Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.047%
Price spread now: MEXC against Lighter RH−0.094%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$40.036% of the position
Funding, last 7 days−0.315%−$31 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.094%, 7d avg −0.071%
=Together, before fees−0.258%+ Points / potential airdropLighter RH: Points live · farm board−$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.023% cheaper against Lighter RH than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,502.4 | 0.0096 | pay 0.0012% / 1h | 19m 37s | $2.1M | $7.3M | 10x |
| Short | MEXC ZEC_USDT | 1,501 | 0.0100 | get 0.0100% / 8h | 6h 19m | $174.7M | $849.1M | 150x |
Lighter RH ZEC
MEXC ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.094% → −0.071%
- −$2.33
- Slippage, 4 orders
- −$3.58
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$5.07
- Costs to cover
- 0.036%
- Break-even
- 49.3 days
Slippage from Lighter RH: live order book, 2 min ago; MEXC: 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 | 0.67 bp | 2.9 bp −$3 | 6.0 bp −$60 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.03 bp | 0.0 bp $0 | 0.7 bp −$7 | 21.7 bp −$2,174 | 78.8 bp −$39.4K |
ZEC on 50 exchanges
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 | −0.3772% | 1h | 1,480 | −1.492% | $36K | $274K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0186% | 8h | 1,502.2 | −0.012% | $31.6M | $75.1M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0121% | 1h | 1,501.1 | −0.083% | $46K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,500.8 | −0.109% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0052% | 1h | 1,498.6 | −0.253% | $408K | $507K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,501.3 | −0.073% | $8K | $6K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,502.1 | −0.023% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,499.4 | −0.200% | $62K | $298K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,501.9 | −0.035% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0009% | 1h | 1,500.6 | −0.118% | $18.4M | $47.1M | 25x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEC-USD | +0.0010% | 1h | 1,499.9 | −0.165% | $413K | $34K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0075% | 8h | 1,499.6 | −0.185% | $303K | $858K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0077% | 1h | 1,500.5 | −0.127% | $922K | $1.3M | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,502.2 | −0.012% | $19.7M | $41.2M | 20x | as long as short |
| Lighter RH ZEClong | +0.0096% | 1h | 1,502.4 | long leg | $2.1M | $7.3M | 10x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,501.1 | −0.088% | $173K | $1.6M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,500.9 | −0.100% | $62K | $16K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,501.2 | −0.079% | $19K | $879K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,501.4 | −0.066% | $3.1M | $7.2M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,501.8 | −0.040% | $787.4M | $430.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,500.6 | −0.117% | $14.1M | $27.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,501.5 | −0.058% | $1.7M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,501.1 | −0.089% | $707.5M | $2.24B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,501 | −0.094% | $275.6M | $595.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,501.2 | −0.082% | $184.9M | $1.32B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,502.1 | −0.023% | $597K | $8.6M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,494.1 | −0.555% | $775K | $158K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,501 | −0.093% | $61.8M | $184.5M | 75x | as long as short |
| MEXC ZEC_USDTshort | +0.0100% | 8h | 1,501 | −0.094% | $174.7M | $849.1M | 150x | |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,501.1 | −0.088% | $105.0M | $54.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,501 | −0.091% | $163.7M | $285.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,500 | −0.163% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,500.8 | −0.104% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,501.2 | −0.077% | $49.5M | $34.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,501.8 | −0.042% | $549K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,501.7 | −0.044% | $3.1M | $566K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,501.8 | −0.041% | $410K | $958K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,500.5 | −0.128% | $112K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,501 | −0.093% | $371K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,500.3 | −0.142% | $167K | $189K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,502.4 | −0.002% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,500.2 | −0.145% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,500.7 | −0.114% | $2.6M | $20.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,500.9 | −0.103% | $4.0M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,501 | −0.095% | $2.7M | $7.4M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,499.8 | −0.171% | $37K | $163K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0109% | 1h | 1,500.7 | −0.113% | $687K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0139% | 1h | 1,502.9 | +0.035% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0180% / S −0.0163% | 1h | 1,500.2 | −0.150% | $372K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0336% | 1h | 1,502 | −0.024% | $3.9M | $9.7M | 50x | as long as short |
dYdX ZEC-USD
Orderly PERP_ZEC_USDC
RISEx ZEC/USDC
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX