Funding you earn now, next payment 01:00 UTC+0.0262%/8h= +28.7% APRpaid last 24h +0.062%
Price spread now: Lighter against Bybit+0.084%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs+$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.151% of the position
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.084%, 7d avg +0.072%
=Together, before fees+0.278%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZECUSDT | 1,471.8 | −0.0062 | get 0.0062% / 8h | 7h 29m | $274.5M | $634.2M | 75x |
| Short | Lighter ZEC | 1,473.1 | 0.0200 | get 0.0025% / 1h | 29m 58s | $19.2M | $50.4M | 20x |
Bybit ZECUSDT
Lighter ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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
- $55.07
- Price spread: +0.084% → +0.072%
- $1.19
- Slippage, 4 orders
- −$4.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $41.17
- Costs to cover
- 0.151%
- Break-even
- 1.8 days
Slippage from Bybit: live order book, 4 min ago; Lighter: live order book, 4 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 Bybit live order book, 4 min ago | 0.03 bp | 5.8 bp −$6 | 8.1 bp −$81 | 17.7 bp −$1,765 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.98 bp | 1.0 bp −$1 | 2.7 bp −$27 | 9.0 bp −$900 | 66.6 bp −$33.3K |
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 | −0.3321% | 1h | 1,472.2 | +0.023% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,471.7 | −0.011% | $17.9M | $42.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0119% | 1h | 1,467.9 | −0.268% | $399K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0102% | 8h | 1,469.7 | −0.147% | $29.7M | $73.1M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.3 | −0.106% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDTlong | −0.0062% | 8h | 1,471.8 | long leg | $274.5M | $634.2M | 75x | |
| Variational Omni ZEC | −0.0053% | 8h | 1,469 | −0.190% | $47.6M | $33.8M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,469.9 | −0.132% | $414K | $103K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,470.7 | −0.077% | $959K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.7 | −0.145% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
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 | 1,470.3 | −0.104% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,470.7 | −0.076% | $294K | $1.3M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,470.3 | −0.108% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0049% | 8h | 1,471.7 | −0.010% | $182.0M | $1.30B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,470.8 | −0.071% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,470.3 | −0.103% | $378K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.8 | −0.136% | $179K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,470.1 | −0.122% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.2 | −0.109% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470.6 | −0.087% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.8 | +0.065% | $763.8M | $455.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.3 | −0.034% | $14.9M | $31.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,470.5 | −0.090% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.9 | +0.001% | $685.3M | $2.38B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,471.6 | −0.016% | $699K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471 | −0.058% | $895K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,471.5 | −0.024% | $51.3M | $179.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.8 | −0.001% | $231.9M | $825.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470.7 | −0.075% | $104.8M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.9 | +0.004% | $163.8M | $292.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,471 | −0.056% | — | $100.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.4 | −0.233% | $571K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.3 | −0.240% | $3.0M | $466K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.9 | −0.133% | $430K | $866K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.6 | −0.084% | $110K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470 | −0.125% | $340K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470.3 | −0.104% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.9 | −0.201% | $458K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.4 | +0.035% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.3 | −0.040% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.6 | −0.086% | $2.5M | $21.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472 | +0.013% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.9 | +0.005% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.4 | −0.101% | $56K | $167K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0190% | 1h | 1,471.3 | −0.035% | $605K | $1.3M | 25x | as long as short |
| Lighter ZECshort | +0.0200% | 1h | 1,473.1 | +0.084% | $19.2M | $50.4M | 20x | |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,470.8 | −0.073% | $852K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,473 | +0.075% | $3.8M | $10.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0527% | 1h | 1,472.4 | +0.040% | $2.5M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0772% | 1h | 1,471.3 | −0.034% | $44K | $47K | 10x | as long as short |
| Lighter RH ZEC | +0.0800% | 1h | 1,474 | +0.147% | $2.0M | $8.1M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Lighter RH ZEC