Funding you earn now, next payment 21:00 UTC−0.0350%/8h= −38.4% APRnext payment −$0.44 per $10,000 · paid last 24h −0.157%
Price spread now: ApeX Omni against Lighter−0.247%7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days−1.420%−$142 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.247%, 7d avg −0.206%
=Together, before fees−1.376%+ Points / potential airdropLighter: Season 3 · farm board−$138 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and ApeX Omni is 0.042% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.206%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,482.5 | 0.0304 | pay 0.0038% / 1h | 31m 07s | $19.6M | $54.2M | 20x |
| Short | ApeX Omni ZECUSDT | 1,478.8 | −0.0046 | pay 0.0006% / 1h | 31m 07s | $735K | $604K | 50x |
Lighter ZEC
ApeX Omni ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- −$73.55
- Price spread: −0.247% → −0.206%
- −$4.16
- Slippage, 4 orders
- −$31.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$118.77
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; ApeX Omni: live order book, 18 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 Lighter live order book, 3 min ago | 0.92 bp | 2.5 bp −$2 | 3.5 bp −$35 | 9.3 bp −$931 | 69.1 bp −$34.6K |
| Sell ApeX Omni live order book, 18 min ago | 13.01 bp | 18.6 bp −$19 | 47.5 bp −$475 | doesn't fit | doesn't fit |
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 | −0.3181% | 1h | 1,480.9 | −0.108% | $34K | $159K | 12x | as long as short |
| Variational Omni ZEC | −0.0090% | 8h | 1,479.3 | −0.213% | $47.8M | $30.5M | — | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,480.6 | −0.127% | $6K | $2K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0078% | 8h | 1,481.1 | −0.089% | $29.6M | $78.1M | 75x | as long as short |
| Bybit ZECUSDT | −0.0064% | 8h | 1,480.7 | −0.120% | $277.8M | $690.3M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0052% | 1h | 1,480.7 | −0.121% | $18.1M | $44.9M | 25x | as long as short |
| ApeX Omni ZECUSDTshort | −0.0046% | 1h | 1,478.8 | −0.247% | $735K | $604K | 50x | |
| Orderly PERP_ZEC_USDC | −0.0006% | 8h | 1,480.5 | −0.131% | $288K | $1.5M | 20x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,479.9 | −0.173% | $417K | $107K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,480.6 | −0.124% | $990K | $5.4M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Variational Omni ZEC
Hotstuff ZEC-PERP
BloFin ZEC-USDT
Bybit ZECUSDT
Kraken Futures PF_ZECUSD
Orderly PERP_ZEC_USDC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,479.7 | −0.187% | $84K | $416K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,480.4 | −0.138% | $5.2M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0016% | 8h | 1,481.6 | −0.061% | $178.2M | $1.41B | 50x | as long as short |
| Aster ZECUSDT | +0.0041% | 8h | 1,480.2 | −0.155% | $15.3M | $34.7M | 75x | as long as short |
| Phoenix ZEC | +0.0045% | 1h | 1,481.5 | −0.067% | $4.7M | $1.5M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0058% / S +0.0052% | 1h | 1,480.3 | −0.147% | $580K | — | 100x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0068% | 1h | 1,476.3 | −0.415% | $401K | $538K | 5x | as long as short |
| Gate ZEC_USDT | +0.0068% | 8h | 1,481.3 | −0.078% | $51.2M | $185.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0068% | 8h | 1,480.8 | −0.109% | $234.3M | $929.0M | 150x | as long as short |
| Binance ZECUSDT | +0.0069% | 8h | 1,481.1 | −0.089% | $679.0M | $2.57B | 75x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0072% | 1h | 1,481.1 | −0.093% | $590K | $1.4M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0088% | 1h | 1,480.9 | −0.107% | $9K | $7K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0093% | 8h | 1,480.6 | −0.125% | $12K | $886K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,479.5 | −0.198% | $174K | $2.0M | 50x | as long as short |
| Aevo ZEC-PERP | +0.0096% | 1h | 1,480.4 | −0.140% | $37K | $362K | 20x | as long as short |
| Polymarket Perps ZEC-USD | +0.0098% | 1h | 1,479.6 | −0.193% | $307K | $2.4M | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,479.9 | −0.171% | $61K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,480.3 | −0.144% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,482.6 | +0.010% | $773.5M | $510.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,480.2 | −0.151% | $1.7M | $3.2M | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,480 | −0.165% | $104.4M | $58.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,481.5 | −0.066% | $172.9M | $318.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,481.4 | −0.070% | — | $113.2M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,482.1 | −0.024% | $2.4M | $3.9M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,478.2 | −0.288% | $496K | $10.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,481.1 | −0.092% | $3.0M | $514K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,478.8 | −0.249% | $111K | $4.8M | 30x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,480.2 | −0.154% | $130K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,478.9 | −0.240% | $450K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,484 | +0.101% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,480.4 | −0.142% | $225K | $4.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,481.1 | −0.090% | $2.4M | $26.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,480.5 | −0.136% | $3.8M | $5.8M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,481.7 | −0.051% | $914K | $30K | 10x | as long as short |
| RISEx ZEC/USDC | +0.0138% | 1h | 1,480.6 | −0.126% | $872K | $2.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0184% | 1h | 1,482.1 | −0.023% | $1.6M | $7.5M | 10x | as long as short |
| Lighter ZEClong | +0.0304% | 1h | 1,482.5 | long leg | $19.6M | $54.2M | 20x | |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,482.3 | −0.011% | $3.8M | $11.9M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0494% | 1h | 1,478.2 | −0.284% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0538% | 1h | 1,481.8 | −0.042% | $714K | $7.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0664% | 1h | 1,480.5 | −0.134% | $3.9M | $5.2M | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
Aster ZECUSDT
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
Binance ZECUSDT
Deribit ZEC_USDC-PERPETUAL
01 Exchange ZECUSD
Katana Perps ZEC-USD
Popdex ZECUSDT
Aevo ZEC-PERP
Polymarket Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Extended ZEC-USD