Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.073%
Price spread now: Bybit against Lighter RH−0.086%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.086%, 7d avg −0.075%
=Together, before fees−0.101%+ Points / potential airdropLighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,515.9 | 0.0096 | pay 0.0012% / 1h | 0m 21s | $2.1M | $7.7M | 10x |
| Short | Bybit ZECUSDT | 1,514.6 | 0.0100 | get 0.0100% / 8h | 0m 21s | $273.7M | $628.0M | 75x |
Lighter RH ZEC
Bybit ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0.84
- Price spread: −0.086% → −0.075%
- −$1.08
- Slippage, 4 orders
- −$8.44
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$19.68
- Costs to cover
- 0.194%
- Break-even
- 171.0 days
Slippage from Lighter RH: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 1.32 bp | 2.2 bp −$2 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.03 bp | 7.3 bp −$7 | 10.0 bp −$100 | 18.5 bp −$1,850 | 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 | −0.3442% | 1h | 1,496.3 | −1.295% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,513.9 | −0.132% | $62K | $306K | 10x | as long as short |
| Bulk ZEC-USD | −0.0412% | 1h | 1,508.1 | −0.514% | $776K | $147K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0163% | 8h | 1,515.2 | −0.048% | $31.4M | $77.0M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0103% | 1h | 1,511.8 | −0.269% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,515.1 | −0.055% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,513.8 | −0.137% | $421K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,514.3 | −0.104% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,514.9 | −0.065% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0011% | 1h | 1,515 | −0.061% | $18.3M | $47.8M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Bulk ZEC-USD
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.P | +0.0070% | 1h | 1,510 | −0.389% | $413K | $552K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,515.2 | −0.044% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,515.2 | −0.048% | $305K | $863K | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,514.3 | −0.108% | $4.8M | $1.4M | 10x | as long as short |
| Lighter RH ZEClong | +0.0096% | 1h | 1,515.9 | long leg | $2.1M | $7.7M | 10x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,515.2 | −0.048% | $177K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,515 | −0.061% | $16K | $897K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,515.1 | −0.054% | $62K | $19K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,515.3 | −0.039% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,515.6 | −0.020% | $792.9M | $447.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,514.6 | −0.089% | $14.2M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,515 | −0.058% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,515.4 | −0.036% | $716.1M | $2.33B | 75x | as long as short |
| Bybit ZECUSDTshort | +0.0100% | 8h | 1,514.6 | −0.086% | $273.7M | $628.0M | 75x | |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,515.2 | −0.045% | $183.4M | $1.38B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,515 | −0.062% | $59.9M | $191.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,515.3 | −0.043% | $263.6M | $832.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,515 | −0.059% | $103.8M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,515.3 | −0.042% | $163.7M | $294.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,514.1 | −0.118% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,513.8 | −0.140% | $50.0M | $35.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,510.8 | −0.334% | $578K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,510.9 | −0.333% | $3.1M | $532K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,509.9 | −0.394% | $416K | $948K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,514.1 | −0.120% | $54K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,515.4 | −0.033% | $376K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,515.4 | −0.034% | $169K | $193K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,513.2 | −0.180% | $462K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,516.8 | +0.059% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,514.5 | −0.092% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,513.2 | −0.181% | $2.7M | $21.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,515.5 | −0.027% | $4.1M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,515.2 | −0.049% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,515.4 | −0.031% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,515.4 | −0.033% | $962K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0128% | 1h | 1,516 | +0.003% | $19.7M | $47.1M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0146% | 1h | 1,515.3 | −0.042% | $692K | $1.4M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0151% / S −0.0151% | 1h | 1,515.1 | −0.054% | $336K | — | 100x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,515.6 | −0.019% | $596K | $8.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,516.2 | +0.020% | $3.7M | $9.8M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0491% | 1h | 1,515.2 | −0.045% | $2.4M | $3.8M | 15x | as long as short |
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
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
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP