Funding you earn now, next payment 23:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.029%
Price spread now: Aevo against Lighter−0.153%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days−0.295%−$30 on $10k
+Price spread, last 3 days (all we have)+0.552%+$55 · spread now −0.153%, 7d avg −0.061%
=Together, before fees+0.257%+ Points / potential airdropLighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.093% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,469.1 | 0.0128 | pay 0.0016% / 1h | 14m 43s | $19.0M | $52.7M | 20x |
| Short | Aevo ZEC-PERP | 1,466.8 | 0.0104 | get 0.0013% / 1h | 14m 43s | $37K | $366K | 20x |
Lighter ZEC
Aevo ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- −$5.04
- Price spread: −0.153% → −0.061%
- −$9.29
- Slippage, 4 orders
- −$20.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$51.13
- Costs to cover
- 0.368%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 9 min ago; Aevo: 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 Lighter live order book, 9 min ago | 0.16 bp | 0.4 bp $0 | 2.0 bp −$20 | 8.4 bp −$837 | 67.1 bp −$33.5K |
| Sell Aevo live order book, 4 min ago | 6.55 bp | 20.1 bp −$20 | 27.6 bp −$276 | 37.8 bp −$3,777 | 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 | 1,467.5 | −0.106% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,466.7 | −0.163% | $17.8M | $44.6M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0243% | 1h | 1,464.9 | −0.284% | $397K | $515K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0098% | 8h | 1,467 | −0.143% | $29.3M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.4 | −0.186% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0067% | 8h | 1,466.7 | −0.161% | $271.3M | $666.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0034% | 8h | 1,463.6 | −0.373% | $46.6M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,466.9 | −0.149% | $413K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.1 | −0.065% | $889K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.3 | −0.188% | $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 | 1,466.9 | −0.150% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0011% | 8h | 1,466.5 | −0.176% | $292K | $1.4M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0037% / S +0.0009% | 1h | 1,466.8 | −0.155% | $356K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0044% | 8h | 1,467.1 | −0.138% | $177.0M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0045% | 8h | 1,467.4 | −0.116% | $49.9M | $186.8M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,466.9 | −0.150% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,465.1 | −0.271% | $4.6M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0079% | 1h | 1,463.2 | −0.404% | $429K | $824K | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.3 | −0.193% | $174K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,467 | −0.143% | $14K | $824K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,467.1 | −0.133% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,466.7 | −0.159% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.7 | −0.026% | $762.1M | $478.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.5 | −0.107% | $15.6M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.1 | −0.064% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.5 | −0.108% | $676.6M | $2.47B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,463.9 | −0.350% | $903K | $27K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.6 | −0.102% | $223.7M | $868.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.5 | −0.105% | $103.8M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.6 | −0.104% | $162.8M | $304.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.4 | −0.116% | — | $102.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,464 | −0.347% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,464.3 | −0.325% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,466.7 | −0.165% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.4 | −0.182% | $345K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.5 | −0.176% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465 | −0.278% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,468.7 | −0.026% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,466.6 | −0.171% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.5 | −0.175% | $2.5M | $23.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,466.6 | −0.167% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.4 | −0.116% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,466.8 | −0.153% | $37K | $366K | 20x | |
| Lighter ZEClong | +0.0128% | 1h | 1,469.1 | long leg | $19.0M | $52.7M | 20x | |
| Backpack ZEC_USDC_PERP | +0.0174% | 1h | 1,467.7 | −0.091% | $2.4M | $3.7M | 15x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0183% | 1h | 1,467.4 | −0.115% | $597K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,466.7 | −0.162% | $842K | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,469.7 | +0.045% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,469.3 | +0.016% | $3.7M | $11.4M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,467.4 | −0.115% | $726K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0585% | 1h | 1,466.3 | −0.188% | $41K | $34K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
ApeX Omni ZECUSDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
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
Backpack ZEC_USDC_PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD