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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter RH against Extended+0.110%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$160.158% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 7 days−0.067%−$7 · spread now +0.110%, 7d avg +0.105%
Together, before fees+0.072%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,495.40.0104pay 0.0013% / 1h35m 27s$2.8M$7.9M10x
ShortLighter RH ZEC1,497.10.0120get 0.0015% / 1h35m 27s$2.1M$7.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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
$3.36
Price spread: +0.110% → +0.105%
$0.58
Slippage, 4 orders
−$10.76
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$11.82
Costs to cover
0.158%
Break-even
31.6 days
Slippage from Extended: live order book, 4 min ago; Lighter RH: live order book, 3 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 Extended live order book, 4 min ago2.58 bp5.9 bp −$67.7 bp −$7750.5 bp −$5,045doesn't fit
Sell Lighter RH live order book, 3 min ago1.70 bp1.7 bp −$23.9 bp −$39383.4 bp −$38.3Kdoesn't fit

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−0.3442%1h1,504.2+0.584%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,492−0.229%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0153%8h1,495.9+0.029%$30.8M$75.6M75xas long as short
Aftermath Perps ZECUSD−0.0081%1h1,500+0.303%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,495.4−0.002%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,496+0.037%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,497.4+0.134%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,496.6+0.078%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,497.2+0.116%$18.0M$47.2M25xas long as short
Bulk ZEC-USD+0.0021%1h1,505.9+0.699%$910K$2K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0023%1h1,494−0.096%$408K$560K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0066%1h1,497.4+0.130%$684K$1.4M25xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,496.6+0.075%$301K$1.1M20xas long as short
Phoenix ZEC+0.0096%1h1,498.3+0.191%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,494.5−0.063%$175K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,495.1−0.025%$16K$878K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,495.3−0.010%$62K$28K10xas long as short
Nado ZEC-PERP+0.0100%1h1,493.4−0.138%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,495.6+0.011%$781.3M$444.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,494.2−0.082%$14.0M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,495.9+0.030%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,494.7−0.052%$699.6M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,494.1−0.090%$268.5M$623.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,492.2−0.214%$183.7M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,495.2−0.015%$56.0M$183.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,495.4−0.004%$237.0M$796.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,495.8+0.023%$102.9M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,492.7−0.185%$161.2M$290.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,495.3−0.009%$118.3Mas long as short
Variational Omni ZEC+0.0100%8h1,495.9+0.028%$48.8M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,496.6+0.077%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,503.3+0.527%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,495.2−0.015%$412K$947K50xas long as short
StandX ZEC-USD+0.0100%1h1,496+0.034%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,494.2−0.083%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,496.5+0.073%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,495.4−0.004%$457K$489K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,499+0.239%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,496.5+0.072%$253K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,495.6+0.007%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,496.6+0.076%$4.0M$4.9M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,495.4long leg$2.8M$7.9M10x
Aevo ZEC-PERP+0.0104%1h1,496.7+0.087%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,495−0.028%$8K$6K5xas long as short
Lighter RH ZECshort+0.0120%1h1,497.1+0.110%$2.1M$7.4M10x
RISEx ZEC/USDC+0.0128%1h1,495.1−0.025%$941K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0146% / S −0.0154%1h1,496.5+0.073%$360K100xas long as short
Lighter ZEC+0.0200%1h1,497.2+0.116%$19.8M$45.5M20xas long as short
Arcus ZEC-USD+0.0403%1h1,496+0.034%$612K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,497.9+0.166%$3.7M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0552%1h1,496.8+0.092%$2.3M$3.9M15xas long as short