Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.023%
Price spread now: MEXC against Lighter−0.061%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$40.036% of the position
Funding, last 7 days−0.449%−$45 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now −0.061%, 7d avg −0.069%
=Together, before fees−0.443%+ Points / potential airdropLighter: Season 3 · farm board−$44 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,505.4 | 0.0096 | pay 0.0012% / 1h | 13m 02s | $19.6M | $45.7M | 20x |
| Short | MEXC ZEC_USDT | 1,504.4 | 0.0100 | get 0.0100% / 8h | 7h 13m | $405.8M | $843.5M | 150x |
Lighter ZEC
MEXC ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.061% → −0.069%
- $0.8
- Slippage, 4 orders
- −$3.59
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$1.95
- Costs to cover
- 0.036%
- Break-even
- 23.3 days
Slippage from Lighter: live order book, 6 min ago; MEXC: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 6 min ago | 1.13 bp | 2.2 bp −$2 | 2.9 bp −$29 | 9.4 bp −$936 | 58.0 bp −$29.0K |
| Sell MEXC live order book, 1 min ago | 0.03 bp | 0.0 bp $0 | 0.4 bp −$4 | 17.5 bp −$1,752 | 69.8 bp −$34.9K |
ZEC on 50 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3702% | 1h | 1,491.4 | −0.930% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,502.3 | −0.203% | $62K | $308K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0253% | 1h | 1,506.6 | +0.081% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0168% | 8h | 1,504 | −0.090% | $31.6M | $75.7M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,505.8 | +0.028% | $6K | $1K | 10x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,505.9 | +0.037% | $1.6M | $5.0M | 2.2x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,505.6 | +0.013% | $415K | $34K | 5x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,504.3 | −0.071% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,504.5 | −0.055% | $18.3M | $47.5M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,505.4 | +0.002% | $8K | $6K | 5x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kalshi KXZECPERP
dYdX ZEC-USD
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
01 Exchange ZECUSDShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZEC_USDT | +0.0073% | 8h | 1,503.8 | −0.102% | $60.7M | $188.1M | 75x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,506.9 | +0.100% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,503.5 | −0.126% | $304K | $860K | 20x | as long as short |
| Lighter ZEClong | +0.0096% | 1h | 1,505.4 | long leg | $19.6M | $45.7M | 20x | |
| Lighter RH ZEC | +0.0096% | 1h | 1,505.5 | +0.006% | $2.1M | $7.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,505.2 | −0.013% | $177K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,505.3 | −0.002% | $62K | $16K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,505.1 | −0.014% | $16K | $878K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,505.3 | −0.003% | $3.1M | $7.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,505.3 | −0.004% | $790.1M | $447.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,503.4 | −0.130% | $14.0M | $29.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,505.8 | +0.028% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,503.5 | −0.126% | $710.2M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,503 | −0.154% | $273.1M | $611.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,503.3 | −0.139% | $185.6M | $1.35B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,503 | −0.156% | $409K | $545K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,506.2 | +0.053% | $595K | $8.8M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,508.1 | +0.182% | $776K | $147K | 10x | as long as short |
| MEXC ZEC_USDTshort | +0.0100% | 8h | 1,504.4 | −0.061% | $405.8M | $843.5M | 150x | |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,504.2 | −0.075% | $102.9M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,504.6 | −0.053% | $163.2M | $290.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,505.3 | −0.003% | — | $6.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,506.2 | +0.056% | $49.8M | $35.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,508.6 | +0.218% | $551K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508.2 | +0.191% | $3.1M | $549K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,509.2 | +0.256% | $414K | $953K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,509.2 | +0.254% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,504.8 | −0.037% | $374K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,503.8 | −0.101% | $168K | $190K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,506.2 | +0.053% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,503.8 | −0.101% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,508 | +0.177% | $2.7M | $20.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,504.6 | −0.053% | $4.0M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,503.5 | −0.124% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,503.1 | −0.148% | $43K | $157K | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0134% | 1h | 1,504.7 | −0.041% | $2.4M | $3.7M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,504.8 | −0.036% | $966K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0158% | 1h | 1,504.6 | −0.047% | $689K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0164% / S −0.0172% | 1h | 1,503.9 | −0.099% | $334K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,505.9 | +0.036% | $3.8M | $9.9M | 50x | as long as short |
Gate ZEC_USDT
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
Bulk ZEC-USD
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX