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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

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: Lighter RH against Polymarket Perps+0.154%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs+$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$180.181% of the position
Long on Polymarket PerpsShort on Lighter RH
What this pair did over the last
the charts below follow
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.065% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,498.50.0100pay 0.0013% / 1h5m 53s$363K$1.7M10x
ShortLighter RH ZEC1,500.80.0216get 0.0027% / 1h5m 53s$2.1M$7.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket Perps. 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
$24.36
Price spread: +0.154% → +0.089%
$6.54
Slippage, 4 orders
−$10.07
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$12.83
Costs to cover
0.181%
Break-even
3.3 days
Slippage from Polymarket Perps: live order book, 3 min ago; Lighter RH: live order book, 3 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 Polymarket Perps live order book, 3 min ago2.67 bp6.7 bp −$79.0 bp −$9027.6 bp −$2,762doesn't fit
Sell Lighter RH live order book, 3 min ago1.57 bp3.2 bp −$35.6 bp −$56doesn't fitdoesn't fit

ZEC on 51 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−0.3243%1h1,491.6−0.460%$34K$273K12xas long as short
Bulk ZEC-USD−0.0279%1h1,512.6+0.942%$914K$15K10xas long as short
BloFin ZEC-USDT−0.0124%8h1,499.5+0.068%$30.6M$74.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,498.3−0.017%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,498.3−0.015%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,499.6+0.077%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,497.8−0.045%$86K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,498.9+0.025%$5.3M—150xas long as short
Orderly PERP_ZEC_USDC+0.0069%8h1,499.1+0.039%$301K$1.1M20xas long as short
01 Exchange ZECUSD+0.0088%1h1,499.2+0.044%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,496.7−0.121%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,498.8+0.017%$152K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,498.8+0.023%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,500.2+0.113%$782.5M$437.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,498.9+0.025%$14.3M$29.4M75xas long as short
Pacifica ZEC+0.0100%1h1,498.8+0.022%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,499+0.032%$696.2M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,498.7+0.010%$274.7M$621.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,498.7+0.016%$181.2M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,495.9−0.174%$407K$481K5xas long as short
Gate ZEC_USDT+0.0100%8h1,498.9+0.024%$54.0M$182.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,499.1+0.037%$226.2M$783.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,499.6+0.071%$103.1M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,499+0.030%$161.7M$284.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,498.2−0.023%—$6.7M—as long as short
Variational Omni ZEC+0.0100%8h1,498.3−0.010%$49.0M$33.3M—as long as short
edgeX ZECUSDC+0.0100%4h1,505.7+0.480%$575K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505.4+0.457%$3.1M$475K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.8+0.420%$417K$929K50xas long as short
StandX ZEC-USD+0.0100%1h1,497−0.099%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,498.5long leg$363K$1.7M10x
Bullet ZEC-USD+0.0100%1h1,498.9+0.024%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,498.1−0.024%$457K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,500.7+0.148%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,499.2+0.048%$248K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,498.8+0.018%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,499.2+0.049%$4.0M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,498.6+0.009%$62K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,498.5−0.001%$13K$856K10xas long as short
Extended ZEC-USD+0.0104%1h1,498.7+0.013%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,498.6+0.006%$46K$149K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0108% / S −0.0083%1h1,498.6+0.009%$405K—100xas long as short
Kraken Futures PF_ZECUSD+0.0143%1h1,499.2+0.049%$18.2M$46.1M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,498.7+0.010%$935K$1.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0189%1h1,499.9+0.091%$710K$1.4M25xas long as short
Lighter RH ZECshort+0.0216%1h1,500.8+0.154%$2.1M$7.3M10x
Lighter ZEC+0.0224%1h1,500.9+0.161%$19.7M$45.9M20xas long as short
Backpack ZEC_USDC_PERP+0.0369%1h1,499.9+0.091%$2.3M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0432%1h1,500.6+0.140%$50K$61K10xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,501.7+0.216%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,499.6+0.075%$619K$8.5M10xas long as short