Funding you earn now, next payment 03:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.022%
Price spread now: Paradex against Lighter−0.143%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.143% cheaper against Lighter than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,450.8 | 0.0176 | pay 0.0022% / 1h | 36m 00s | $18.9M | $46.4M | 20x |
| Short | Paradex ZEC-USD-PERP | 1,448.8 | 0.0100 | get 0.0100% / 8h | 5h 36m | $60K | $43K | 10x |
Lighter ZEC
Paradex ZEC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$16
- Price spread: −0.143% → 0.000%
- −$14.29
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$34.29
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 13 min ago; Paradex: no order-book sample. Net counts fees only.
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, 13 min ago | 1.13 bp | 1.4 bp −$1 | 3.3 bp −$33 | 15.7 bp −$1,566 | 78.5 bp −$39.2K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3244% | 1h | 1,449.3 | −0.108% | $33K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0081% | 8h | 1,450.5 | −0.024% | $29.4M | $70.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,449.7 | −0.077% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,447.5 | −0.230% | $408K | $44K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,448.3 | −0.174% | $1.3M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,447.6 | −0.224% | $83K | $248K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,449.1 | −0.123% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0040% | 8h | 1,450.1 | −0.054% | $290K | $979K | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0046% | 1h | 1,449 | −0.127% | $406K | $904K | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0053% / S −0.0009% | 1h | 1,449.1 | −0.118% | $374K | — | 100x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0074% | 1h | 1,449.2 | −0.114% | $4.6M | $1.4M | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0096% | 1h | 1,445.9 | −0.340% | $394K | $431K | 5x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,448.2 | −0.181% | $173K | $1.8M | 50x | as long as short |
| Gate ZEC_USDT | +0.0097% | 8h | 1,450.1 | −0.049% | $49.3M | $172.6M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,446.6 | −0.295% | $14K | $860K | 10x | as long as short |
| Paradex ZEC-USD-PERPshort | +0.0100% | 8h | 1,448.8 | −0.143% | $60K | $43K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,448.5 | −0.164% | $2.5M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,451.3 | +0.032% | $755.3M | $433.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,449.7 | −0.081% | $14.4M | $28.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,448.8 | −0.143% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,450.8 | −0.002% | $664.3M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,450.8 | −0.006% | $266.0M | $610.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,451.1 | +0.019% | $179.1M | $1.24B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,458.7 | +0.538% | $886K | $16K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,450 | −0.059% | $213.2M | $774.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,449.7 | −0.077% | $101.9M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,450.4 | −0.030% | $161.0M | $277.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,449.2 | −0.112% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,451.1 | +0.017% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,448.7 | −0.147% | $46.8M | $32.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.5 | +0.387% | $567K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,448.4 | −0.168% | $3.0M | $419K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,449.9 | −0.068% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,448.3 | −0.175% | $322K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.8 | −0.070% | $138K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,448.3 | −0.175% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,452 | +0.081% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,449.7 | −0.082% | $232K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,447.9 | −0.202% | $2.6M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,449.9 | −0.068% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,449.2 | −0.114% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,449.5 | −0.091% | $47K | $156K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,448.5 | −0.163% | $8K | $7K | 5x | as long as short |
| Lighter ZEClong | +0.0176% | 1h | 1,450.8 | long leg | $18.9M | $46.4M | 20x | |
| Kraken Futures PF_ZECUSD | +0.0197% | 1h | 1,449.6 | −0.088% | $17.8M | $44.5M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,450.7 | −0.009% | $721K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0320% | 1h | 1,451.1 | +0.017% | $2.0M | $6.9M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0391% | 1h | 1,450.5 | −0.024% | $610K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,448.3 | −0.175% | $825K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,451 | +0.014% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0713% | 1h | 1,454 | +0.218% | $43K | $46K | 10x | as long as short |
Phoenix ZEC
Ondo Perps ZEC-USD.P
Popdex ZECUSDT
Gate ZEC_USDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD