Funding you earn now, next payment 02:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.024%
Price spread now: RISEx against Lighter RH−0.075%54s7-day average −0.044% · 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—prices read too far apart to compare
costs, in and out, $10k−$120.124% of the position
Funding, last 3 days (all we have)+0.137%+$14 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.075%, 7d avg −0.044%
=Together, before fees+0.214%+ Points / potential airdropLighter RH: Points live · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.030% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.044%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). The two prices were read 54 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 | 1,472.7 | 0.0264 | pay 0.0033% / 1h | 35m 44s | $2.1M | $7.1M | 10x |
| Short | RISEx ZEC/USDC | 1,471.6 | 0.0374 | get 0.0047% / 1h | 35m 44s | $855K | $1.0M | 10x |
Lighter RH ZEC
RISEx ZEC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $23.03
- Price spread: −0.075% → −0.044%
- −$3.03
- Slippage, 4 orders
- −$6.44
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $7.56
- Costs to cover
- 0.124%
- Break-even
- 4.7 days
Slippage from Lighter RH: live order book, 3 min ago; RISEx: 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 | 1.70 bp | 2.1 bp −$2 | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 3 min ago | 1.05 bp | 4.1 bp −$4 | 10.0 bp −$100 | 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 | −0.3678% | 1h | 1,469.7 | −0.206% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,471.3 | −0.094% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0053% | 1h | 1,469.9 | −0.192% | $399K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,471.4 | −0.089% | $18.0M | $43.7M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,470.8 | −0.129% | $414K | $56K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.2 | −0.101% | $971K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,470 | −0.185% | $84K | $261K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,471 | −0.117% | $5.2M | — | 150x | as long as short |
| BloFin ZEC-USDT | +0.0012% | 8h | 1,475.2 | +0.168% | $29.6M | $73.3M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0026% | 8h | 1,470.8 | −0.132% | $294K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
BloFin ZEC-USDT
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEC | +0.0033% | 8h | 1,470.4 | −0.156% | $47.9M | $33.3M | — | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,471.4 | −0.090% | $8K | $9K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,471 | −0.120% | $384K | — | 100x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,466.9 | −0.399% | $4.6M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0090% | 8h | 1,471.6 | −0.075% | $181.3M | $1.28B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471 | −0.119% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,470.3 | −0.165% | $16K | $839K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.8 | −0.130% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,471.2 | −0.104% | $2.5M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472 | −0.050% | $766.0M | $443.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.1 | −0.114% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.8 | −0.065% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.6 | −0.077% | $679.8M | $2.35B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,471.4 | −0.089% | $271.6M | $628.3M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.5 | −0.152% | $893K | $19K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,470.6 | −0.145% | $49.9M | $175.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,470.8 | −0.128% | $215.0M | $796.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470.5 | −0.149% | $103.5M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.2 | −0.104% | $163.3M | $286.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.5 | −0.154% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.3 | −0.233% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.3 | −0.029% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,472 | −0.053% | $428K | $906K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.5 | −0.084% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471.2 | −0.104% | $339K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470.9 | −0.122% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.4 | −0.224% | $457K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.3 | −0.030% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471 | −0.115% | $242K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.2 | −0.173% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,471.6 | −0.077% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.4 | −0.157% | $3.1M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.7 | −0.136% | $48K | $167K | 20x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,472.9 | +0.013% | $19.2M | $48.0M | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,472.2 | −0.039% | $689K | $8.7M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0256% | 1h | 1,471.7 | −0.067% | $605K | $1.3M | 25x | as long as short |
| Lighter RH ZEClong | +0.0264% | 1h | 1,472.7 | long leg | $2.1M | $7.1M | 10x | |
| RISEx ZEC/USDCshort | +0.0374% | 1h | 1,471.6 | −0.075% | $855K | $1.0M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,473 | +0.016% | $3.6M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0513% | 1h | 1,471.4 | −0.093% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0736% | 1h | 1,471.2 | −0.103% | $44K | $46K | 10x | as long as short |
Variational Omni ZEC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter ZEC
Arcus ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD