Funding you earn now, next payment 06:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.037%
Price spread now: Polymarket Perps against Lighter RH−0.154%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$180.181% of the position
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.154%, 7d avg −0.089%
=Together, before fees−0.294%+ Points / potential airdropLighter RH: Points live · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.065% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,500.8 | 0.0216 | pay 0.0027% / 1h | 5m 52s | $2.1M | $7.3M | 10x |
| Short | Polymarket Perps ZEC-USD | 1,498.5 | 0.0100 | get 0.0013% / 1h | 5m 52s | $363K | $1.7M | 10x |
Lighter RH ZEC
Polymarket Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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
- −$24.36
- Price spread: −0.154% → −0.089%
- −$6.51
- Slippage, 4 orders
- −$10.07
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$48.94
- Costs to cover
- 0.181%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Polymarket Perps: live order book, 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, 3 min ago | 1.57 bp | 1.6 bp −$2 | 3.6 bp −$36 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.67 bp | 6.7 bp −$7 | 9.1 bp −$91 | 29.9 bp −$2,994 | 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 | −0.3243% | 1h | 1,491.6 | −0.614% | $34K | $273K | 12x | as long as short |
| Bulk ZEC-USD | −0.0279% | 1h | 1,512.6 | +0.786% | $914K | $15K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0124% | 8h | 1,499.5 | −0.086% | $30.6M | $74.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,498.3 | −0.171% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,498.3 | −0.169% | $416K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,499.6 | −0.077% | $1.7M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,497.8 | −0.199% | $86K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,498.9 | −0.129% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0069% | 8h | 1,499.1 | −0.115% | $301K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0088% | 1h | 1,499.2 | −0.110% | $8K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,496.7 | −0.275% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,498.8 | −0.137% | $152K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,498.8 | −0.131% | $2.8M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,500.2 | −0.041% | $782.5M | $437.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,498.9 | −0.129% | $14.3M | $29.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,498.8 | −0.132% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,499 | −0.122% | $696.2M | $2.27B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,498.7 | −0.144% | $274.7M | $621.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,498.7 | −0.138% | $181.2M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,495.9 | −0.327% | $407K | $481K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,498.9 | −0.130% | $54.0M | $182.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,499.1 | −0.117% | $226.2M | $783.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,499.6 | −0.083% | $103.1M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,499 | −0.124% | $161.7M | $284.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,498.2 | −0.177% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,498.3 | −0.164% | $49.0M | $33.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,505.7 | +0.326% | $575K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,505.4 | +0.303% | $3.1M | $475K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.8 | +0.266% | $417K | $929K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,497 | −0.253% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USDshort | +0.0100% | 1h | 1,498.5 | −0.154% | $363K | $1.7M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,498.9 | −0.130% | $165K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,498.1 | −0.178% | $457K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,500.7 | −0.006% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,499.2 | −0.106% | $248K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,498.8 | −0.136% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,499.2 | −0.105% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,498.6 | −0.145% | $62K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,498.5 | −0.155% | $13K | $856K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,498.7 | −0.141% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,498.6 | −0.148% | $46K | $149K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0108% / S −0.0083% | 1h | 1,498.6 | −0.145% | $405K | — | 100x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0143% | 1h | 1,499.2 | −0.105% | $18.2M | $46.1M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,498.7 | −0.144% | $935K | $1.2M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0189% | 1h | 1,499.9 | −0.063% | $710K | $1.4M | 25x | as long as short |
| Lighter RH ZEClong | +0.0216% | 1h | 1,500.8 | long leg | $2.1M | $7.3M | 10x | |
| Lighter ZEC | +0.0224% | 1h | 1,500.9 | +0.007% | $19.7M | $45.9M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0369% | 1h | 1,499.9 | −0.063% | $2.3M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0432% | 1h | 1,500.6 | −0.014% | $50K | $61K | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,501.7 | +0.062% | $3.7M | $9.9M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,499.6 | −0.079% | $619K | $8.5M | 10x | as long as short |
Phoenix ZEC
Popdex ZECUSDT
Nado ZEC-PERP
Hyperliquid ZEC
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-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX 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
GMX ZEC/USD [WBTC.b-USDC]
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD