Funding you earn now, next payment 05:00 UTC−0.0122%/8h= −13.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.064%
Price spread now: gTrade (Gains Network) against Lighter RH−0.168%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2742.737% of the position
Funding, last 3 days (all we have)−0.147%−$15 on $10k
+Price spread, last 7 days+0.201%+$20 · spread now −0.168%, 7d avg −0.073%
=Together, before fees+0.054%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.096% cheaper against Lighter RH than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,466.4 | 0.0128 | pay 0.0016% / 1h | 6m 29s | $2.1M | $7.1M | 10x |
| Short | gTrade (Gains Network) ZEC/USD | 1,463.9 | L +0.0007% / S −0.0006% | get 0.0001% / 1h | 6m 29s | $5.2M | — | 150x |
Lighter RH ZEC
gTrade (Gains Network) ZEC/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$25.55
- Price spread: −0.168% → −0.073%
- −$9.59
- Slippage, 4 orders
- −$263.66
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$308.8
- Costs to cover
- 2.737%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 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, 2 min ago | 0.99 bp | 2.6 bp −$3 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.05 bp | 135.1 bp −$135 | 584.7 bp −$5,847 | 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 | −0.3042% | 1h | 1,447 | −1.320% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,464.7 | −0.115% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,464 | −0.160% | $29.6M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,464.8 | −0.106% | $407K | $37K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.2 | −0.218% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USDshort | L +0.0007% / S −0.0006% | 1h | 1,463.9 | −0.168% | $5.2M | — | 150x | |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,464.3 | −0.140% | $293K | $900K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0068% | 1h | 1,462.1 | −0.290% | $397K | $436K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0076% | 1h | 1,464.6 | −0.121% | $616K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0089% / S −0.0040% | 1h | 1,463.6 | −0.187% | $437K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
Orderly PERP_ZEC_USDC
Ondo Perps ZEC-USD.P
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,465.1 | −0.086% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,466 | −0.026% | $14K | $801K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,465 | −0.092% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,465.4 | −0.067% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,464.8 | −0.103% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.2 | −0.078% | $1.7M | $2.3M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,465.1 | −0.086% | $674.3M | $2.16B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,464.6 | −0.121% | $262.4M | $586.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,464.8 | −0.104% | $179.3M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.6 | −0.391% | $882K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,464.8 | −0.108% | $52.4M | $173.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464.9 | −0.102% | $219.6M | $775.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,465 | −0.091% | $103.2M | $53.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,465.3 | −0.073% | $166.4M | $267.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,463.9 | −0.168% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,464.4 | −0.132% | $48.0M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.3 | −0.210% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.7 | −0.179% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463 | −0.226% | $404K | $920K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,464.4 | −0.135% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,465.1 | −0.085% | $359K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.5 | −0.192% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.2 | −0.217% | $447K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.4 | +0.003% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.8 | −0.176% | $234K | $3.1M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.8 | −0.240% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.2 | −0.146% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464.8 | −0.108% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.8 | −0.174% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,464.7 | −0.110% | $4.7M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,465.3 | −0.072% | $8K | $7K | 5x | as long as short |
| Lighter RH ZEClong | +0.0128% | 1h | 1,466.4 | long leg | $2.1M | $7.1M | 10x | |
| Hyperliquid ZEC | +0.0149% | 1h | 1,466.3 | −0.003% | $764.1M | $419.4M | 10x | as long as short |
| Kalshi KXZECPERP | +0.0153% | 8h | 1,464.9 | −0.101% | $1.5M | $4.4M | 2.2x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,466.3 | −0.005% | $19.3M | $45.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,464.9 | −0.096% | $926K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0307% | 1h | 1,464.7 | −0.115% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,463.9 | −0.165% | $18.0M | $45.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,466 | −0.021% | $674K | $8.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,465.7 | −0.048% | $3.8M | $8.9M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0683% | 1h | 1,463.8 | −0.176% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
01 Exchange ZECUSD
Hyperliquid ZEC
Kalshi KXZECPERP
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD