Funding you earn now, next payment 07:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.27 per $10,000 · paid last 24h −0.038%
Price spread now: Ondo Perps against Lighter−0.416%7-day average −0.124% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.222%−$22 on $10k
+Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.416%, 7d avg −0.124%
=Together, before fees+0.098%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.292% cheaper against Lighter than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.124%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,488.4 | 0.0312 | pay 0.0039% / 1h | 22m 57s | $19.6M | $46.0M | 20x |
| Short | Ondo Perps ZEC-USD.P | 1,482.2 | 0.0100 | get 0.0013% / 1h | 22m 57s | $403K | $511K | 5x |
Lighter ZEC
Ondo Perps ZEC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.52
- Price spread: −0.416% → −0.124%
- −$29.15
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$78.67
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; Ondo 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 6 min ago | 1.09 bp | 1.8 bp −$2 | 2.8 bp −$28 | 14.0 bp −$1,398 | 70.5 bp −$35.3K |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3684% | 1h | 1,461.9 | −1.780% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0166% | 1h | 1,477.1 | −0.758% | $892K | $9K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0144% | 8h | 1,486.7 | −0.111% | $30.5M | $74.4M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,487.1 | −0.089% | $18.0M | $46.7M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,485.3 | −0.209% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,485.4 | −0.201% | $413K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,486.5 | −0.127% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,484.6 | −0.252% | $62K | $304K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,486.4 | −0.137% | $5.3M | — | 150x | as long as short |
| Aftermath Perps ZECUSD | +0.0072% | 1h | 1,480.7 | −0.520% | $47K | $64K | 10x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Aftermath Perps ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,486.7 | −0.112% | $299K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,486 | −0.162% | $168K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,485.6 | −0.186% | $11K | $876K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,485.5 | −0.195% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,486.2 | −0.147% | $13.9M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,485.9 | −0.168% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,487 | −0.093% | $692.6M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,487 | −0.095% | $266.0M | $633.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,487.4 | −0.066% | $180.0M | $1.32B | 50x | as long as short |
| Ondo Perps ZEC-USD.Pshort | +0.0100% | 1h | 1,482.2 | −0.416% | $403K | $511K | 5x | |
| Gate ZEC_USDT | +0.0100% | 8h | 1,486.6 | −0.121% | $54.5M | $184.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,486.7 | −0.115% | $244.5M | $786.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,486.6 | −0.117% | $101.8M | $57.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,487.5 | −0.058% | $160.2M | $289.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,486.5 | −0.127% | — | $115.9M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,480.4 | −0.535% | $48.2M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.5 | −0.801% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,477 | −0.767% | $3.0M | $511K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.4 | −0.809% | $406K | $936K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,484.5 | −0.260% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,486 | −0.160% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,486.4 | −0.134% | $163K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −1.007% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,489.2 | +0.053% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,486.8 | −0.108% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,486.1 | −0.157% | $2.6M | $20.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,487.2 | −0.083% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,485.6 | −0.184% | $61K | $43K | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0104% | 1h | 1,487.6 | −0.051% | $2.3M | $3.9M | 15x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,487.5 | −0.062% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,486.6 | −0.118% | $43K | $152K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,485.2 | −0.211% | $929K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,481.2 | −0.483% | $4.7M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,485.4 | −0.200% | $8K | $7K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0148% / S −0.0159% | 1h | 1,486.5 | −0.125% | $481K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0181% | 1h | 1,487.3 | −0.072% | $679K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,486.7 | −0.114% | $636K | $8.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0243% | 1h | 1,487.9 | −0.033% | $772.5M | $441.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0248% | 1h | 1,488.3 | −0.008% | $2.1M | $7.4M | 10x | as long as short |
| Lighter ZEClong | +0.0312% | 1h | 1,488.4 | long leg | $19.6M | $46.0M | 20x | |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,487 | −0.093% | $3.6M | $10.0M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Backpack ZEC_USDC_PERP
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Phoenix ZEC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Arcus ZEC-USD
Hyperliquid ZEC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX