Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.033%
Price spread now: Lighter against MEXC+0.058%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs+$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$30.025% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.444%+$44 on $10k
Price spread, last 7 days+0.005%$0 · spread now +0.058%, 7d avg +0.069%
Together, before fees+0.449%+ Points / potential airdropLighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEC_USDT1,472.80.0100pay 0.0100% / 8h6h 16m$216.2M$801.1M150x
ShortLighter ZEC1,473.60.0248get 0.0031% / 1h16m 46s$19.2M$48.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$31.08
Price spread: +0.058% → +0.069%
−$1.04
Slippage, 4 orders
−$2.5
Fee MEXC: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$27.54
Costs to cover
0.025%
Break-even
0.8 days
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.03 bp0.0 bp $00.0 bp $040.7 bp −$4,07282.0 bp −$41.0K
Sell Lighter live order book, 7 min ago0.94 bp1.4 bp −$13.4 bp −$3410.9 bp −$1,08862.4 bp −$31.2K

ZEC on 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3678%1h1,459.6−0.898%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.7−0.074%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0014%1h1,472.5−0.018%$400K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,471.9−0.057%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,471.9−0.062%$414K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.1−0.111%$973K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,471.3−0.102%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.4−0.094%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0030%8h1,471.3−0.103%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,471.4−0.096%$384K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3+0.101%$48.1M$32.6Mas long as short
01 Exchange ZECUSD+0.0064%1h1,471.2−0.108%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,474.7+0.130%$4.7M$1.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,470.8−0.136%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,471.8−0.065%$181.4M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,470.6−0.148%$11K$841K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.8−0.064%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.2−0.108%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.8+0.071%$767.8M$443.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.5−0.016%$14.8M$30.1M75xas long as short
Pacifica ZEC+0.0100%1h1,471.8−0.064%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.6−0.014%$681.4M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,472.1−0.048%$271.9M$615.5M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.259%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.4−0.027%$50.2M$176.2M75xas long as short
MEXC ZEC_USDTlong+0.0100%8h1,472.8long leg$216.2M$801.1M150x
KuCoin ZECUSDTM+0.0100%8h1,471.5−0.090%$103.4M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.9+0.007%$163.6M$282.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.7−0.008%$100.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,473.6+0.057%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.3+0.101%$3.0M$453K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.1+0.090%$429K$895K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.7+0.062%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.5−0.086%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.3−0.097%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470−0.189%$457K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.1+0.020%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.5−0.084%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6−0.081%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.1−0.046%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.6−0.015%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.2−0.109%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0139%1h1,472.1−0.045%$612K$1.3M25xas long as short
Lighter ZECshort+0.0248%1h1,473.6+0.058%$19.2M$48.2M20x
Arcus ZEC-USD+0.0254%1h1,472.80.000%$692K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,474.5+0.117%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,471.5−0.087%$865K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0460%1h1,471.8−0.063%$2.5M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.8+0.276%$3.7M$9.4M50xas long as short
Aftermath Perps ZECUSD+0.0747%1h1,473.7+0.065%$44K$46K10xas long as short