Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.122%
Price spread now: ApeX Omni against Lighter RH+0.029%108s7-day average −0.202% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days−1.252%−$125 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.029%, 7d avg −0.202%
=Together, before fees−1.303%+ Points / potential airdropLighter RH: Points live · farm board−$130 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.231% dearer against Lighter RH than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.202%): +$23 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 7 days (−1.252% in total) that is about 31 hours. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,483.8 | 0.0280 | pay 0.0035% / 1h | 43m 40s | $2.1M | $7.3M | 10x |
| Short | ApeX Omni ZECUSDT | 1,484.3 | 0.0100 | get 0.0013% / 1h | 43m 40s | $411K | $932K | 50x |
Lighter RH ZEC
ApeX Omni ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter RH. 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
- −$37.8
- Price spread: +0.029% → −0.202%
- $23.12
- Slippage, 4 orders
- −$17.8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$42.48
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; ApeX Omni: live order book, 65 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 RH live order book, 5 min ago | 1.92 bp | 2.9 bp −$3 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 65 min ago | 3.95 bp | 14.0 bp −$14 | 37.2 bp −$372 | 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 | −0.3684% | 1h | 1,484.2 | +0.024% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0118% | 8h | 1,486.7 | +0.191% | $30.8M | $73.9M | 75x | as long as short |
| Bulk ZEC-USD | −0.0097% | 1h | 1,490.7 | +0.460% | $901K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,484.2 | +0.027% | $18.0M | $46.5M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,485.5 | +0.115% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,482.3 | −0.104% | $412K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,485.5 | +0.111% | $1.6M | $4.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,484.3 | +0.032% | $61K | $297K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,484.6 | +0.053% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0074% | 8h | 1,483.5 | −0.022% | $298K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,482.2 | −0.109% | $158K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,485.2 | +0.095% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,482.1 | −0.115% | $13.8M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,482.4 | −0.095% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,482.1 | −0.113% | $690.0M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,482.2 | −0.113% | $269.1M | $624.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,482.5 | −0.092% | $179.4M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,484.2 | +0.026% | $405K | $505K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,482.6 | −0.086% | $54.3M | $180.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,482.4 | −0.099% | $238.2M | $777.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,481.6 | −0.152% | $101.9M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,482.5 | −0.089% | $159.9M | $287.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,482.4 | −0.094% | — | $114.5M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,484.7 | +0.056% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,484.4 | +0.037% | $48.5M | $33.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,484.8 | +0.064% | $568K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,485.5 | +0.113% | $3.0M | $488K | 10x | as long as short |
| ApeX Omni ZECUSDTshort | +0.0100% | 1h | 1,484.3 | +0.029% | $411K | $932K | 50x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,484.7 | +0.060% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,484.1 | +0.019% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,484.7 | +0.056% | $163K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,482.8 | −0.068% | $453K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,486.3 | +0.168% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,484.2 | +0.028% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,483 | −0.055% | $2.6M | $19.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,485.1 | +0.084% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,482.2 | −0.111% | $61K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,482.1 | −0.115% | $11K | $864K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,482.4 | −0.094% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,483.5 | −0.020% | $42K | $152K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,482.8 | −0.072% | $8K | $7K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0124% / S −0.0112% | 1h | 1,484.1 | +0.022% | $430K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,482.5 | −0.090% | $927K | $1.2M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,485 | +0.077% | $4.7M | $1.4M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0151% | 1h | 1,484.7 | +0.057% | $706K | $1.4M | 25x | as long as short |
| Hyperliquid ZEC | +0.0182% | 1h | 1,482.9 | −0.062% | $770.4M | $441.0M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0188% | 1h | 1,485.2 | +0.095% | $48K | $63K | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,484.3 | +0.033% | $622K | $8.6M | 10x | as long as short |
| Lighter ZEC | +0.0272% | 1h | 1,483 | −0.054% | $19.4M | $45.6M | 20x | as long as short |
| Lighter RH ZEClong | +0.0280% | 1h | 1,483.8 | long leg | $2.1M | $7.3M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,486.3 | +0.165% | $3.6M | $9.9M | 50x | as long as short |
Popdex ZECUSDT
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Hyperliquid ZEC
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter ZEC
Coinbase International ZEC-PERP-INTX