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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.047%
Price spread now: Lighter RH against Aster+0.107%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$140.135% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.327%+$33 on $10k
Price spread, last 7 days−0.092%−$9 · spread now +0.107%, 7d avg +0.088%
Together, before fees+0.235%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,466.10.0100pay 0.0100% / 8h5h 57m$14.7M$28.9M75x
ShortLighter RH ZEC1,467.70.0288get 0.0036% / 1h57m 24s$2.1M$6.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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
$39.48
Price spread: +0.107% → +0.088%
$1.95
Slippage, 4 orders
−$5.51
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$27.91
Costs to cover
0.135%
Break-even
2.1 days
Slippage from Aster: live order book, 2 min ago; Lighter RH: live order book, 1 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 Aster live order book, 2 min ago0.85 bp5.5 bp −$56.2 bp −$6218.9 bp −$1,89270.6 bp −$35.3K
Sell Lighter RH live order book, 1 min ago0.88 bp1.0 bp −$13.1 bp −$31322.0 bp −$32.2Kdoesn't fit

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−0.3244%1h1,453.2−0.879%$33K$272K12xas long as short
Ondo Perps ZEC-USD.P−0.0175%1h1,466.9+0.055%$398K$441K5xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.3+0.286%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,466.6+0.034%$413K$47K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.7+0.177%$972K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,465.3−0.054%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.8−0.159%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0033%8h1,463.6−0.171%$292K$984K20xas long as short
Popdex ZECUSDT+0.0040%1h1,466.3+0.014%$173K$1.8M50xas long as short
01 Exchange ZECUSD+0.0048%1h1,466.8+0.048%$8K$8K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,464−0.145%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,469.6+0.240%$4.6M$1.4M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0078%1h1,464.6−0.104%$609K$1.3M25xas long as short
Variational Omni ZEC+0.0079%8h1,468.1+0.137%$48.0M$32.4Mas long as short
OKX ZEC-USDT-SWAP+0.0095%8h1,463.9−0.154%$180.4M$1.24B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466.2+0.006%$16K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.1+0.065%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.5−0.108%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,465.5−0.041%$763.4M$435.1M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,466.1long leg$14.7M$28.9M75x
Pacifica ZEC+0.0100%1h1,466.7+0.040%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.1−0.138%$676.8M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,463.7−0.164%$271.2M$605.4M75xas long as short
Bulk ZEC-USD+0.0100%1h1,466.6+0.033%$890K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,463.8−0.160%$50.0M$169.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.5−0.176%$215.9M$767.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.4−0.115%$102.9M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,464.2−0.132%$162.7M$275.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,463.9−0.147%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468+0.132%$571K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.2+0.210%$3.0M$430K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.2+0.208%$427K$880K50xas long as short
StandX ZEC-USD+0.0100%1h1,467.9+0.124%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.4−0.048%$342K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.8−0.155%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.3−0.257%$446K$512K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,468.8+0.185%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5+0.095%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.7+0.043%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.9+0.120%$3.9M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.5+0.025%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.8−0.159%$48K$155K20xas long as short
Lighter ZEC+0.0136%1h1,467.6+0.106%$19.2M$45.8M20xas long as short
Kraken Futures PF_ZECUSD+0.0194%1h1,467.5+0.093%$18.1M$43.4M25xas long as short
Arcus ZEC-USD+0.0277%1h1,468.5+0.162%$695K$8.5M10xas long as short
Lighter RH ZECshort+0.0288%1h1,467.7+0.107%$2.1M$6.8M10x
Backpack ZEC_USDC_PERP+0.0378%1h1,467.8+0.113%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0409%1h1,467.3+0.084%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,468.6+0.171%$3.6M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0734%1h1,468.6+0.169%$43K$46K10xas long as short