Funding you earn now, next payment 12:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.066%
Price spread now: Hotstuff against Lighter−1.404%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 1.404% cheaper against Lighter than usual: you would sell low and buy high (−$140 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,535.9 | 0.0096 | pay 0.0012% / 1h | 8m 06s | $20.0M | $39.7M | 20x |
| Short | Hotstuff ZEC-PERP | 1,514.4 | −0.0080 | pay 0.0010% / 1h | 8m 06s | $6K | $1K | 10x |
Lighter ZEC
Hotstuff ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$36.96
- Price spread: −1.404% → 0.000%
- −$140.43
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$182.39
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Hotstuff: no order-book sample. Net counts fees only.
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, 4 min ago | 2.12 bp | 2.1 bp −$2 | 3.2 bp −$32 | 24.6 bp −$2,462 | 92.7 bp −$46.4K |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZEC on 51 exchanges
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 | −0.3418% | 1h | 1,497.6 | −2.497% | $37K | $267K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,533 | −0.191% | $64K | $293K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0200% | 8h | 1,531.5 | −0.289% | $32.6M | $72.3M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0085% | 1h | 1,525.4 | −0.686% | $47K | $79K | 10x | as long as short |
| Hotstuff ZEC-PERPshort | −0.0080% | 1h | 1,514.4 | −1.404% | $6K | $1K | 10x | |
| Ondo Perps ZEC-USD.P | −0.0057% | 1h | 1,517.6 | −1.194% | $413K | $489K | 5x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,533.3 | −0.169% | $422K | $30K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,532.9 | −0.195% | $1.7M | $5.1M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,534.6 | −0.086% | $5.4M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0054% | 8h | 1,534.8 | −0.072% | $314K | $656K | 20x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Ondo Perps ZEC-USD.P
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0064% | 1h | 1,524.6 | −0.736% | $4.9M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,535.7 | −0.016% | $8K | $6K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0083% | 1h | 1,534.6 | −0.085% | $902K | $1.3M | 10x | as long as short |
| Lighter ZEClong | +0.0096% | 1h | 1,535.9 | long leg | $20.0M | $39.7M | 20x | |
| Lighter RH ZEC | +0.0096% | 1h | 1,536.3 | +0.022% | $2.1M | $7.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,535 | −0.059% | $172K | $1.2M | 50x | as long as short |
| Bulk ZEC-USD | +0.0098% | 1h | 1,523.8 | −0.791% | $789K | $82K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,534.3 | −0.107% | $22K | $854K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,535.3 | −0.039% | $63K | $13K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,534.6 | −0.085% | $3.2M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,536.7 | +0.050% | $821.3M | $399.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,533.8 | −0.137% | $14.5M | $24.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,535 | −0.058% | $1.5M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,534.1 | −0.118% | $720.4M | $2.09B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,533.7 | −0.144% | $287.6M | $570.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,533.7 | −0.147% | $193.5M | $1.26B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,535.3 | −0.043% | $598K | $8.6M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,534.7 | −0.079% | $67.0M | $170.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,534.9 | −0.070% | $192.0M | $825.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,535.1 | −0.053% | $112.5M | $53.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,534.6 | −0.090% | $167.0M | $264.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,533.6 | −0.150% | — | $6.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,525.5 | −0.683% | $50.4M | $31.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,523.1 | −0.833% | $557K | $8.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,526.4 | −0.619% | $3.1M | $682K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,525.6 | −0.672% | $416K | $929K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,530.4 | −0.359% | $114K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,535 | −0.061% | $437K | $1.5M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,535.4 | −0.034% | $169K | $189K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,534.2 | −0.113% | $370K | $489K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,537.5 | +0.099% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,534.9 | −0.067% | $257K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,533.4 | −0.163% | $2.9M | $19.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,535 | −0.060% | $4.2M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,534.6 | −0.088% | $2.8M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,535.4 | −0.038% | $35K | $163K | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0154% | 1h | 1,535.6 | −0.019% | $2.2M | $3.6M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0174% | 1h | 1,535.7 | −0.014% | $19.0M | $45.7M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0215% / S −0.0235% | 1h | 1,534.9 | −0.069% | $346K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0392% | 1h | 1,535.9 | −0.003% | $4.0M | $9.3M | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0486% | 1h | 1,535.8 | −0.007% | $710K | $1.2M | 25x | as long as short |
Phoenix ZEC
01 Exchange ZECUSD
RISEx ZEC/USDC
Lighter RH ZEC
Popdex ZECUSDT
Bulk ZEC-USD
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus 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
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX
Deribit ZEC_USDC-PERPETUAL