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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0643%/8h= +70.4% APRnext payment +$0.80 per $10,000 · paid last 24h +0.127%
Price spread now: Aftermath Perps against Lighter−0.101%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.101% cheaper against Lighter than usual: you would sell low and buy high (spread −0.101% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 13 hours of funding at the current rate (+$19 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZEC1,4730.0096pay 0.0012% / 1h22m 14s$19.2M$52.5M20x
ShortAftermath Perps ZECUSD1,471.60.0739get 0.0092% / 1h22m 14s$46K$47K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter. 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
$134.99
Price spread: −0.101% → 0.000%
−$10.08
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$115.91
Costs to cover
0.090%
Break-even
1.0 days
Slippage unknown: Lighter: live order book, 7 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 7 min ago0.11 bp0.1 bp $01.9 bp −$197.9 bp −$78760.9 bp −$30.4K
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3089%1h1,468.5−0.311%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0257%1h1,466.3−0.457%$399K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,471.1−0.128%$17.9M$44.4M25xas long as short
Bybit ZECUSDT−0.0116%8h1,470.8−0.152%$274.7M$653.9M75xas long as short
BloFin ZEC-USDT−0.0108%8h1,469.3−0.254%$29.7M$75.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.2−0.190%$6K$2K10xas long as short
Variational Omni ZEC−0.0060%8h1,471.8−0.087%$46.8M$33.9Mas long as short
ApeX Omni ZECUSDT−0.0008%1h1,470.7−0.159%$431K$842K50xas long as short
dYdX ZEC-USD0.0000%1h1,471.4−0.111%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.1−0.134%$959K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,470.6−0.164%$84K$407K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.6−0.100%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,471.2−0.127%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,471.3−0.116%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,470.8−0.154%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,471.4−0.111%$180.8M$1.34B50xas long as short
Gate ZEC_USDT+0.0047%8h1,471.1−0.135%$50.6M$186.9M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471.3−0.116%$372K100xas long as short
Lighter ZEClong+0.0096%1h1,473long leg$19.2M$52.5M20x
Popdex ZECUSDT+0.0096%1h1,471.1−0.134%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,469.6−0.235%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.5−0.172%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.9−0.076%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.1−0.064%$762.9M$472.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.2−0.123%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,471.6−0.100%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.4−0.113%$684.4M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472−0.071%$702K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.223%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.3−0.116%$232.3M$840.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.6−0.101%$103.6M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.7−0.091%$163.3M$301.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470−0.206%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,469.4−0.246%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.2+0.008%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,469−0.271%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.9−0.145%$337K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.9−0.148%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.5−0.240%$458K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.1+0.004%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.2−0.125%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.8−0.155%$2.5M$22.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,471.8−0.083%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.7−0.091%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.3−0.119%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,471.7−0.089%$825K$1.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0172%1h1,472.4−0.046%$614K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0414%1h1,472.6−0.032%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.7+0.045%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0464%1h1,473.7+0.042%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSDshort+0.0739%1h1,471.6−0.101%$46K$47K10x