Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.03 per $10,000 · paid last 24h −0.063%
Price spread now: Ondo Perps against Lighter RH−0.504%7-day average −0.131% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.382%+$38 · spread now −0.504%, 7d avg −0.131%
=Together, before fees+0.292%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.373% cheaper against Lighter RH than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.131%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,515 | 0.0096 | pay 0.0012% / 1h | 10m 14s | $2.1M | $7.6M | 10x |
| Short | Ondo Perps ZEC-USD.P | 1,507.4 | 0.0068 | get 0.0008% / 1h | 10m 14s | $412K | $559K | 5x |
Lighter RH ZEC
Ondo Perps ZEC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$5.88
- Price spread: −0.504% → −0.131%
- −$37.34
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$48.22
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 3 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 RH live order book, 3 min ago | 1.39 bp | 2.3 bp −$2 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| 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 | −0.3442% | 1h | 1,490.6 | −1.612% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,514.5 | −0.033% | $62K | $303K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0177% | 8h | 1,508.9 | −0.403% | $31.0M | $76.4M | 75x | as long as short |
| Bulk ZEC-USD | −0.0108% | 1h | 1,495.7 | −1.276% | $810K | $100K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0091% | 1h | 1,506.1 | −0.590% | $48K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,508.9 | −0.405% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,508.6 | −0.425% | $419K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,512.1 | −0.191% | $1.6M | $4.5M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,515.7 | +0.041% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0011% | 1h | 1,514.6 | −0.027% | $18.2M | $47.5M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Bulk ZEC-USD
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | +0.0035% | 1h | 1,515.4 | +0.022% | $692K | $1.4M | 25x | as long as short |
| Ondo Perps ZEC-USD.Pshort | +0.0068% | 1h | 1,507.4 | −0.504% | $412K | $559K | 5x | |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,509.1 | −0.395% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,514.3 | −0.051% | $305K | $864K | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,508.1 | −0.457% | $4.8M | $1.4M | 10x | as long as short |
| Lighter RH ZEClong | +0.0096% | 1h | 1,515 | long leg | $2.1M | $7.6M | 10x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,508.8 | −0.412% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,508.6 | −0.427% | $14K | $892K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,508.6 | −0.425% | $62K | $19K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,516 | +0.063% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,514.4 | −0.042% | $793.0M | $444.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,513.4 | −0.105% | $14.2M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.2 | −0.385% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,514.1 | −0.063% | $708.2M | $2.31B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,513.4 | −0.106% | $274.6M | $621.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,513.7 | −0.091% | $184.4M | $1.37B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,513.7 | −0.087% | $59.2M | $187.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,513.9 | −0.077% | $239.4M | $809.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,515.8 | +0.048% | $104.1M | $56.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,513.8 | −0.081% | $164.0M | $290.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,513.1 | −0.129% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,508.2 | −0.451% | $49.7M | $34.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,504.8 | −0.679% | $576K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508.8 | −0.410% | $3.1M | $519K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,507.8 | −0.480% | $415K | $947K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,509.6 | −0.360% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,509.3 | −0.379% | $363K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,515.9 | +0.056% | $169K | $189K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,513.7 | −0.088% | $462K | $438K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,511.2 | −0.252% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,514.2 | −0.056% | $256K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,513.5 | −0.099% | $2.7M | $20.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,514.5 | −0.034% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,514.2 | −0.058% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,514.5 | −0.034% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,509.2 | −0.389% | $950K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0148% / S −0.0146% | 1h | 1,516.1 | +0.072% | $335K | — | 100x | as long as short |
| Lighter ZEC | +0.0176% | 1h | 1,515 | −0.001% | $19.8M | $46.7M | 20x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,509.2 | −0.385% | $608K | $8.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,516 | +0.063% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0488% | 1h | 1,514.6 | −0.028% | $2.4M | $3.7M | 15x | as long as short |
Deribit ZEC_USDC-PERPETUAL
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
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
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
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP