Funding you earn now, next payment 05:14 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.059%
Price spread now: Perpl against Lighter RH−0.475%7-day average −0.114% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 4 days (all we have)+0.838%+$84 · spread now −0.475%, 7d avg −0.114%
=Together, before fees+0.585%+ Points / potential airdropLighter RH: Points live · Perpl: Active · farm board+$59 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 Perpl is 0.361% cheaper against Lighter RH than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.114%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,518.7 | 0.0168 | pay 0.0021% / 1h | 16m 37s | $2.1M | $7.3M | 10x |
| Short | Perpl ZEC | 1,511.4 | 0 | get 0.0000% / 43m | 39m 37s | $86K | $239K | 10x |
Lighter RH ZEC
Perpl ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- −$35.28
- Price spread: −0.475% → −0.114%
- −$36.11
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$85.19
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 2 min ago; Perpl: 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, 2 min ago | 0.89 bp | 1.0 bp −$1 | 4.9 bp −$49 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | −0.3243% | 1h | 1,488.7 | −1.975% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0149% | 8h | 1,515.1 | −0.234% | $30.5M | $74.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,516.2 | −0.161% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,516.2 | −0.165% | $421K | $36K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,510.7 | −0.526% | $1.7M | $4.6M | 2.2x | as long as short |
| Perpl ZECshort | 0.0000% | 43m | 1,511.4 | −0.475% | $86K | $239K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,514.7 | −0.259% | $5.4M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0066% | 8h | 1,514.8 | −0.257% | $306K | $900K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,519.8 | +0.077% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,507.5 | −0.737% | $4.8M | $1.3M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,511.5 | −0.471% | $144K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,512.8 | −0.388% | $2.9M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,518.4 | −0.017% | $794.2M | $432.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,517.2 | −0.096% | $14.8M | $29.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,517.5 | −0.074% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,517.4 | −0.082% | $704.0M | $2.23B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,517.9 | −0.049% | $277.2M | $614.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,518.5 | −0.012% | $181.7M | $1.30B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,502.6 | −1.058% | $411K | $488K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,479.3 | −2.593% | $894K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,518.2 | −0.031% | $54.8M | $177.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,518.1 | −0.038% | $231.3M | $774.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,517.4 | −0.084% | $105.2M | $54.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,518.4 | −0.018% | $167.9M | $276.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,518.3 | −0.026% | — | $114.4M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,494.7 | −1.579% | $48.9M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,492.9 | −1.693% | $562K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,505.9 | −0.838% | $3.1M | $462K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,502.9 | −1.041% | $416K | $928K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,506.4 | −0.809% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,512.5 | −0.406% | $372K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,512.3 | −0.421% | $166K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,513.9 | −0.313% | $462K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,516.5 | −0.144% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,515 | −0.238% | $250K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,513.8 | −0.321% | $2.6M | $19.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,514.1 | −0.298% | $4.0M | $4.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,516.8 | −0.121% | $63K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,520 | +0.085% | $14K | $847K | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0103% / S −0.0075% | 1h | 1,513.9 | −0.316% | $404K | — | 100x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,518.4 | −0.019% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,515.2 | −0.228% | $46K | $153K | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0142% | 1h | 1,515.3 | −0.224% | $18.5M | $46.0M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,519.2 | +0.037% | $950K | $1.1M | 10x | as long as short |
| Lighter RH ZEClong | +0.0168% | 1h | 1,518.7 | long leg | $2.1M | $7.3M | 10x | |
| Lighter ZEC | +0.0224% | 1h | 1,518.3 | −0.023% | $19.9M | $45.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0451% | 1h | 1,515.8 | −0.191% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,517 | −0.109% | $3.7M | $9.9M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,518.7 | +0.001% | $610K | $8.4M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0559% | 1h | 1,516.4 | −0.148% | $720K | $1.4M | 25x | as long as short |
| Aftermath Perps ZECUSD | +0.0626% | 1h | 1,494.4 | −1.599% | $51K | $60K | 10x | as long as short |
Popdex ZECUSDT
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
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
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
GMX ZEC/USD [WBTC.b-USDC]
Extended ZEC-USD
Aevo ZEC-PERP
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Aftermath Perps ZECUSD