After costs, if the gap returns to its 7d average, $10k−$13
spread now+0.074%7d average+0.035%fees + slippage, in and out−$17spread needed0.170%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZEC | 1,480.2 | 0.0100 | pay 0.0013% / 1h | 40m 32s | $779.8M | $660.0M | 10x |
| Short | Lighter RH ZEC | 1,481.3 | 0.0248 | get 0.0031% / 1h | 40m 32s | $1.8M | $7.9M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $7.36
- Funding while held
- $4.44
- Slippage, 4 orders
- −$7.96
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$5.16
- Spread needed to break even
- 0.170%
Slippage from Hyperliquid: live order book, 5 min ago; Lighter RH: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0148%
- Per $10,000 a day
- +$4.44
- Average in range /8h
- —
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 Hyperliquid live order book, 5 min ago | 0.34 bp | 4.8 bp −$5 | 6.1 bp −$61 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 2.29 bp | 4.2 bp −$4 | 7.5 bp −$75 | doesn't fit | doesn't fit |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.ZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ZEC_USDT | −0.129% | +0.0006% | 8h | $220.1M | $989.9M | 150x | as long as short |
| Katana Perps ZEC-USD | −0.116% | +0.0075% | 8h | $16K | $956K | 10x | as long as short |
| Bybit ZECUSDT | −0.109% | −0.0238% | 8h | $276.5M | $779.5M | 75x | as long as short |
| RISEx ZEC/USDC | −0.093% | +0.0072% | 1h | $849K | $2.7M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | −0.089% | −0.0013% | 8h | $177.3M | $1.60B | 50x | as long as short |
| Gate ZEC_USDT | −0.088% | −0.0075% | 8h | $51.0M | $210.1M | 75x | as long as short |
| 01 Exchange ZECUSD | −0.087% | +0.0008% | 1h | $9K | $11K | 5x | as long as short |
| Binance ZECUSDT | −0.076% | +0.0006% | 8h | $676.4M | $2.89B | 75x | as long as short |
| Popdex ZECUSDT | −0.075% | +0.0096% | 1h | $174K | $2.3M | 50x | as long as short |
| BingX ZEC-USDT | −0.069% | +0.0076% | 8h | — | $130.0M | — | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex ZEC-USD-PERP | −0.067% | +0.0095% | 8h | $61K | $38K | 10x | as long as short |
| Aster ZECUSDT | −0.065% | −0.0026% | 8h | $14.8M | $38.2M | 75x | as long as short |
| KuCoin ZECUSDTM | −0.047% | +0.0100% | 8h | $103.8M | $68.8M | 75x | as long as short |
| Nado ZEC-PERP | −0.046% | +0.0100% | 1h | $3.0M | $7.8M | 10x | as long as short |
| Polymarket Perps ZEC-USD | −0.034% | +0.0091% | 1h | $302K | $3.1M | 10x | as long as short |
| Derive ZEC-PERP | −0.027% | +0.0100% | 1h | $459K | $528K | 6.7x | as long as short |
| Bitget ZECUSDT | −0.009% | +0.0080% | 8h | $168.5M | $350.1M | 75x | as long as short |
| Perpl ZEC | −0.005% | +0.0112% | 43m | $77K | $415K | 10x | as long as short |
| Pacifica ZEC | −0.004% | +0.0100% | 1h | $1.7M | $3.6M | 10x | as long as short |
| Extended ZEC-USD | −0.002% | +0.0104% | 1h | $3.3M | $4.9M | 10x | as long as short |
| Hyperliquid ZEClong | 0.000% | +0.0100% | 1h | $779.8M | $660.0M | 10x | |
| dYdX ZEC-USD | +0.014% | 0.0000% | 1h | $417K | $108K | 5x | as long as short |
| Arcus ZEC-USD | +0.027% | +0.0231% | 1h | $712K | $7.1M | 10x | as long as short |
| Lighter ZEC | +0.038% | +0.0096% | 1h | $19.2M | $61.9M | 20x | as long as short |
| HTX ZEC-USDT | +0.054% | +0.0100% | 8h | $2.5M | $31.3M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.057% | −0.0018% | 8h | $289K | $1.8M | 20x | as long as short |
| SoDEX ZEC-USD | +0.057% | +0.0100% | 1h | $225K | $5.6M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.058% | −0.0790% | 1h | $18.1M | $48.3M | 25x | as long as short |
| Variational Omni ZEC | +0.060% | −0.0130% | 8h | $47.9M | $32.6M | — | as long as short |
| Aevo ZEC-PERP | +0.061% | +0.0080% | 1h | $39K | $366K | 20x | as long as short |
| Lighter RH ZECshort | +0.074% | +0.0248% | 1h | $1.8M | $7.9M | 10x | |
| BloFin ZEC-USDT | +0.074% | −0.0113% | 8h | $30.5M | $82.8M | 75x | as long as short |
| Bullet ZEC-USD | +0.075% | +0.0100% | 1h | $129K | $166K | 20x | as long as short |
| Hotstuff ZEC-PERP | +0.109% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| Phemex ZECUSDT | +0.113% | +0.0100% | 8h | $3.8M | $6.7M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | +0.120% | L +0.0095% / S +0.0015% | 1h | $581K | — | 100x | as long as short |
| gTrade (Gains Network) ZEC/USD | +0.124% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.148% | 0.0000% | 1h | $580K | $1.4M | 25x | as long as short |
| Kalshi KXZECPERP | +0.152% | 0.0000% | 8h | $990K | $6.5M | 2.2x | as long as short |
| Backpack ZEC_USDC_PERP | +0.180% | +0.0234% | 1h | $2.3M | $3.8M | 15x | as long as short |
| ApeX Omni ZECUSDT | +0.212% | −0.0132% | 1h | $967K | $463K | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.220% | +0.0436% | 1h | $39K | $34K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.230% | −0.0046% | 1h | $403K | $748K | 5x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.232% | +0.0360% | 1h | $3.9M | $13.5M | 50x | as long as short |
| StandX ZEC-USD | +0.296% | +0.0100% | 1h | $112K | $4.2M | 30x | as long as short |
| Bulk ZEC-USD | +0.351% | +0.0100% | 1h | $915K | $47K | 10x | as long as short |
| Phoenix ZEC | +0.353% | −0.0004% | 1h | $4.7M | $1.7M | 10x | as long as short |
| SunX ZEC-USDT | +0.374% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
| edgeX ZECUSDC | +0.421% | +0.0100% | 4h | $500K | $10.6M | 20x | as long as short |
| Injective ZEC/USDC PERP | +0.454% | −0.3658% | 1h | $34K | $13K | 12x | as long as short |
Hyperliquid ZEC
Lighter RH ZEC
MEXC
Katana Perps
Bybit
RISEx
OKX
Gate
Binance
Popdex
BingX
Paradex
Aster
KuCoin
Polymarket Perps
Derive
Bitget
Pacifica
Extended
Lighter
HTX
SoDEX
Kraken Futures
Variational Omni
BloFin
Bullet
Phemex
GMX
gTrade (Gains Network)
Deribit
Backpack
ApeX Omni
Coinbase International
StandX
Bulk
Phoenix
SunX
Injective