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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter against StandX−0.302%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.194%+$19 on $10k
Price spread, last 7 days+0.365%+$37 · spread now −0.302%, 7d avg +0.059%
Together, before fees+0.559%+ Points / potential airdropStandX: Active · Lighter: Season 3 · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.361% cheaper against StandX than usual: you would sell low and buy high (spread −0.302% now, against its 7-day average of +0.059%). If the spread goes back, that is −$36 on $10k: about 6.7 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,5000.0100pay 0.0013% / 1h13m 04s$56K$4.6M30x
ShortLighter ZEC1,495.50.0280get 0.0035% / 1h13m 04s$19.5M$46.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against StandX. 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
$37.8
Price spread: −0.302% → +0.059%
−$36.09
Slippage, 4 orders
−$12.89
Fee StandX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$19.19
Costs to cover
0.209%
Break-even
10.6 days
Slippage from StandX: live order book, 1 min ago; Lighter: live order book, 6 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 StandX live order book, 1 min ago4.10 bp8.2 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago1.11 bp1.8 bp −$23.7 bp −$3717.9 bp −$1,78677.2 bp −$38.6K

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−0.3684%1h1,478.1−1.461%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,495.9−0.275%$61K$304K10xas long as short
BloFin ZEC-USDT−0.0171%8h1,494.1−0.395%$30.3M$75.0M75xas long as short
Kraken Futures PF_ZECUSD−0.0096%1h1,494.4−0.374%$18.1M$46.5M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,505.4+0.359%$6K$1K10xas long as short
Bulk ZEC-USD−0.0051%1h1,487.2−0.857%$898K$9K10xas long as short
dYdX ZEC-USD0.0000%1h1,496.6−0.226%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,497.7−0.156%$1.6M$4.6M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,495−0.332%$683K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,495.6−0.295%$5.3M150xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps ZECUSD+0.0037%1h1,495.2−0.318%$48K$64K10xas long as short
Orderly PERP_ZEC_USDC+0.0079%8h1,495−0.335%$301K$1.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,496.6−0.227%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,496.9−0.205%$12K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,496.4−0.244%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,496.9−0.205%$3.0M$7.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,494.1−0.395%$13.9M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,496.9−0.205%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,494.6−0.358%$696.4M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,494.4−0.377%$267.2M$632.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,494.4−0.377%$182.5M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,498.7−0.087%$410K$552K5xas long as short
Gate ZEC_USDT+0.0100%8h1,494.1−0.395%$54.7M$186.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,494.3−0.384%$244.5M$796.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,494.6−0.363%$102.8M$57.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,494.3−0.378%$160.7M$289.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,494.8−0.347%$116.7Mas long as short
Variational Omni ZEC+0.0100%8h1,498.8−0.078%$49.0M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,499.9−0.009%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505+0.333%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,503.1+0.207%$414K$942K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,500long leg$56K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,496.8−0.214%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,495.4−0.308%$164K$184K20xas long as short
SunX ZEC-USDT+0.0100%8h1,497.9−0.144%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494−0.399%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.2−0.390%$2.7M$20.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.7−0.355%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,494.3−0.378%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,494.4−0.377%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,496.9−0.206%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0129%1h1,496.7−0.220%$940K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0134% / S −0.0127%1h1,495.3−0.312%$396K100xas long as short
Phoenix ZEC+0.0134%1h1,501.5+0.099%$4.8M$1.4M10xas long as short
Hyperliquid ZEC+0.0178%1h1,495.2−0.321%$778.3M$445.2M10xas long as short
Arcus ZEC-USD+0.0221%1h1,497.5−0.165%$603K$8.7M10xas long as short
Lighter RH ZEC+0.0232%1h1,495.7−0.287%$2.1M$7.4M10xas long as short
Backpack ZEC_USDC_PERP+0.0233%1h1,494.6−0.361%$2.3M$3.9M15xas long as short
Lighter ZECshort+0.0280%1h1,495.5−0.302%$19.5M$46.6M20x
Coinbase International ZEC-PERP-INTX+0.0480%1h1,496.9−0.209%$3.7M$10.1M50xas long as short