Funding you earn now, next payment 07:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h +0.026%
Price spread now: Lighter RH against Lighter+0.004%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$90.087% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.004%, 7d avg +0.001%
=Together, before fees−0.192%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,478.4 | 0.0304 | pay 0.0038% / 1h | 27m 07s | $19.4M | $45.8M | 20x |
| Short | Lighter RH ZEC | 1,478.5 | 0.0248 | get 0.0031% / 1h | 27m 07s | $2.1M | $7.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$11.76
- Price spread: +0.004% → +0.001%
- $0.32
- Slippage, 4 orders
- −$8.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$20.17
- Costs to cover
- 0.087%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 12 min ago; Lighter RH: live order book, 2 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, 12 min ago | 1.13 bp | 1.1 bp −$1 | 2.2 bp −$22 | 16.8 bp −$1,680 | 81.9 bp −$40.9K |
| Sell Lighter RH live order book, 2 min ago | 2.44 bp | 3.5 bp −$3 | 5.6 bp −$56 | doesn't fit | 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 | −0.3684% | 1h | 1,462 | −1.106% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0166% | 1h | 1,477.1 | −0.087% | $892K | $9K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0126% | 8h | 1,476.8 | −0.109% | $30.4M | $73.8M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,477 | −0.097% | $17.9M | $46.8M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,476.8 | −0.109% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,476.5 | −0.131% | $410K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,477.5 | −0.063% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,476 | −0.162% | $63K | $303K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,475.6 | −0.190% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,476.6 | −0.124% | $297K | $1.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps ZECUSD | +0.0088% | 1h | 1,477.1 | −0.086% | $47K | $64K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,477.2 | −0.080% | $165K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,476.7 | −0.117% | $10K | $871K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,477.3 | −0.072% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,476.4 | −0.135% | $13.8M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,476.8 | −0.104% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,477 | −0.092% | $688.0M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476.3 | −0.141% | $263.7M | $632.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,476.5 | −0.128% | $178.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,475.2 | −0.216% | $403K | $508K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,477 | −0.092% | $54.3M | $183.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,476.9 | −0.098% | $240.7M | $784.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,477.1 | −0.090% | $101.0M | $57.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,476.7 | −0.113% | $158.9M | $288.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,476.9 | −0.102% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,477.4 | −0.067% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,477.6 | −0.052% | $48.1M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,477.5 | −0.058% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,478.3 | −0.003% | $3.0M | $498K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.6 | −0.120% | $406K | $936K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,475.9 | −0.169% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,476.6 | −0.121% | $355K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,477.1 | −0.087% | $162K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.337% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,478.8 | +0.027% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,476.7 | −0.113% | $251K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,476.7 | −0.112% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,477.3 | −0.073% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,476.7 | −0.113% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,476.8 | −0.104% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,476.7 | −0.117% | $42K | $152K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,477.2 | −0.080% | $924K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,478.9 | +0.033% | $4.7M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,477.3 | −0.074% | $8K | $7K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0145% / S −0.0154% | 1h | 1,476.9 | −0.100% | $478K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0214% | 1h | 1,477.6 | −0.053% | $675K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,478.7 | +0.019% | $637K | $8.6M | 10x | as long as short |
| Lighter RH ZECshort | +0.0248% | 1h | 1,478.5 | +0.004% | $2.1M | $7.4M | 10x | |
| Hyperliquid ZEC | +0.0251% | 1h | 1,478.1 | −0.019% | $766.9M | $442.4M | 10x | as long as short |
| Lighter ZEClong | +0.0304% | 1h | 1,478.4 | long leg | $19.4M | $45.8M | 20x | |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,477.9 | −0.030% | $3.6M | $9.9M | 50x | as long as short |
Lighter ZEC
Lighter RH ZEC
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Aftermath Perps ZECUSD
Popdex ZECUSDT
Katana Perps ZEC-USD
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Paradex ZEC-USD-PERP
Extended ZEC-USD
RISEx ZEC/USDC
Phoenix ZEC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Hyperliquid ZEC
Coinbase International ZEC-PERP-INTX