Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.029%
Price spread now: Paradex against Lighter−0.101%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 · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.101% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZEC | 1,467.7 | 0.0096 | pay 0.0012% / 1h | 47m 28s | $19.0M | $52.4M | 20x |
| Short | Paradex ZEC-USD-PERP | 1,466.2 | 0.0100 | get 0.0100% / 8h | 1h 47m | $60K | $39K | 10x |
Lighter ZEC
Paradex ZEC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $0.8
- Price spread: −0.101% → 0.000%
- −$10.06
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$13.25
- Costs to cover
- 0.040%
- Break-even
- 122.7 days
Slippage unknown: Lighter: live order book, 6 min ago; Paradex: 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, 6 min ago | 0.38 bp | 0.4 bp $0 | 1.9 bp −$19 | 9.9 bp −$990 | 66.8 bp −$33.4K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 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 | 1,462.9 | −0.321% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,465.4 | −0.151% | $17.8M | $44.6M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0106% | 1h | 1,459.3 | −0.569% | $397K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0098% | 8h | 1,463.6 | −0.274% | $29.2M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.4 | −0.088% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0045% | 8h | 1,465.4 | −0.156% | $270.8M | $675.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0023% | 8h | 1,459.1 | −0.581% | $46.4M | $34.1M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,465.5 | −0.147% | $413K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,464.8 | −0.198% | $889K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.3 | −0.093% | $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 | 1,464.5 | −0.215% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0078% | 1h | 1,464.3 | −0.228% | $560K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,465.1 | −0.171% | $293K | $1.5M | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0039% | 1h | 1,463.4 | −0.290% | $430K | $818K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,466 | −0.115% | $175.7M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.483% | $899K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0061% | 8h | 1,466.3 | −0.094% | $49.8M | $183.9M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,466.7 | −0.063% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,459.6 | −0.547% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,466.5 | −0.078% | $14K | $864K | 10x | as long as short |
| Lighter ZEClong | +0.0096% | 1h | 1,467.7 | long leg | $19.0M | $52.4M | 20x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.2 | −0.101% | $174K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERPshort | +0.0100% | 8h | 1,466.2 | −0.101% | $60K | $39K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,466.7 | −0.065% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.1 | −0.038% | $760.0M | $489.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.2 | −0.098% | $15.4M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,466.7 | −0.066% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466 | −0.114% | $672.4M | $2.51B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.3 | −0.093% | $221.1M | $853.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466.5 | −0.079% | $103.2M | $56.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.4 | −0.085% | $162.6M | $308.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,466 | −0.115% | — | $103.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.8 | −0.532% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.9 | −0.596% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,463.3 | −0.298% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.4 | −0.085% | $345K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.3 | −0.093% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.6 | −0.279% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.4 | −0.088% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,465.4 | −0.157% | $222K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,465 | −0.181% | $2.4M | $24.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,465.5 | −0.145% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.5 | −0.080% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,465.1 | −0.172% | $37K | $367K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0112% | 1h | 1,466.3 | −0.092% | $597K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,466.7 | −0.066% | $843K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0206% | 1h | 1,466 | −0.110% | $2.3M | $4.0M | 15x | as long as short |
| Lighter RH ZEC | +0.0400% | 1h | 1,468.3 | +0.041% | $2.0M | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,466.8 | −0.057% | $3.7M | $11.7M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,467.1 | −0.037% | $736K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0521% | 1h | 1,463.6 | −0.274% | $40K | $34K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
Katana Perps ZEC-USD
Popdex ZECUSDT
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
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
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD