Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.047%
Price spread now: MEXC against Lighter RH−0.081%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$50.047% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now −0.081%, 7d avg −0.070%
=Together, before fees−0.252%+ Points / potential airdropLighter RH: Points live · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,497.3 | 0.0168 | pay 0.0021% / 1h | 53m 15s | $2.1M | $7.3M | 10x |
| Short | MEXC ZEC_USDT | 1,496 | 0.0100 | get 0.0100% / 8h | 53m 15s | $248.2M | $786.9M | 150x |
Lighter RH ZEC
MEXC ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$14.28
- Price spread: −0.081% → −0.070%
- −$1.16
- Slippage, 4 orders
- −$4.7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$20.14
- Costs to cover
- 0.047%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; MEXC: live order book, 1 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 | 1.34 bp | 3.2 bp −$3 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.03 bp | 0.0 bp $0 | 0.1 bp −$1 | 33.0 bp −$3,302 | 76.9 bp −$38.5K |
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 | −0.3442% | 1h | 1,491.5 | −0.383% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,495.1 | −0.145% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0135% | 8h | 1,496.1 | −0.080% | $31.0M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,492.6 | −0.314% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0041% | 1h | 1,492.4 | −0.325% | $47K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,494.1 | −0.214% | $415K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,495.3 | −0.133% | $1.5M | $4.7M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,495.6 | −0.110% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,496.3 | −0.066% | $18.2M | $46.6M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0033% | 1h | 1,489.2 | −0.538% | $406K | $552K | 5x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.PShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0082% | 8h | 1,495.2 | −0.140% | $301K | $1.1M | 20x | as long as short |
| Bulk ZEC-USD | +0.0085% | 1h | 1,492.9 | −0.289% | $902K | $7K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0088% | 1h | 1,496 | −0.081% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,489.6 | −0.513% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,495.6 | −0.108% | $171K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,495.6 | −0.113% | $14K | $886K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,495.5 | −0.120% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,495.5 | −0.114% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,495.9 | −0.090% | $780.7M | $441.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,495.2 | −0.137% | $14.0M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,495.3 | −0.133% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,496 | −0.081% | $698.4M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,495.1 | −0.143% | $268.0M | $628.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,495.1 | −0.142% | $182.0M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,495.3 | −0.128% | $55.2M | $181.7M | 75x | as long as short |
| MEXC ZEC_USDTshort | +0.0100% | 8h | 1,496 | −0.081% | $248.2M | $786.9M | 150x | |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,495 | −0.150% | $103.0M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,495.4 | −0.123% | $161.2M | $290.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,495.9 | −0.094% | — | $118.4M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,490.6 | −0.444% | $48.7M | $35.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,489.3 | −0.530% | $570K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,491.3 | −0.399% | $3.1M | $507K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,488.1 | −0.610% | $410K | $944K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,493.4 | −0.255% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,495.3 | −0.130% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,495.6 | −0.110% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,492.8 | −0.295% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,497.4 | +0.011% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,495.5 | −0.114% | $255K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,495.2 | −0.135% | $2.7M | $20.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,496.1 | −0.074% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,495.4 | −0.122% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,495.4 | −0.127% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,495.8 | −0.098% | $942K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0132% | 1h | 1,496.2 | −0.070% | $683K | $1.4M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0154% / S −0.0170% | 1h | 1,495.5 | −0.118% | $446K | — | 100x | as long as short |
| Lighter RH ZEClong | +0.0168% | 1h | 1,497.3 | long leg | $2.1M | $7.3M | 10x | |
| Lighter ZEC | +0.0304% | 1h | 1,497.4 | +0.008% | $19.7M | $44.8M | 20x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,496.4 | −0.057% | $615K | $8.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,496.8 | −0.033% | $3.7M | $10.2M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0461% | 1h | 1,494.2 | −0.204% | $2.3M | $3.9M | 15x | as long as short |
Orderly PERP_ZEC_USDC
Bulk ZEC-USD
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate 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
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP