Funding you earn now, next payment 05:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h −0.018%
Price spread now: StandX against Lighter−0.045%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$180.185% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 7 days−0.035%−$4 · spread now −0.045%, 7d avg −0.060%
=Together, before fees−0.226%+ Points / potential airdropLighter: Season 3 · StandX: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.060%, 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 | 1,461.2 | 0.0160 | pay 0.0020% / 1h | 20m 13s | $19.4M | $45.2M | 20x |
| Short | StandX ZEC-USD | 1,460.5 | 0.0100 | get 0.0013% / 1h | 20m 13s | $49K | $4.7M | 30x |
Lighter ZEC
StandX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$12.6
- Price spread: −0.045% → −0.060%
- $1.56
- Slippage, 4 orders
- −$10.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$29.52
- Costs to cover
- 0.185%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; StandX: 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, 4 min ago | 0.74 bp | 1.3 bp −$1 | 2.5 bp −$25 | 8.8 bp −$883 | 60.9 bp −$30.4K |
| Sell StandX live order book, 4 min ago | 3.81 bp | 8.3 bp −$8 | 10.4 bp −$104 | 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 | −0.3042% | 1h | 1,441.9 | −1.321% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461 | −0.015% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,460 | −0.082% | $29.5M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,461 | −0.015% | $411K | $35K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,459.7 | −0.099% | $83K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,459.6 | −0.110% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,459.8 | −0.092% | $292K | $927K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0085% / S −0.0036% | 1h | 1,459.6 | −0.107% | $434K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,460.8 | −0.026% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,461 | −0.010% | $14K | $810K | 10x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
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 | 1,461.7 | +0.038% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,461.4 | +0.015% | $2.8M | $6.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,460 | −0.079% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,461.5 | +0.022% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,459.7 | −0.101% | $671.5M | $2.18B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,459.2 | −0.137% | $261.2M | $589.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,459.7 | −0.102% | $179.1M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,456.9 | −0.293% | $396K | $434K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.9 | −0.225% | $881K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,459.6 | −0.110% | $51.7M | $172.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,460.3 | −0.059% | $219.7M | $771.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460.3 | −0.061% | $103.0M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460 | −0.078% | $165.9M | $268.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,459.6 | −0.108% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,459.8 | −0.096% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.5 | −0.252% | $567K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.6 | −0.316% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457.2 | −0.275% | $402K | $943K | 50x | as long as short |
| StandX ZEC-USDshort | +0.0100% | 1h | 1,460.5 | −0.045% | $49K | $4.7M | 30x | |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,460.3 | −0.060% | $355K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,459.5 | −0.115% | $161K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,458.8 | −0.160% | $445K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,463.1 | +0.133% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,459.9 | −0.090% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,459 | −0.147% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,460.5 | −0.046% | $3.8M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,459.8 | −0.096% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,459.4 | −0.123% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,457.6 | −0.248% | $4.6M | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,461.1 | −0.004% | $2.1M | $7.0M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,461.7 | +0.035% | $8K | $7K | 5x | as long as short |
| Hyperliquid ZEC | +0.0144% | 1h | 1,461.7 | +0.036% | $761.4M | $424.5M | 10x | as long as short |
| Lighter ZEClong | +0.0160% | 1h | 1,461.2 | long leg | $19.4M | $45.2M | 20x | |
| Kalshi KXZECPERP | +0.0192% | 8h | 1,460 | −0.082% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,461.4 | +0.018% | $924K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0218% | 1h | 1,461.2 | +0.003% | $2.4M | $3.8M | 15x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0241% | 1h | 1,460.6 | −0.042% | $615K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0332% | 1h | 1,459.7 | −0.099% | $18.1M | $45.1M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,462.6 | +0.096% | $688K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,462.1 | +0.062% | $3.8M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0677% | 1h | 1,458.6 | −0.179% | $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
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
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD