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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment $0.14 per $10,000 · paid last 24h −0.032%
Price spread now: 01 Exchange against Lighter−0.059%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.059% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZEC1,505.20.0224pay 0.0028% / 1h42m 22s$19.8M$45.2M20x
Short01 Exchange ZECUSD1,504.30.0112get 0.0014% / 1h42m 22s$8K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$23.52
Price spread: −0.059% → 0.000%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$36.43
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 7 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 7 min ago0.16 bp0.4 bp $02.3 bp −$239.2 bp −$91656.8 bp −$28.4K
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3442%1h1,495.7−0.634%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502−0.214%$62K$304K10xas long as short
BloFin ZEC-USDT−0.0174%8h1,505.7+0.034%$31.0M$75.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,502.2−0.199%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0066%1h1,500.3−0.328%$48K$59K10xas long as short
Bulk ZEC-USD−0.0053%1h1,497−0.545%$904K$2K10xas long as short
dYdX ZEC-USD0.0000%1h1,504.2−0.070%$418K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,505.2−0.003%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503.6−0.106%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,503.7−0.100%$18.1M$46.7M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0078%1h1,504−0.082%$687K$1.4M25xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,503.1−0.140%$303K$1.1M20xas long as short
Phoenix ZEC+0.0096%1h1,502.4−0.187%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503.8−0.094%$175K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,504.6−0.043%$14K$878K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,503.7−0.102%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504−0.084%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.1−0.009%$786.6M$445.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,503.1−0.142%$14.1M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,504−0.082%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,503.5−0.114%$702.6M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,503−0.151%$270.8M$624.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,503.4−0.124%$183.4M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,502.8−0.161%$410K$563K5xas long as short
Gate ZEC_USDT+0.0100%8h1,503.5−0.115%$56.2M$183.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.9−0.089%$239.4M$792.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,503.8−0.094%$103.6M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,503.5−0.114%$162.4M$289.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,503.4−0.122%$118.2Mas long as short
Variational Omni ZEC+0.0100%8h1,501.5−0.247%$49.0M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,499.2−0.400%$574K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,500.8−0.292%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.8−0.362%$413K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,504.9−0.024%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503.8−0.095%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.7−0.099%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,503−0.148%$459K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506+0.051%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.4−0.124%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,503.8−0.096%$2.7M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,505.4+0.009%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,503.4−0.122%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.3−0.128%$43K$151K20xas long as short
01 Exchange ZECUSDshort+0.0112%1h1,504.3−0.059%$8K$6K5x
RISEx ZEC/USDC+0.0128%1h1,504−0.081%$946K$1.1M10xas long as short
Lighter RH ZEC+0.0144%1h1,505.3+0.001%$2.1M$7.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0160% / S −0.0197%1h1,503.4−0.120%$437K100xas long as short
Lighter ZEClong+0.0224%1h1,505.2long leg$19.8M$45.2M20x
Arcus ZEC-USD+0.0403%1h1,504.7−0.037%$606K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,505.4+0.012%$3.7M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0531%1h1,506+0.048%$2.4M$3.9M15xas long as short