Funding you earn now, next payment 06:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.018%
Price spread now: SunX against Lighter+0.063%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1201.202% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now +0.063%, 7d avg +0.036%
=Together, before fees−0.020%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.026% dearer against Lighter than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.036%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.168% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,467.9 | 0.0120 | pay 0.0015% / 1h | 56m 36s | $19.4M | $43.8M | 20x |
| Short | SunX ZEC-USDT | 1,468.9 | 0.0100 | get 0.0100% / 8h | 2h 56m | $3K | $1.1M | 20x |
Lighter ZEC
SunX ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$4.2
- Price spread: +0.063% → +0.036%
- $2.65
- Slippage, 4 orders
- −$112.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$121.76
- Costs to cover
- 1.202%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; SunX: live order book, 7 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 | 0.92 bp | 0.9 bp −$1 | 2.3 bp −$23 | 7.9 bp −$793 | 68.9 bp −$34.5K |
| Sell SunX live order book, 7 min ago | 29.01 bp | 68.5 bp −$69 | 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 | −0.3243% | 1h | 1,467.3 | −0.047% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.4 | −0.106% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0072% | 8h | 1,467.5 | −0.033% | $29.8M | $70.8M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0031% | 1h | 1,466.6 | −0.091% | $398K | $438K | 5x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,466.8 | −0.077% | $408K | $37K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,467 | −0.066% | $8K | $7K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.8 | −0.077% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,468.1 | +0.008% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,467.5 | −0.031% | $293K | $900K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0091% / S −0.0043% | 1h | 1,468.1 | +0.012% | $437K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
dYdX ZEC-USD
01 Exchange ZECUSD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.8 | −0.079% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,467.6 | −0.024% | $12K | $799K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,467 | −0.066% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.7 | −0.017% | $2.9M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.7 | −0.016% | $764.6M | $420.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.1 | −0.060% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,467.2 | −0.049% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.8 | −0.080% | $676.5M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,466.1 | −0.123% | $261.9M | $586.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,466.4 | −0.103% | $178.8M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.8 | −0.350% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,467 | −0.061% | $52.7M | $169.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.8 | −0.076% | $219.4M | $756.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.2 | −0.051% | $103.3M | $52.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467 | −0.064% | $166.7M | $267.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,467.6 | −0.024% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.9 | −0.340% | $48.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,462.7 | −0.359% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,464.5 | −0.233% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,464.9 | −0.211% | $405K | $921K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,466.6 | −0.093% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.7 | −0.085% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,468.1 | +0.011% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.8 | −0.081% | $448K | $504K | 6.7x | as long as short |
| SunX ZEC-USDTshort | +0.0100% | 8h | 1,468.9 | +0.063% | $3K | $1.1M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.7 | −0.016% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.5 | −0.096% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.4 | −0.035% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.9 | −0.069% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.4 | −0.036% | $47K | $151K | 20x | as long as short |
| Kalshi KXZECPERP | +0.0111% | 8h | 1,467.6 | −0.021% | $1.5M | $4.4M | 2.2x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,467.5 | −0.033% | $4.7M | $1.3M | 10x | as long as short |
| Lighter ZEClong | +0.0120% | 1h | 1,467.9 | long leg | $19.4M | $43.8M | 20x | |
| Lighter RH ZEC | +0.0120% | 1h | 1,468.2 | +0.016% | $2.1M | $7.0M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0146% | 1h | 1,467.8 | −0.013% | $18.0M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,467.1 | −0.057% | $927K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0160% | 1h | 1,468.3 | +0.024% | $2.4M | $3.8M | 15x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0246% | 1h | 1,468.6 | +0.048% | $618K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,469.7 | +0.121% | $3.8M | $9.0M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,468.4 | +0.030% | $671K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,465.5 | −0.164% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
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
Derive ZEC-PERP
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Kalshi KXZECPERP
Phoenix ZEC
Lighter RH ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD