Funding you earn now, next payment 01:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.037%
Price spread now: Lighter against SoDEX+0.064%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$100.099% of the position
Funding, last 3 days (all we have)+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)−0.393%−$39 · spread now +0.064%, 7d avg +0.059%
=Together, before fees−0.204%+ Points / potential airdropLighter: Season 3 · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ZEC-USD | 1,473.9 | 0.0100 | pay 0.0013% / 1h | 6m 58s | $243K | $3.9M | 10x |
| Short | Lighter ZEC | 1,474.8 | 0.0232 | get 0.0029% / 1h | 6m 58s | $19.2M | $50.6M | 20x |
SoDEX ZEC-USD
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- $27.72
- Price spread: +0.064% → +0.059%
- $0.52
- Slippage, 4 orders
- −$1.91
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $18.33
- Costs to cover
- 0.099%
- Break-even
- 2.4 days
Slippage from SoDEX: live order book, 2 min ago; Lighter: live order book, 7 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 SoDEX live order book, 2 min ago | 0.03 bp | 5.0 bp −$5 | 17.3 bp −$173 | 101.9 bp −$10.2K | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.10 bp | 0.1 bp $0 | 1.4 bp −$14 | 7.3 bp −$732 | 63.4 bp −$31.7K |
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 | −0.3321% | 1h | 1,471.6 | −0.155% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,473.9 | +0.006% | $18.0M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0118% | 1h | 1,467.7 | −0.417% | $398K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0116% | 8h | 1,472.9 | −0.062% | $29.7M | $72.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.9 | −0.202% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0021% | 8h | 1,466.4 | −0.508% | $47.6M | $33.6M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,470.2 | −0.250% | $414K | $103K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,471 | −0.195% | $8K | $9K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,473 | −0.058% | $960K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471.9 | −0.132% | $84K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,473.7 | −0.012% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0021% | 8h | 1,474.2 | +0.024% | $294K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,470 | −0.262% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,473.6 | −0.016% | $379K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0066% | 8h | 1,472.7 | −0.080% | $181.7M | $1.29B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.1 | −0.122% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,471.2 | −0.180% | $12K | $847K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.7 | −0.210% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.1 | −0.053% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.6 | −0.017% | $767.3M | $451.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.8 | −0.073% | $14.9M | $31.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,470.9 | −0.198% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,473.2 | −0.042% | $684.8M | $2.35B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,472.5 | −0.094% | $273.5M | $628.9M | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,472.2 | −0.112% | $692K | $8.6M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,467.8 | −0.410% | $893K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,472.8 | −0.073% | $50.4M | $182.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.3 | −0.103% | $218.2M | $831.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.7 | −0.075% | $104.3M | $55.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472 | −0.126% | $163.8M | $289.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,473 | −0.055% | — | $100.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.5 | −0.366% | $572K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,469.6 | −0.288% | $3.0M | $450K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.7 | −0.280% | $427K | $880K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.4 | −0.237% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,473.1 | −0.051% | $341K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,473.3 | −0.038% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,472.7 | −0.075% | $459K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.1 | +0.018% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USDlong | +0.0100% | 1h | 1,473.9 | long leg | $243K | $3.9M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,472.5 | −0.089% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,473.7 | −0.010% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.8 | −0.137% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,473.8 | −0.001% | $55K | $161K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,471.8 | −0.137% | $854K | $1.0M | 10x | as long as short |
| Lighter ZECshort | +0.0232% | 1h | 1,474.8 | +0.064% | $19.2M | $50.6M | 20x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0409% | 1h | 1,475.1 | +0.085% | $607K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,476.4 | +0.173% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0515% | 1h | 1,473.6 | −0.019% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0704% | 1h | 1,475.3 | +0.095% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0754% | 1h | 1,469.5 | −0.297% | $43K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD