Funding you earn now, next payment 05:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h −0.080%
Price spread now: BloFin against Lighter−0.356%90s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as 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−$160.161% of the position
Funding, last 7 days−0.622%−$62 on $10k
+Price spread, last 4 days (all we have)+0.634%+$63 · spread now −0.356%, 7d avg −0.068%
=Together, before fees+0.012%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.288% cheaper against Lighter than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.068%). Swap the legs. The two prices were read 90 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 | Lighter ZEC | 1,462.3 | 0.0152 | pay 0.0019% / 1h | 21m 40s | $19.4M | $45.2M | 20x |
| Short | BloFin ZEC-USDT | 1,457.1 | −0.0071 | pay 0.0071% / 8h | 3h 21m | $29.4M | $70.6M | 75x |
Lighter ZEC
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$46.74
- Price spread: −0.356% → −0.068%
- −$28.83
- Slippage, 4 orders
- −$4.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$91.62
- Costs to cover
- 0.161%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; BloFin: live order book, 12 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, 7 min ago | 0.44 bp | 0.5 bp $0 | 1.4 bp −$14 | 8.0 bp −$804 | 61.9 bp −$31.0K |
| Sell BloFin live order book, 12 min ago | 1.13 bp | 7.3 bp −$7 | 10.1 bp −$101 | 19.6 bp −$1,956 | 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 | −0.3042% | 1h | 1,458 | −0.296% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.9 | −0.372% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDTshort | −0.0071% | 8h | 1,457.1 | −0.356% | $29.4M | $70.6M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.6 | −0.186% | $411K | $35K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,456.6 | −0.394% | $83K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.8 | −0.377% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,457 | −0.362% | $291K | $940K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0085% / S −0.0036% | 1h | 1,457.1 | −0.357% | $434K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.4 | −0.402% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,461 | −0.088% | $14K | $817K | 10x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,460.8 | −0.104% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.8 | −0.380% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,460.6 | −0.115% | $14.6M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,461 | −0.089% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,460.8 | −0.104% | $672.3M | $2.19B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,460.2 | −0.148% | $261.5M | $594.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,460.4 | −0.128% | $179.3M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,456.9 | −0.370% | $396K | $434K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.9 | −0.303% | $881K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,460.5 | −0.126% | $51.5M | $172.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,460.9 | −0.100% | $219.9M | $771.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460.9 | −0.099% | $103.0M | $53.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,461 | −0.093% | $166.2M | $268.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,460 | −0.161% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,455.5 | −0.469% | $47.7M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.2 | −0.420% | $567K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.6 | −0.394% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,456.4 | −0.403% | $402K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,458 | −0.298% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.8 | −0.377% | $354K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.1 | −0.356% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,455.9 | −0.437% | $444K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459.4 | −0.199% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457 | −0.363% | $233K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,456.7 | −0.385% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.3 | −0.341% | $3.8M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.6 | −0.117% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.6 | −0.391% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,457.6 | −0.326% | $4.6M | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,462.3 | 0.000% | $2.1M | $7.0M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,456.4 | −0.404% | $8K | $7K | 5x | as long as short |
| Hyperliquid ZEC | +0.0144% | 1h | 1,462.3 | −0.001% | $761.4M | $424.3M | 10x | as long as short |
| Lighter ZEClong | +0.0152% | 1h | 1,462.3 | long leg | $19.4M | $45.2M | 20x | |
| Kalshi KXZECPERP | +0.0178% | 8h | 1,457.3 | −0.342% | $1.5M | $4.4M | 2.2x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0204% | 1h | 1,457.7 | −0.314% | $2.4M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,460.8 | −0.102% | $924K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0324% | 1h | 1,457.9 | −0.304% | $614K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,457 | −0.367% | $18.1M | $45.2M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,461.9 | −0.029% | $698K | $8.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,458.8 | −0.238% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0679% | 1h | 1,457.2 | −0.353% | $45K | $49K | 10x | as long as short |
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
Phoenix ZEC
Lighter RH ZEC
01 Exchange ZECUSD
Hyperliquid ZEC
Kalshi KXZECPERP
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD