Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.037%
Price spread now: Lighter RH against Pacifica+0.083%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs+$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.205% of the position
Funding, last 7 days+0.491%+$49 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.083%, 7d avg +0.079%
=Together, before fees+0.440%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZEC | 1,504 | 0.0100 | pay 0.0013% / 1h | 42m 37s | $1.7M | $2.4M | 10x |
| Short | Lighter RH ZEC | 1,505.3 | 0.0144 | get 0.0018% / 1h | 42m 37s | $2.1M | $7.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Pacifica. 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
- $9.24
- Price spread: +0.083% → +0.079%
- $0.38
- Slippage, 4 orders
- −$12.49
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$10.87
- Costs to cover
- 0.205%
- Break-even
- 15.2 days
Slippage from Pacifica: live order book, 1 min ago; Lighter RH: live order book, 6 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 Pacifica live order book, 1 min ago | 1.50 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 0.77 bp | 0.8 bp −$1 | 2.6 bp −$26 | 324.2 bp −$32.4K | 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 | 1,495.7 | −0.553% | $37K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,504.1 | +0.004% | $62K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0174% | 8h | 1,505.7 | +0.115% | $31.0M | $75.9M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,502.2 | −0.117% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0060% | 1h | 1,499.4 | −0.306% | $48K | $59K | 10x | as long as short |
| Bulk ZEC-USD | −0.0053% | 1h | 1,497 | −0.464% | $904K | $2K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,504.2 | +0.011% | $418K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,505.2 | +0.078% | $1.5M | $4.4M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,504.1 | +0.004% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,505.3 | +0.084% | $18.1M | $46.7M | 25x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | +0.0012% | 1h | 1,505 | +0.066% | $687K | $1.4M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,503.6 | −0.024% | $303K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,502.4 | −0.105% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,505 | +0.066% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,505.4 | +0.096% | $14K | $878K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,503.7 | −0.021% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,505.4 | +0.092% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,505 | +0.066% | $786.6M | $445.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,503.4 | −0.043% | $14.1M | $31.1M | 75x | as long as short |
| Pacifica ZEClong | +0.0100% | 1h | 1,504 | long leg | $1.7M | $2.4M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,503.8 | −0.014% | $702.7M | $2.31B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,503.3 | −0.048% | $270.8M | $624.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,503.7 | −0.023% | $183.3M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,502.8 | −0.080% | $410K | $563K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,503.9 | −0.008% | $56.2M | $183.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,503.8 | −0.014% | $240.9M | $792.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,503.9 | −0.005% | $103.6M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,503.8 | −0.014% | $162.4M | $289.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,503.6 | −0.025% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,501.5 | −0.166% | $49.0M | $34.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,499.2 | −0.318% | $574K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,500.8 | −0.210% | $3.1M | $507K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,499.8 | −0.281% | $413K | $945K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,503.3 | −0.045% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,504.5 | +0.033% | $360K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,503.9 | −0.009% | $165K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,503 | −0.067% | $459K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,506.1 | +0.137% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,504.6 | +0.036% | $256K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,503.8 | −0.014% | $2.7M | $20.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,505.4 | +0.091% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,504.4 | +0.026% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,503.7 | −0.017% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,505.5 | +0.097% | $8K | $6K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,505.2 | +0.076% | $946K | $1.1M | 10x | as long as short |
| Lighter RH ZECshort | +0.0144% | 1h | 1,505.3 | +0.083% | $2.1M | $7.4M | 10x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0160% / S −0.0195% | 1h | 1,503.9 | −0.010% | $438K | — | 100x | as long as short |
| Lighter ZEC | +0.0224% | 1h | 1,505.2 | +0.082% | $19.8M | $45.2M | 20x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,504.7 | +0.045% | $606K | $8.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,506 | +0.133% | $3.7M | $10.2M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0531% | 1h | 1,506 | +0.129% | $2.4M | $3.9M | 15x | as long as short |
Pacifica ZEC
Lighter RH ZEC
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Bulk ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Binance ZECUSDT
Bybit 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
01 Exchange ZECUSD
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP