Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.022%
Price spread now: Lighter against SoDEX+0.058%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.141% of the position
Funding, last 3 days (all we have)+0.200%+$20 on $10k
+Price spread, last 4 days (all we have)−0.333%−$33 · spread now +0.058%, 7d avg +0.063%
=Together, before fees−0.134%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ZEC-USD | 1,511.7 | 0.0100 | pay 0.0013% / 1h | 3m 44s | $256K | $3.6M | 10x |
| Short | Lighter ZEC | 1,512.5 | 0.0136 | get 0.0017% / 1h | 3m 44s | $19.6M | $47.0M | 20x |
SoDEX ZEC-USD
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- $7.56
- Price spread: +0.058% → +0.063%
- −$0.5
- Slippage, 4 orders
- −$6.12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$7.06
- Costs to cover
- 0.141%
- Break-even
- 13.5 days
Slippage from SoDEX: live order book, 5 min ago; Lighter: live order book, 5 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 SoDEX live order book, 5 min ago | 0.03 bp | 4.1 bp −$4 | 11.6 bp −$116 | 101.1 bp −$10.1K | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.28 bp | 1.3 bp −$1 | 3.0 bp −$30 | 21.5 bp −$2,148 | 75.3 bp −$37.6K |
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 | −1.017% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,509.3 | −0.159% | $62K | $306K | 10x | as long as short |
| Bulk ZEC-USD | −0.0412% | 1h | 1,508.1 | −0.234% | $776K | $147K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0174% | 8h | 1,510.7 | −0.063% | $31.0M | $76.7M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0098% | 1h | 1,510.2 | −0.099% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,511.5 | −0.009% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,511.6 | −0.002% | $420K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,511.1 | −0.036% | $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 | −0.013% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,512 | +0.026% | $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.P | +0.0065% | 1h | 1,507 | −0.308% | $412K | $551K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,511.2 | −0.028% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,511.3 | −0.022% | $304K | $863K | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,511.5 | −0.009% | $4.8M | $1.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,512.9 | +0.084% | $2.1M | $7.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,510.9 | −0.053% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,511.3 | −0.021% | $16K | $897K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,511.3 | −0.022% | $62K | $19K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,509.9 | −0.117% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,512.2 | +0.036% | $792.0M | $445.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,511.3 | −0.026% | $14.2M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,511.7 | +0.003% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,511.5 | −0.008% | $714.0M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,510.8 | −0.055% | $273.0M | $626.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,511 | −0.040% | $182.9M | $1.38B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,511.1 | −0.034% | $59.4M | $190.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,511.6 | −0.003% | $236.2M | $828.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,511.7 | +0.003% | $103.5M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,511.2 | −0.030% | $163.4M | $293.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,509.7 | −0.132% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,507.8 | −0.253% | $49.8M | $35.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,511.6 | −0.004% | $578K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,510.4 | −0.085% | $3.1M | $519K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,511.2 | −0.030% | $416K | $948K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,511.2 | −0.029% | $54K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,509.5 | −0.142% | $375K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,511.8 | +0.007% | $169K | $193K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,513.1 | +0.098% | $462K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,514.1 | +0.159% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USDlong | +0.0100% | 1h | 1,511.7 | long leg | $256K | $3.6M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,509 | −0.174% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,511.9 | +0.017% | $4.1M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,511.1 | −0.039% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,511.3 | −0.022% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,511.1 | −0.035% | $958K | $1.1M | 10x | as long as short |
| Lighter ZECshort | +0.0136% | 1h | 1,512.5 | +0.058% | $19.6M | $47.0M | 20x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0138% | 1h | 1,512.3 | +0.045% | $691K | $1.4M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0150% / S −0.0150% | 1h | 1,511.6 | 0.000% | $335K | — | 100x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,511.8 | +0.009% | $595K | $8.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,512.6 | +0.060% | $3.7M | $9.8M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0493% | 1h | 1,512.2 | +0.038% | $2.4M | $3.8M | 15x | as long as short |
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
Lighter RH 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
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP