Funding you earn now, next payment 00:00 UTC−0.0400%/8h= −43.8% APRnext payment −$0.50 per $10,000 · paid last 24h −0.022%
Price spread now: Aevo against Lighter RH−0.170%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 3 days (all we have)+0.538%+$54 · spread now −0.170%, 7d avg −0.071%
=Together, before fees+0.389%+ Points / potential airdropLighter RH: Points live · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aevo is 0.100% cheaper against Lighter RH than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.071%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.149% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,474.8 | 0.0504 | pay 0.0063% / 1h | 51m 47s | $2.0M | $8.2M | 10x |
| Short | Aevo ZEC-PERP | 1,472.3 | 0.0104 | get 0.0013% / 1h | 51m 47s | $37K | $366K | 20x |
Lighter RH ZEC
Aevo ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter RH. 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
- −$84
- Price spread: −0.170% → −0.071%
- −$10
- Slippage, 4 orders
- −$24.1
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$134.1
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Aevo: live order book, 27 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 RH live order book, 2 min ago | 1.86 bp | 1.9 bp −$2 | 6.2 bp −$62 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 27 min ago | 6.55 bp | 20.1 bp −$20 | 27.6 bp −$276 | 37.8 bp −$3,777 | 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 | −0.3089% | 1h | 1,475.9 | +0.074% | $34K | $275K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0365% | 1h | 1,474 | −0.050% | $432K | $827K | 50x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0334% | 1h | 1,473.5 | −0.086% | $400K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,472.5 | −0.153% | $17.9M | $44.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0111% | 8h | 1,474.5 | −0.018% | $29.5M | $75.7M | 75x | as long as short |
| Bybit ZECUSDT | −0.0087% | 8h | 1,472.3 | −0.168% | $273.4M | $661.1M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474.2 | −0.041% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0037% | 8h | 1,473.4 | −0.092% | $47.0M | $33.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.7 | −0.070% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,474.1 | −0.046% | $901K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Bybit ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,473.3 | −0.098% | $84K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,473.4 | −0.094% | $615K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,473.3 | −0.098% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,472.6 | −0.148% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,475.6 | +0.057% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,473.1 | −0.110% | $366K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,472.7 | −0.140% | $180.4M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0042% | 8h | 1,472.6 | −0.148% | $50.6M | $184.1M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,473.9 | −0.062% | $8K | $8K | 5x | as long as short |
| SoDEX ZEC-USD | +0.0068% | 1h | 1,472.3 | −0.170% | $226K | $4.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,473.2 | −0.107% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,474.1 | −0.046% | $12K | $828K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,473.8 | −0.066% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,474.3 | −0.031% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,474.2 | −0.039% | $765.0M | $473.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.5 | −0.157% | $15.5M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,474.2 | −0.037% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,472.9 | −0.130% | $681.5M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,475 | +0.014% | $714K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.247% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.4 | −0.163% | $221.8M | $830.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.5 | −0.157% | $104.1M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.9 | −0.127% | $162.7M | $303.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,472.5 | −0.154% | — | $102.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,474.3 | −0.032% | $513K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,475.5 | +0.051% | $3.0M | $466K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,475.5 | +0.052% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,473.1 | −0.113% | $347K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.9 | −0.130% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.9 | −0.259% | $448K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.8 | +0.003% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473.2 | −0.107% | $2.5M | $23.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,473.1 | −0.112% | $3.9M | $5.3M | 50x | as long as short |
| Lighter ZEC | +0.0104% | 1h | 1,474.4 | −0.024% | $19.1M | $52.1M | 20x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,473 | −0.122% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,472.3 | −0.170% | $37K | $366K | 20x | |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,474.2 | −0.037% | $836K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,474.4 | −0.025% | $3.8M | $11.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0503% | 1h | 1,473.4 | −0.094% | $2.4M | $3.7M | 15x | as long as short |
| Lighter RH ZEClong | +0.0504% | 1h | 1,474.8 | long leg | $2.0M | $8.2M | 10x | |
| Aftermath Perps ZECUSD | +0.0632% | 1h | 1,474.4 | −0.023% | $46K | $47K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
SoDEX ZEC-USD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Lighter ZEC
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD