Funding you earn now, next payment 23:00 UTC+0.0393%/8h= +43.0% APRnext payment +$0.49 per $10,000 · paid last 24h +0.134%
Price spread now: Lighter RH against ApeX Omni+0.435%78s7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs+$87as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days+1.252%+$125 on $10k
+Price spread, last 7 days−0.370%−$37 · spread now +0.435%, 7d avg +0.200%
=Together, before fees+0.882%+ Points / potential airdropLighter RH: Points live · farm board+$88 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter RH is 0.234% dearer against ApeX Omni than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.200%. The two prices were read 78 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 | ApeX Omni ZECUSDT | 1,463.4 | 0.0039 | pay 0.0005% / 1h | 46m 08s | $430K | $818K | 50x |
| Short | Lighter RH ZEC | 1,469.8 | 0.0432 | get 0.0054% / 1h | 46m 08s | $2.0M | $8.2M | 10x |
ApeX Omni ZECUSDT
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against ApeX Omni. 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
- $82.54
- Price spread: +0.435% → +0.200%
- $23.42
- Slippage, 4 orders
- −$28.15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $67.81
- Costs to cover
- 0.382%
- Break-even
- 1.2 days
Slippage from ApeX Omni: live order book, 38 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 38 min ago | 2.89 bp | 7.9 bp −$8 | 30.7 bp −$307 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 2.29 bp | 2.3 bp −$2 | 4.5 bp −$45 | doesn't fit | doesn't fit |
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 | −0.3310% | 1h | 1,462.9 | −0.031% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,467.8 | +0.304% | $17.8M | $44.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0107% | 1h | 1,459.3 | −0.280% | $398K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0097% | 8h | 1,467.7 | +0.290% | $29.3M | $75.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.4 | +0.202% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0045% | 8h | 1,467.7 | +0.295% | $271.7M | $676.5M | 75x | as long as short |
| Variational Omni ZEC | −0.0023% | 8h | 1,459.1 | −0.292% | $46.4M | $34.1M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468.1 | +0.318% | $413K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.6 | +0.353% | $889K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,467.8 | +0.303% | $83K | $404K | 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 | 1,468.3 | +0.331% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0079% | 1h | 1,468.2 | +0.327% | $543K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,467.7 | +0.297% | $294K | $1.5M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0039% | 1h | 1,468.7 | +0.361% | $598K | $1.3M | 25x | as long as short |
| ApeX Omni ZECUSDTlong | +0.0039% | 1h | 1,463.4 | long leg | $430K | $818K | 50x | |
| OKX ZEC-USDT-SWAP | +0.0051% | 8h | 1,468 | +0.316% | $176.0M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.193% | $899K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0060% | 8h | 1,467.8 | +0.303% | $49.9M | $184.1M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,468.2 | +0.330% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,459.6 | −0.258% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,468 | +0.316% | $14K | $864K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,469.1 | +0.391% | $19.0M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.8 | +0.300% | $174K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468 | +0.311% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.6 | +0.357% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.6 | +0.355% | $760.8M | $490.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.1 | +0.319% | $15.4M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.5 | +0.347% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.6 | +0.288% | $675.6M | $2.52B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.6 | +0.286% | $222.8M | $854.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.1 | +0.320% | $103.3M | $56.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.6 | +0.287% | $162.8M | $308.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.5 | +0.281% | — | $103.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.8 | −0.243% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.9 | −0.307% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,466.9 | +0.238% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,467.6 | +0.287% | $345K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,467.7 | +0.292% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.3 | +0.199% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,470.1 | +0.457% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,468 | +0.316% | $223K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,468 | +0.311% | $2.4M | $23.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,468.5 | +0.349% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,468.3 | +0.333% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.9 | +0.309% | $37K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,468.4 | +0.345% | $844K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0226% | 1h | 1,468.5 | +0.345% | $2.3M | $4.0M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,470.5 | +0.488% | $3.7M | $11.7M | 50x | as long as short |
| Lighter RH ZECshort | +0.0432% | 1h | 1,469.8 | +0.435% | $2.0M | $8.2M | 10x | |
| Arcus ZEC-USD | +0.0444% | 1h | 1,469.1 | +0.391% | $730K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0525% | 1h | 1,465.2 | +0.125% | $41K | $34K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
Deribit ZEC_USDC-PERPETUAL
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD