Funding you earn now, next payment 23:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.018%
Price spread now: edgeX against Lighter RH−0.573%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$160.159% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.548%+$55 · spread now −0.573%, 7d avg −0.124%
=Together, before fees+0.536%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and edgeX is 0.449% cheaper against Lighter RH than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of −0.124%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,468.3 | 0.0400 | pay 0.0050% / 1h | 47m 18s | $2.0M | $8.2M | 10x |
| Short | edgeX ZECUSDC | 1,459.8 | 0.0100 | get 0.0050% / 4h | 1h 47m | $509K | $9.5M | 20x |
Lighter RH ZEC
edgeX ZECUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter RH. 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
- −$63
- Price spread: −0.573% → −0.124%
- −$44.87
- Slippage, 4 orders
- −$6.91
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$123.79
- Costs to cover
- 0.159%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; edgeX: 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 RH live order book, 1 min ago | 2.29 bp | 3.2 bp −$3 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 0.44 bp | 5.4 bp −$5 | 11.8 bp −$118 | 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 | −0.3310% | 1h | 1,462.9 | −0.362% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,467.8 | −0.030% | $17.8M | $44.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0106% | 1h | 1,459.3 | −0.610% | $397K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0098% | 8h | 1,463.6 | −0.315% | $29.2M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.4 | −0.129% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0045% | 8h | 1,467.1 | −0.078% | $271.1M | $676.1M | 75x | as long as short |
| Variational Omni ZEC | −0.0023% | 8h | 1,459.1 | −0.621% | $46.4M | $34.1M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,465.5 | −0.188% | $413K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,464.8 | −0.238% | $889K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.3 | −0.133% | $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 | 1,467.2 | −0.070% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0079% | 1h | 1,467.1 | −0.076% | $542K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,467.2 | −0.069% | $294K | $1.5M | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0039% | 1h | 1,463.4 | −0.330% | $430K | $818K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,467.4 | −0.059% | $175.6M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.523% | $899K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0061% | 8h | 1,467 | −0.082% | $49.8M | $184.0M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,466.7 | −0.104% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,459.6 | −0.588% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,466.5 | −0.119% | $14K | $864K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,467.7 | −0.041% | $19.0M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.2 | −0.142% | $174K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,466.2 | −0.141% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,466.7 | −0.106% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.1 | −0.078% | $760.0M | $489.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.3 | −0.134% | $15.4M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,466.7 | −0.106% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.3 | −0.065% | $673.0M | $2.51B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.4 | −0.125% | $222.5M | $853.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466.2 | −0.140% | $103.2M | $56.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.4 | −0.058% | $162.7M | $309.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,466.4 | −0.129% | — | $6.7M | — | as long as short |
| edgeX ZECUSDCshort | +0.0100% | 4h | 1,459.8 | −0.573% | $509K | $9.5M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.9 | −0.636% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,463.3 | −0.338% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.4 | −0.126% | $345K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.3 | −0.134% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.8 | −0.168% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,468.6 | +0.022% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.5 | −0.049% | $223K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,465 | −0.221% | $2.4M | $24.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.4 | −0.059% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.6 | −0.045% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.5 | −0.048% | $37K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,466.7 | −0.107% | $843K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0206% | 1h | 1,466 | −0.151% | $2.3M | $4.0M | 15x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0213% | 1h | 1,468.4 | +0.010% | $597K | $1.3M | 25x | as long as short |
| Lighter RH ZEClong | +0.0400% | 1h | 1,468.3 | long leg | $2.0M | $8.2M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,468.5 | +0.020% | $3.7M | $11.7M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,467.1 | −0.078% | $736K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0524% | 1h | 1,464.3 | −0.268% | $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
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD