Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.014%
Price spread now: Lighter against Paradex+0.087%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.087% dearer against Paradex than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ZEC-USD-PERP1,511.60.0100pay 0.0100% / 8h7h 56m$62K$19K10x
ShortLighter ZEC1,512.90.0104get 0.0013% / 1h56m 21s$19.6M$44.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Paradex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.91
Price spread: +0.087% → 0.000%
$8.68
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$5.59
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Lighter live order book, 8 min ago0.05 bp0.0 bp $01.1 bp −$117.7 bp −$77359.2 bp −$29.6K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3702%1h1,500.2−0.753%$37K$275K12xas long as short
Bulk ZEC-USD−0.0463%1h1,515.3+0.242%$779K$147K10xas long as short
Perpl ZEC−0.0447%43m1,510.8−0.057%$62K$305K10xas long as short
BloFin ZEC-USDT−0.0164%8h1,513.7+0.138%$31.5M$77.0M75xas long as short
Aftermath Perps ZECUSD−0.0114%1h1,513.8+0.145%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,517.5+0.391%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,512.1+0.034%$420K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,516.9+0.351%$1.6M$5.0M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,514.8+0.211%$692K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,510.1−0.100%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0016%1h1,511.2−0.026%$8K$6K5xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,514.6+0.196%$18.3M$47.8M25xas long as short
Bybit ZECUSDT+0.0052%8h1,509.8−0.120%$271.7M$628.8M75xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,510.3−0.088%$304K$859K20xas long as short
Phoenix ZEC+0.0096%1h1,514.3+0.176%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,513.2+0.107%$2.1M$7.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,511.2−0.031%$176K$1.8M50xas long as short
Paradex ZEC-USD-PERPlong+0.0100%8h1,511.6long leg$62K$19K10x
Katana Perps ZEC-USD+0.0100%8h1,511.5−0.008%$16K$898K10xas long as short
Nado ZEC-PERP+0.0100%1h1,512+0.025%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,511.1−0.034%$790.6M$448.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,509.9−0.113%$14.2M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,512.2+0.035%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,510.3−0.087%$713.5M$2.34B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,510.2−0.094%$182.8M$1.38B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,509.5−0.140%$413K$553K5xas long as short
Arcus ZEC-USD+0.0100%1h1,512.2+0.039%$596K$8.9M10xas long as short
Gate ZEC_USDT+0.0100%8h1,510.3−0.089%$59.8M$182.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,510.7−0.063%$362.2M$817.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,510.9−0.048%$103.2M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,510.7−0.059%$163.0M$294.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,510.4−0.084%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,513.8+0.143%$50.0M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,515.1+0.232%$580K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,515.9+0.284%$3.1M$532K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,515.1+0.228%$417K$949K50xas long as short
StandX ZEC-USD+0.0100%1h1,516+0.293%$51K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,511.2−0.028%$375K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,510.5−0.074%$169K$193K20xas long as short
Derive ZEC-PERP+0.0100%1h1,512.3+0.046%$452K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,517.4+0.380%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,514.1+0.167%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,514.3+0.178%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,514.2+0.172%$4.0M$4.9M50xas long as short
Lighter ZECshort+0.0104%1h1,512.9+0.087%$19.6M$44.0M20x
Extended ZEC-USD+0.0104%1h1,511.5−0.009%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,510.4−0.081%$43K$151K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0152% / S −0.0153%1h1,510.2−0.092%$335K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,511.6−0.004%$964K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,516+0.290%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0538%1h1,513.9+0.150%$2.4M$3.8M15xas long as short