Funding you earn now, next payment 06:00 UTC+0.0092%/8h= +10.0% APRpaid last 24h +0.037%
Price spread now: Lighter RH against Paradex+0.067%7-day average — · you sell dearer than you buy
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 airdropParadex: Active · Lighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.067% dearer against Paradex than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ZEC-USD-PERP | 1,507.2 | 0.0100 | pay 0.0100% / 8h | 2h 12m | $62K | $43K | 10x |
| Short | Lighter RH ZEC | 1,508.3 | 0.0192 | get 0.0024% / 1h | 12m 20s | $2.1M | $7.3M | 10x |
Paradex ZEC-USD-PERP
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Paradex. 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
- $19.26
- Price spread: +0.067% → 0.000%
- $6.74
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $22
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter RH: live order book, 1 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 1 min ago | 1.26 bp | 2.3 bp −$2 | 5.0 bp −$50 | doesn't fit | doesn't fit |
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 | −0.3243% | 1h | 1,488.7 | −1.232% | $34K | $273K | 12x | as long as short |
| Bulk ZEC-USD | −0.0279% | 1h | 1,512.6 | +0.357% | $914K | $15K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0138% | 8h | 1,507.1 | −0.011% | $30.1M | $74.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,512.8 | +0.366% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,506.2 | −0.068% | $419K | $36K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,509.9 | +0.176% | $1.7M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,505.4 | −0.120% | $86K | $239K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,507.2 | 0.000% | $714K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,505.2 | −0.136% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0066% | 8h | 1,505.1 | −0.140% | $313K | $1.0M | 20x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,506.5 | −0.049% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,512.3 | +0.335% | $4.8M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,505.4 | −0.124% | $148K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,506.7 | −0.033% | $2.9M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,506.6 | −0.042% | $787.4M | $435.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,505.1 | −0.140% | $14.6M | $29.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,506.8 | −0.027% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,505.4 | −0.124% | $699.7M | $2.25B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,505 | −0.151% | $276.6M | $619.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,504.9 | −0.158% | $182.8M | $1.30B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,504.3 | −0.195% | $411K | $489K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,505.2 | −0.138% | $54.4M | $180.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,505.3 | −0.129% | $226.3M | $779.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,505.8 | −0.095% | $103.5M | $55.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,505.5 | −0.113% | $162.3M | $282.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,504.8 | −0.159% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,519.3 | +0.799% | $49.5M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,512.8 | +0.367% | $578K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,512.5 | +0.350% | $3.1M | $475K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,512.4 | +0.345% | $419K | $929K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,510.9 | +0.246% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,505 | −0.148% | $367K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,505.6 | −0.108% | $166K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,504.2 | −0.198% | $459K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,509.1 | +0.124% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,506.4 | −0.053% | $249K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,505.4 | −0.123% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,507.5 | +0.015% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERPlong | +0.0100% | 8h | 1,507.2 | long leg | $62K | $43K | 10x | |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,505.7 | −0.103% | $14K | $847K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,506.1 | −0.075% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,505.5 | −0.115% | $46K | $150K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0105% / S −0.0078% | 1h | 1,505.1 | −0.143% | $404K | — | 100x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0143% | 1h | 1,506.5 | −0.049% | $18.4M | $45.9M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,506.1 | −0.072% | $941K | $1.1M | 10x | as long as short |
| Lighter RH ZECshort | +0.0192% | 1h | 1,508.3 | +0.067% | $2.1M | $7.3M | 10x | |
| Lighter ZEC | +0.0224% | 1h | 1,508.1 | +0.056% | $19.6M | $45.6M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0434% | 1h | 1,506.2 | −0.068% | $2.3M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,507.8 | +0.034% | $3.7M | $9.9M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,506.3 | −0.063% | $613K | $8.5M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0510% | 1h | 1,504.3 | −0.192% | $51K | $61K | 10x | as long as short |
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Nado ZEC-PERP
Hyperliquid ZEC
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-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
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD