Funding you earn now, next payment 02:00 UTC−0.0282%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.057%
Price spread now: gTrade (Gains Network) against Lighter RH−0.137%7-day average −0.067% · 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−$280as in the Price arb table
costs, in and out, $10k−$2732.733% of the position
Funding, last 3 days (all we have)−0.135%−$13 on $10k
+Price spread, last 3 days (all we have)+0.173%+$17 · spread now −0.137%, 7d avg −0.067%
=Together, before fees+0.039%+ Points / potential airdropLighter RH: Points live · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and gTrade (Gains Network) is 0.071% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,476.6 | 0.0288 | pay 0.0036% / 1h | 21m 29s | $2.1M | $7.1M | 10x |
| Short | gTrade (Gains Network) ZEC/USD | 1,474.6 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 21m 29s | $5.2M | — | 150x |
Lighter RH ZEC
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$59.16
- Price spread: −0.137% → −0.067%
- −$7.08
- Slippage, 4 orders
- −$263.27
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$339.51
- Costs to cover
- 2.733%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 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 | 1.25 bp | 1.3 bp −$1 | 3.9 bp −$39 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.02 bp | 135.0 bp −$135 | 584.7 bp −$5,847 | doesn't fit | doesn't fit |
ZEC on 50 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 | −0.3678% | 1h | 1,459.3 | −1.174% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,475.2 | −0.093% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0010% | 1h | 1,471.4 | −0.354% | $400K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,474.4 | −0.150% | $18.1M | $43.8M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,474.4 | −0.152% | $415K | $54K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,475.6 | −0.072% | $976K | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,474.1 | −0.173% | $84K | $254K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,474.6 | −0.137% | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0028% | 8h | 1,474.1 | −0.170% | $294K | $1.0M | 20x | as long as short |
| Variational Omni ZEC | +0.0048% | 8h | 1,474.4 | −0.149% | $48.1M | $32.8M | — | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Orderly PERP_ZEC_USDC
Variational Omni ZECShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,474.4 | −0.148% | $385K | — | 100x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,476.1 | −0.035% | $4.7M | $1.5M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,475.1 | −0.100% | $8K | $8K | 5x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,475 | −0.113% | $174K | $1.8M | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0097% | 8h | 1,474.7 | −0.131% | $181.7M | $1.27B | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,474.5 | −0.141% | $14K | $840K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,475.2 | −0.097% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,474.1 | −0.169% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,475.8 | −0.055% | $768.5M | $443.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,474.8 | −0.126% | $14.8M | $30.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,475.2 | −0.098% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,475.1 | −0.104% | $682.4M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,474.5 | −0.141% | $272.3M | $617.1M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,476.6 | −0.003% | $896K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,474.8 | −0.124% | $50.4M | $176.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,475.1 | −0.102% | $216.6M | $800.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,474.8 | −0.123% | $103.6M | $56.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,475.2 | −0.096% | $163.9M | $283.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,475.2 | −0.099% | — | $100.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,472.2 | −0.302% | $573K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,473.6 | −0.208% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,473.3 | −0.226% | $428K | $898K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,474.4 | −0.148% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474.4 | −0.150% | $346K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,474.7 | −0.132% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,472.8 | −0.256% | $458K | $511K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,476.8 | +0.015% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,474.1 | −0.173% | $243K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,474.4 | −0.154% | $2.5M | $18.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,474.2 | −0.161% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.8 | −0.124% | $3.2M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,474.1 | −0.167% | $48K | $162K | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,476.2 | −0.029% | $688K | $8.6M | 10x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,476.5 | −0.007% | $19.3M | $48.2M | 20x | as long as short |
| Lighter RH ZEClong | +0.0288% | 1h | 1,476.6 | long leg | $2.1M | $7.1M | 10x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0295% | 1h | 1,475 | −0.107% | $614K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,475.8 | −0.058% | $867K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,476.3 | −0.022% | $3.6M | $9.4M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0483% | 1h | 1,474.5 | −0.145% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0739% | 1h | 1,475.1 | −0.106% | $44K | $46K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
01 Exchange ZECUSD
Popdex ZECUSDT
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Arcus ZEC-USD
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD