Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.063%
Price spread now: Lighter RH against Ondo Perps+0.401%7-day average +0.131% · you sell dearer than you buy
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)−0.279%−$28 · spread now +0.401%, 7d avg +0.131%
=Together, before fees−0.189%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.271% dearer against Ondo Perps than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ZEC-USD.P | 1,507 | 0.0064 | pay 0.0008% / 1h | 3m 46s | $412K | $551K | 5x |
| Short | Lighter RH ZEC | 1,513.1 | 0.0096 | get 0.0012% / 1h | 3m 46s | $2.1M | $7.6M | 10x |
Ondo Perps ZEC-USD.P
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Ondo Perps. 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
- $6.72
- Price spread: +0.401% → +0.131%
- $27.06
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $28.78
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 5 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 5 min ago | 1.35 bp | 1.4 bp −$1 | 3.1 bp −$31 | 427.5 bp −$42.8K | doesn't fit |
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 | 1,496.3 | −0.712% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,509.3 | +0.149% | $62K | $306K | 10x | as long as short |
| Bulk ZEC-USD | −0.0412% | 1h | 1,508.1 | +0.074% | $776K | $147K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0174% | 8h | 1,510.7 | +0.246% | $31.0M | $76.7M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0098% | 1h | 1,510.2 | +0.210% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,511.1 | +0.273% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,509.5 | +0.168% | $420K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,511.1 | +0.273% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,511.5 | +0.296% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,512 | +0.335% | $18.2M | $47.8M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Bulk ZEC-USD
BloFin ZEC-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.Plong | +0.0064% | 1h | 1,507 | long leg | $412K | $551K | 5x | |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,510.2 | +0.214% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,511.3 | +0.287% | $304K | $863K | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,511.5 | +0.300% | $4.8M | $1.4M | 10x | as long as short |
| Lighter RH ZECshort | +0.0096% | 1h | 1,513.1 | +0.401% | $2.1M | $7.6M | 10x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,509.9 | +0.191% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,510.1 | +0.205% | $16K | $897K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,509.6 | +0.174% | $62K | $19K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,509.9 | +0.191% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,512.2 | +0.345% | $792.0M | $445.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,510.9 | +0.261% | $14.2M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.9 | +0.194% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,511.9 | +0.325% | $714.2M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,511.5 | +0.297% | $273.1M | $626.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,511.7 | +0.311% | $183.0M | $1.38B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,511.7 | +0.313% | $59.3M | $190.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,512 | +0.331% | $235.7M | $828.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,511.4 | +0.295% | $103.4M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,511.9 | +0.323% | $163.5M | $293.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,510 | +0.200% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,507.8 | +0.055% | $49.8M | $35.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,511.6 | +0.304% | $578K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,510.4 | +0.223% | $3.1M | $519K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,511.2 | +0.279% | $416K | $948K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,511.2 | +0.279% | $54K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,509.5 | +0.166% | $375K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,511.8 | +0.316% | $169K | $193K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,513.1 | +0.406% | $462K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,514.1 | +0.468% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,511.7 | +0.309% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,509 | +0.134% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,511.9 | +0.325% | $4.1M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,511.2 | +0.278% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,511.3 | +0.287% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,510.2 | +0.214% | $958K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,512.7 | +0.379% | $19.6M | $47.0M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0138% | 1h | 1,512.3 | +0.354% | $691K | $1.4M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0150% / S −0.0150% | 1h | 1,511.6 | +0.308% | $335K | — | 100x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,510.6 | +0.236% | $593K | $8.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,512.6 | +0.369% | $3.7M | $9.8M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0493% | 1h | 1,512.2 | +0.347% | $2.4M | $3.8M | 15x | as long as short |
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
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP