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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 05:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.029%
Price spread now: Lighter against BingX+0.107%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs+$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$140.140% of the position
Long on BingXShort on Lighter
What this pair did over the last
the charts below follow
Funding, last 7 days+0.471%+$47 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.107%, 7d avg +0.070%
Together, before fees+0.433%+ Points / potential airdropLighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.038% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDT1,456.50.0100pay 0.0100% / 8h3h 26m—$105.7M—
ShortLighter ZEC1,4580.0144get 0.0018% / 1h26m 10s$19.2M$45.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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
$9.24
Price spread: +0.107% → +0.070%
$3.75
Slippage, 4 orders
−$3.96
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$0.97
Costs to cover
0.140%
Break-even
7.7 days
Slippage from BingX: live order book, 13 min ago; Lighter: live order book, 13 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 BingX live order book, 13 min ago0.28 bp5.3 bp −$55.4 bp −$5412.5 bp −$1,24724.7 bp −$12.3K
Sell Lighter live order book, 13 min ago0.50 bp0.5 bp $01.5 bp −$1515.0 bp −$1,50078.8 bp −$39.4K

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−0.3042%1h1,457.6+0.080%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.9+0.027%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,456.5+0.003%$29.4M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,456.3−0.010%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,456.6+0.010%$83K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.3−0.014%$5.2M—150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,456.4−0.003%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0084% / S −0.0034%1h1,456.1−0.022%$434K—100xas long as short
Popdex ZECUSDT+0.0096%1h1,456.8+0.026%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,456.6+0.010%$14K$820K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,456.6+0.008%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.6+0.011%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.50.000%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,456.9+0.032%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.7+0.019%$670.4M$2.19B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.1−0.026%$261.0M$599.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.6+0.009%$178.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.052%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,453.9−0.178%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.50.000%$51.4M$171.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.7+0.019%$218.5M$770.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.6+0.006%$102.8M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.9+0.030%$165.7M$269.9M75xas long as short
BingX ZEC-USDTlong+0.0100%8h1,456.5long leg—$105.7M—
Variational Omni ZEC+0.0100%8h1,457+0.038%$47.8M$32.8M—as long as short
edgeX ZECUSDC+0.0100%4h1,456.1−0.025%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5+0.003%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457.4+0.064%$403K$944K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.2−0.018%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.4−0.004%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.3−0.013%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.3−0.077%$444K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.9+0.168%$4K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.5+0.003%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456−0.034%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.8+0.022%$3.8M$4.9M50xas long as short
Lighter RH ZEC+0.0104%1h1,458.1+0.111%$2.1M$7.0M10xas long as short
Extended ZEC-USD+0.0104%1h1,456.3−0.009%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.3−0.014%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,456.9+0.028%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,457.1+0.042%$8K$7K5xas long as short
Lighter ZECshort+0.0144%1h1,458+0.107%$19.2M$45.0M20x
Hyperliquid ZEC+0.0148%1h1,457.8+0.092%$759.0M$426.2M10xas long as short
Kalshi KXZECPERP+0.0160%8h1,457+0.036%$1.5M$4.4M2.2xas long as short
Backpack ZEC_USDC_PERP+0.0174%1h1,457.1+0.047%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0216%1h1,456.6+0.009%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0255%1h1,457.1+0.043%$613K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,456.3−0.010%$18.0M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,458.3+0.127%$697K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458.9+0.168%$3.8M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0672%1h1,456.4−0.007%$45K$49K10xas long as short