Funding you earn now, next payment 22:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.20 per $10,000 · paid last 24h +0.014%
Price spread now: Arcus against Lighter RH−0.163%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$170.173% of the position
Funding, last 3 days (all we have)+0.010%+$1 on $10k
+Price spread, last 7 days+0.219%+$22 · spread now −0.163%, 7d avg −0.024%
=Together, before fees+0.228%+ Points / potential airdropLighter RH: Points live · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Arcus is 0.139% cheaper against Lighter RH than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,461.8 | 0.0680 | pay 0.0085% / 1h | 26m 23s | $2.0M | $8.5M | 10x |
| Short | Arcus ZEC-USD | 1,459.4 | 0.0518 | get 0.0065% / 1h | 26m 23s | $743K | $8.0M | 10x |
Lighter RH ZEC
Arcus ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$33.93
- Price spread: −0.163% → −0.024%
- −$13.94
- Slippage, 4 orders
- −$12.8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$65.18
- Costs to cover
- 0.173%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Arcus: live order book, 3 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 | 2.23 bp | 2.2 bp −$2 | 5.9 bp −$59 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.00 bp | 2.3 bp −$2 | 4.0 bp −$40 | 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 | 1,433.1 | −1.962% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0085% | 8h | 1,458 | −0.262% | $28.8M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,458.5 | −0.230% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,456.6 | −0.356% | $17.7M | $44.7M | 25x | as long as short |
| Variational Omni ZEC | −0.0001% | 8h | 1,443 | −1.285% | $45.4M | $32.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.3 | −0.172% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,460 | −0.122% | $917K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,457.5 | −0.295% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,458.2 | −0.250% | $593K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,458.2 | −0.248% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0011% | 8h | 1,457 | −0.328% | $268.0M | $677.1M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,457.5 | −0.296% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0025% / S +0.0071% | 1h | 1,457.9 | −0.271% | $566K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0058% | 8h | 1,457.6 | −0.287% | $173.5M | $1.36B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,457.8 | −0.273% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0080% | 8h | 1,457.9 | −0.270% | $49.4M | $189.9M | 75x | as long as short |
| Aster ZECUSDT | +0.0092% | 8h | 1,458.1 | −0.252% | $15.4M | $34.7M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,457.3 | −0.308% | $13K | $872K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,457.6 | −0.290% | $18.8M | $54.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,457.5 | −0.295% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.4 | −0.301% | $60K | $38K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,458.8 | −0.206% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.4 | −0.237% | $753.7M | $496.9M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460 | −0.128% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.7 | −0.283% | $664.6M | $2.54B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458.6 | −0.220% | $395K | $522K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,445 | −1.150% | $890K | $32K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,458 | −0.261% | $217.3M | $895.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457.8 | −0.276% | $103.3M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.5 | −0.294% | $161.3M | $313.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,457.6 | −0.287% | — | $102.9M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,458.6 | −0.218% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,444.1 | −1.211% | $485K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,445.8 | −1.099% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,445.6 | −1.108% | $702K | $608K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.1 | −0.392% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.2 | −0.316% | $349K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.7 | −0.285% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.4 | −0.371% | $443K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459.4 | −0.166% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457 | −0.327% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457.4 | −0.301% | $2.4M | $25.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.4 | −0.302% | $3.8M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.1 | −0.668% | $4.5M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.8 | −0.273% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.6 | −0.287% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,458.1 | −0.251% | $870K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,459.8 | −0.137% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0459% | 1h | 1,453.5 | −0.568% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USDshort | +0.0518% | 1h | 1,459.4 | −0.163% | $743K | $8.0M | 10x | |
| Lighter RH ZEClong | +0.0680% | 1h | 1,461.8 | long leg | $2.0M | $8.5M | 10x |
Bybit ZECUSDT
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Gate ZEC_USDT
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD