Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.028%
Price spread now: Lighter against Paradex+0.021%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.021% dearer against Paradex than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | Paradex ZEC-USD-PERP | 1,475.6 | 0.0100 | pay 0.0100% / 8h | 7h 49m | $61K | $39K | 10x |
| Short | Lighter ZEC | 1,475.9 | 0.0096 | get 0.0012% / 1h | 49m 52s | $19.2M | $50.2M | 20x |
Paradex ZEC-USD-PERP
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- −$0.81
- Price spread: +0.021% → 0.000%
- $2.14
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$2.68
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 4 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 1.11 bp | 2.1 bp −$2 | 3.1 bp −$31 | 10.7 bp −$1,072 | 67.4 bp −$33.7K |
Paradex: 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 | −0.3321% | 1h | 1,477.8 | +0.152% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,474.2 | −0.095% | $18.0M | $43.5M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0192% | 1h | 1,474.7 | −0.060% | $400K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0104% | 8h | 1,473.4 | −0.147% | $29.5M | $74.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474.4 | −0.080% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0077% | 8h | 1,473.6 | −0.138% | $275.1M | $646.0M | 75x | as long as short |
| Variational Omni ZEC | −0.0061% | 8h | 1,473.2 | −0.162% | $47.9M | $34.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475.6 | −0.001% | $416K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,475.3 | −0.022% | $960K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,474.4 | −0.083% | $84K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,474.9 | −0.046% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,474.2 | −0.096% | $294K | $1.4M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,474 | −0.106% | $181.9M | $1.33B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,476.1 | +0.035% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,477 | +0.095% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,474.7 | −0.063% | $379K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0089% | 1h | 1,475 | −0.039% | $615K | $1.3M | 25x | as long as short |
| Lighter ZECshort | +0.0096% | 1h | 1,475.9 | +0.021% | $19.2M | $50.2M | 20x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,475.6 | +0.003% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,475.6 | −0.001% | $13K | $850K | 10x | as long as short |
| Paradex ZEC-USD-PERPlong | +0.0100% | 8h | 1,475.6 | long leg | $61K | $39K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476.2 | +0.044% | $2.6M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,475.5 | −0.006% | $765.2M | $459.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,474.2 | −0.094% | $15.0M | $32.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,475.8 | +0.015% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,474.2 | −0.094% | $684.6M | $2.43B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,476.9 | +0.088% | $692K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.8 | −0.328% | $895K | $33K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,474.3 | −0.087% | $51.5M | $178.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,474.3 | −0.085% | $232.3M | $821.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,474.5 | −0.077% | $105.2M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,474.4 | −0.081% | $163.9M | $298.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,473.4 | −0.146% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,475.8 | +0.016% | $575K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,477.2 | +0.110% | $3.0M | $454K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.5 | +0.064% | $432K | $858K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,474.3 | −0.090% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474.9 | −0.047% | $334K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,474.6 | −0.070% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,472.5 | −0.210% | $459K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.8 | +0.148% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,474 | −0.107% | $243K | $4.3M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473.5 | −0.141% | $2.5M | $22.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,474.8 | −0.054% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.5 | −0.072% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.3 | −0.291% | $82K | $250K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,476.5 | +0.059% | $844K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,477 | +0.092% | $3.8M | $10.5M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0645% | 1h | 1,475.1 | −0.034% | $2.5M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.0664% | 1h | 1,476.5 | +0.064% | $2.0M | $8.0M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0784% | 1h | 1,475.5 | −0.003% | $44K | $48K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
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
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD