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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.026%
Price spread now: Lighter against SunX−0.022%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.161%+$16 on $10k
Price spread, last 3 days (all we have)−0.116%−$12 · spread now −0.022%, 7d avg −0.035%
Together, before fees+0.045%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,467.80.0100pay 0.0100% / 8h7h 15m$3K$1.2M20x
ShortLighter ZEC1,467.50.0224get 0.0028% / 1h15m 36s$19.1M$50.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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
$26.04
Price spread: −0.022% → −0.035%
$1.33
Slippage, 4 orders
−$112.78
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$93.41
Costs to cover
1.208%
Break-even
32.1 days
Slippage from SunX: live order book, 8 min ago; Lighter: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago29.03 bp49.9 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 8 min ago1.00 bp1.7 bp −$22.3 bp −$2317.8 bp −$1,78482.1 bp −$41.1K

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−0.3321%1h1,466.3−0.102%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0344%1h1,465.8−0.138%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,463.3−0.308%$398K$516K5xas long as short
BloFin ZEC-USDT−0.0115%8h1,463.8−0.273%$29.7M$72.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.4−0.236%$6K$2K10xas long as short
Variational Omni ZEC−0.0030%8h1,464.9−0.196%$47.5M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,465.9−0.131%$413K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,465.7−0.142%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,466.9−0.065%$957K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,464.7−0.213%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,465.5−0.160%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0018%8h1,465.4−0.166%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,469.3+0.103%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,465.5−0.157%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,466.4−0.095%$181.2M$1.29B50xas long as short
Bybit ZECUSDT+0.0084%8h1,466.4−0.095%$273.1M$633.4M75xas long as short
Popdex ZECUSDT+0.0096%1h1,465.3−0.172%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467.2−0.045%$15K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.5−0.087%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.8−0.134%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.2−0.042%$761.5M$453.3M10xas long as short
Aster ZECUSDT+0.0100%8h1,466−0.124%$14.9M$31.5M75xas long as short
Pacifica ZEC+0.0100%1h1,466.4−0.095%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.1−0.115%$682.2M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,468.5+0.046%$705K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9−0.132%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.1−0.051%$50.2M$181.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.4−0.097%$228.1M$828.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.8−0.140%$104.0M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.8−0.069%$163.1M$291.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.6−0.153%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.4+0.042%$571K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468+0.013%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.5+0.114%$430K$869K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.7−0.212%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.3−0.172%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,465.4−0.165%$127K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,463.9−0.266%$456K$509K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,467.8long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,465.6−0.151%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,464.4−0.234%$2.5M$20.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,465.9−0.130%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.9−0.061%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465.6−0.148%$54K$164K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0167%1h1,466.5−0.092%$603K$1.3M25xas long as short
Lighter ZECshort+0.0224%1h1,467.5−0.022%$19.1M$50.5M20x
RISEx ZEC/USDC+0.0228%1h1,468.3+0.031%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,467−0.054%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0513%1h1,466.4−0.097%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0744%1h1,468.1+0.022%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0775%1h1,467−0.056%$43K$46K10xas long as short