Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.015%
Price spread now: Lighter RH against Lighter+0.034%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$80.078% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.133%−$13 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.034%, 7d avg 0.000%
Together, before fees−0.231%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter RH is 0.034% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 7 days funding on this pair cost −0.133%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZEC1,452.10.0336pay 0.0042% / 1h43m 25s$19.1M$45.9M20x
ShortLighter RH ZEC1,452.50.0464get 0.0058% / 1h43m 25s$2.0M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$26.88
Price spread: +0.034% → 0.000%
$3.37
Slippage, 4 orders
−$7.78
Fee Lighter: 0 bp × 2 orders
$0
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$22.47
Costs to cover
0.078%
Break-even
1.1 days
Slippage from Lighter: live order book, 10 min ago; Lighter RH: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 10 min ago0.89 bp1.7 bp −$23.0 bp −$3012.4 bp −$1,24074.9 bp −$37.5K
Sell Lighter RH live order book, 5 min ago1.48 bp3.4 bp −$34.9 bp −$49doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3166%1h1,449.7−0.160%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.9−0.013%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,449.9−0.149%$29.2M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.1−0.064%$409K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,450.2−0.128%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,450.6−0.101%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.4−0.113%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0059%8h1,452.2+0.009%$291K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0065% / S −0.0015%1h1,451.6−0.033%$408K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,450.7−0.090%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,450.8−0.088%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,450.7−0.095%$11K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450.9−0.079%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.7−0.093%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.4−0.045%$754.7M$434.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,450.8−0.086%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,450.9−0.078%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,450.9−0.083%$665.9M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,450.4−0.114%$261.1M$602.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,450.8−0.088%$177.1M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7−0.231%$394K$444K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7−0.093%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,450.5−0.105%$49.9M$173.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,450.5−0.110%$215.3M$769.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,450.8−0.087%$102.1M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,450.5−0.110%$164.7M$274.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,451−0.073%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453.1+0.071%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.3−0.325%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,447.5−0.315%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.6−0.102%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,449.9−0.149%$403K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.4−0.048%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,450.2−0.128%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.4−0.114%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451−0.072%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.5+0.168%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.2+0.007%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,450.9−0.083%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.7−0.022%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,450.4−0.116%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,451.8−0.015%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,451.4−0.046%$4.6M$1.3M10xas long as short
Kraken Futures PF_ZECUSD+0.0278%1h1,452.1+0.001%$18.0M$44.9M25xas long as short
Lighter ZEClong+0.0336%1h1,452.1long leg$19.1M$45.9M20x
Deribit ZEC_USDC-PERPETUAL+0.0350%1h1,452.8+0.051%$610K$1.3M25xas long as short
RISEx ZEC/USDC+0.0412%1h1,450.9−0.077%$920K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,453.2+0.081%$3.8M$9.0M50xas long as short
Lighter RH ZECshort+0.0464%1h1,452.5+0.034%$2.0M$6.9M10x
Arcus ZEC-USD+0.0626%1h1,450.1−0.137%$738K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0667%1h1,450−0.140%$44K$49K10xas long as short