Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Pacifica against Lighter−0.051%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.167% of the position
Funding, last 7 days−0.624%−$62 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now −0.051%, 7d avg −0.079%
=Together, before fees−0.678%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board−$68 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.028% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,452.3 | 0.0104 | pay 0.0013% / 1h | 51m 39s | $18.7M | $53.8M | 20x |
| Short | Pacifica ZEC | 1,451.5 | 0.0100 | get 0.0013% / 1h | 51m 39s | $1.6M | $3.1M | 10x |
Lighter ZEC
Pacifica ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: −0.051% → −0.079%
- $2.83
- Slippage, 4 orders
- −$8.67
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$14.68
- Costs to cover
- 0.167%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Pacifica: live order book, 2 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, 7 min ago | 0.85 bp | 1.0 bp −$1 | 2.8 bp −$28 | 9.5 bp −$954 | 65.8 bp −$32.9K |
| Sell Pacifica live order book, 2 min ago | 1.41 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
ZEC on 51 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 | −0.3476% | 1h | 1,437.6 | −1.010% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.6 | −0.045% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451 | −0.086% | $17.6M | $44.7M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0067% | 8h | 1,453.9 | +0.110% | $29.0M | $75.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0034% | 8h | 1,451.4 | −0.061% | $45.5M | $32.3M | — | as long as short |
| Bybit ZECUSDT | −0.0012% | 8h | 1,451.4 | −0.060% | $269.2M | $677.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.4 | −0.061% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,453.5 | +0.083% | $848K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.7 | −0.042% | $82K | $400K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,452.4 | +0.006% | $566K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,451.5 | −0.054% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0007% | 8h | 1,451.3 | −0.069% | $291K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0035% | 8h | 1,451.5 | −0.054% | $172.0M | $1.36B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0039% / S +0.0063% | 1h | 1,451.4 | −0.062% | $539K | — | 100x | as long as short |
| Aster ZECUSDT | +0.0055% | 8h | 1,451.8 | −0.035% | $15.2M | $35.2M | 75x | as long as short |
| Gate ZEC_USDT | +0.0064% | 8h | 1,451.8 | −0.035% | $49.1M | $185.3M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,452.4 | +0.010% | $8K | $8K | 5x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0090% | 1h | 1,449.8 | −0.170% | $394K | $522K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,452.3 | +0.002% | $17K | $886K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,452.3 | +0.001% | $177K | $2.0M | 50x | as long as short |
| MEXC ZEC_USDT | +0.0099% | 8h | 1,451.9 | −0.027% | $218.2M | $880.3M | 150x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,451.6 | −0.044% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,452.9 | +0.040% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,452 | −0.019% | $750.7M | $492.8M | 10x | as long as short |
| Pacifica ZECshort | +0.0100% | 1h | 1,451.5 | −0.051% | $1.6M | $3.1M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,451.6 | −0.048% | $658.4M | $2.55B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | +0.185% | $896K | $37K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,451.4 | −0.063% | $103.5M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,451.8 | −0.033% | $161.8M | $316.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,451.6 | −0.047% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,451.6 | −0.044% | $2.3M | $4.2M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.8 | +0.106% | $488K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.9 | +0.044% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,450.5 | −0.122% | $705K | $604K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,454.2 | +0.133% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.1 | −0.081% | $298K | $2.1M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,451.3 | −0.066% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,450.3 | −0.139% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457.6 | +0.367% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,451.2 | −0.072% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451 | −0.088% | $2.4M | $25.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.6 | −0.050% | $3.7M | $5.5M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | −0.002% | $4.6M | $1.6M | 10x | as long as short |
| Lighter ZEClong | +0.0104% | 1h | 1,452.3 | long leg | $18.7M | $53.8M | 20x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.4 | −0.059% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,452.6 | +0.020% | $862K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0328% | 1h | 1,451.8 | −0.032% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,453.4 | +0.075% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0466% | 1h | 1,453.5 | +0.083% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,454.1 | +0.125% | $756K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0672% | 1h | 1,453.1 | +0.054% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Aster ZECUSDT
Gate ZEC_USDT
01 Exchange ZECUSD
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Popdex ZECUSDT
MEXC ZEC_USDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Binance ZECUSDT
Bulk ZEC-USD
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Aevo ZEC-PERP
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC