Funding you earn now, next payment 07:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.037%
Price spread now: Paradex against Lighter RH−0.234%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Paradex is 0.234% cheaper against Lighter RH than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,493.8 | 0.0416 | pay 0.0052% / 1h | 58m 03s | $2.1M | $7.3M | 10x |
| Short | Paradex ZEC-USD-PERP | 1,490.3 | 0.0100 | get 0.0100% / 8h | 1h 58m | $61K | $43K | 10x |
Lighter RH ZEC
Paradex ZEC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$66.32
- Price spread: −0.234% → 0.000%
- −$23.39
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$93.7
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 6 min ago; Paradex: no order-book sample. Net counts fees only.
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, 6 min ago | 0.83 bp | 2.0 bp −$2 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3684% | 1h | 1,479.8 | −0.939% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0122% | 8h | 1,491.8 | −0.132% | $30.6M | $73.9M | 75x | as long as short |
| Bulk ZEC-USD | −0.0102% | 1h | 1,494.5 | +0.050% | $903K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,492.4 | −0.095% | $18.1M | $46.3M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,490.4 | −0.230% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,489.8 | −0.270% | $414K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,491.6 | −0.146% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,488.9 | −0.331% | $82K | $245K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,491.7 | −0.143% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0071% | 8h | 1,491.7 | −0.137% | $300K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,495.2 | +0.094% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,491.4 | −0.163% | $156K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,490.2 | −0.239% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,493.6 | −0.011% | $14.2M | $29.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,490.8 | −0.201% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,493.7 | −0.005% | $694.9M | $2.28B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,493.6 | −0.010% | $270.1M | $626.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,493.4 | −0.027% | $180.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,486.2 | −0.508% | $406K | $477K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,492.7 | −0.071% | $54.2M | $177.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,494.2 | +0.025% | $233.7M | $769.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,493.9 | +0.005% | $102.6M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,494 | +0.014% | $161.1M | $286.4M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,493.2 | −0.037% | — | $115.0M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,494 | +0.013% | $48.9M | $33.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,494 | +0.012% | $570K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,495.8 | +0.135% | $3.1M | $477K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,494.4 | +0.038% | $414K | $931K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,490.2 | −0.240% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,490.5 | −0.220% | $361K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,491.2 | −0.173% | $164K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,490.9 | −0.196% | $455K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,494 | +0.013% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,492 | −0.119% | $254K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,491.9 | −0.126% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,492.4 | −0.090% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERPshort | +0.0100% | 8h | 1,490.3 | −0.234% | $61K | $43K | 10x | |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,491.1 | −0.181% | $12K | $860K | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0104% / S −0.0078% | 1h | 1,491.3 | −0.164% | $373K | — | 100x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,493.9 | +0.004% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,492.1 | −0.115% | $45K | $149K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,491.2 | −0.171% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,491.3 | −0.168% | $933K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0150% | 1h | 1,493.2 | −0.039% | $2.3M | $3.9M | 15x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,492.3 | −0.102% | $607K | $8.6M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0250% | 1h | 1,493 | −0.055% | $710K | $1.4M | 25x | as long as short |
| Aftermath Perps ZECUSD | +0.0325% | 1h | 1,493.9 | +0.005% | $49K | $63K | 10x | as long as short |
| Lighter ZEC | +0.0344% | 1h | 1,493.8 | −0.002% | $19.5M | $45.3M | 20x | as long as short |
| Hyperliquid ZEC | +0.0371% | 1h | 1,493.7 | −0.004% | $778.4M | $439.8M | 10x | as long as short |
| Lighter RH ZEClong | +0.0416% | 1h | 1,493.8 | long leg | $2.1M | $7.3M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,494.3 | +0.033% | $3.6M | $9.9M | 50x | as long as short |
Phoenix ZEC
Popdex ZECUSDT
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Katana Perps ZEC-USD
GMX ZEC/USD [WBTC.b-USDC]
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Arcus ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Aftermath Perps ZECUSD
Lighter ZEC
Hyperliquid ZEC
Coinbase International ZEC-PERP-INTX