Funding you earn now, next payment 01:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.048%
Price spread now: 01 Exchange against Lighter−0.045%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.045% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,476.8 | 0.0096 | pay 0.0012% / 1h | 50m 33s | $19.2M | $50.2M | 20x |
| Short | 01 Exchange ZECUSD | 1,476.1 | 0.0048 | get 0.0006% / 1h | 50m 33s | $8K | $8K | 5x |
Lighter ZEC
01 Exchange ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$10.08
- Price spread: −0.045% → 0.000%
- −$4.46
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$21.54
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 8 min ago; 01 Exchange: 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, 8 min ago | 0.81 bp | 2.4 bp −$2 | 5.4 bp −$54 | 19.5 bp −$1,950 | 78.1 bp −$39.1K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.3321% | 1h | 1,477.8 | +0.073% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,473.6 | −0.211% | $18.0M | $43.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0192% | 1h | 1,474.7 | −0.139% | $400K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0104% | 8h | 1,473.4 | −0.226% | $29.5M | $74.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474.4 | −0.159% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0077% | 8h | 1,474.8 | −0.136% | $275.2M | $646.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0061% | 8h | 1,473.2 | −0.241% | $47.9M | $34.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475.6 | −0.080% | $416K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,474.4 | −0.158% | $960K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,474.4 | −0.162% | $84K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,474.1 | −0.180% | $615K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,473.9 | −0.194% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,473.3 | −0.236% | $294K | $1.4M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,474.9 | −0.123% | $182.2M | $1.33B | 50x | as long as short |
| 01 Exchange ZECUSDshort | +0.0048% | 1h | 1,476.1 | −0.045% | $8K | $8K | 5x | |
| Phoenix ZEC | +0.0054% | 1h | 1,477 | +0.016% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,473.8 | −0.200% | $377K | — | 100x | as long as short |
| Gate ZEC_USDT | +0.0064% | 8h | 1,475.7 | −0.073% | $51.5M | $178.0M | 75x | as long as short |
| Lighter ZEClong | +0.0096% | 1h | 1,476.8 | long leg | $19.2M | $50.2M | 20x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,475.6 | −0.076% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,475.6 | −0.081% | $13K | $850K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,475.6 | −0.079% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476.2 | −0.035% | $2.6M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,476.5 | −0.018% | $765.7M | $459.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,475.5 | −0.089% | $15.0M | $32.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,475.8 | −0.064% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,475.7 | −0.073% | $685.3M | $2.43B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,476.9 | +0.009% | $692K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.8 | −0.407% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,476.1 | −0.043% | $232.5M | $821.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,474.5 | −0.152% | $105.2M | $56.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,475.3 | −0.098% | $164.0M | $298.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,474.6 | −0.146% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,475.8 | −0.063% | $575K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,477.2 | +0.031% | $3.0M | $454K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.5 | −0.016% | $432K | $858K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,474.3 | −0.169% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474.9 | −0.126% | $334K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,473.6 | −0.216% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,471.7 | −0.342% | $459K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,476 | −0.051% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,473.6 | −0.217% | $243K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473 | −0.255% | $2.5M | $22.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,474.3 | −0.167% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,475.9 | −0.056% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471 | −0.387% | $82K | $250K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,476.5 | −0.020% | $844K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,475.9 | −0.062% | $3.8M | $10.5M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0654% | 1h | 1,475 | −0.122% | $2.5M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.0664% | 1h | 1,476.9 | +0.008% | $2.0M | $8.0M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0787% | 1h | 1,475.1 | −0.112% | $46K | $46K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Gate ZEC_USDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD