Funding you earn now, next payment 05:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.036%
Price spread now: HTX against Lighter RH−0.163%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.238% of the position
Funding, last 7 days−0.443%−$44 on $10k
+Price spread, last 4 days (all we have)+0.455%+$46 · spread now −0.163%, 7d avg −0.107%
=Together, before fees+0.012%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.056% cheaper against Lighter RH than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.107%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,466.1 | 0.0128 | pay 0.0016% / 1h | 7m 21s | $2.1M | $7.0M | 10x |
| Short | HTX ZEC-USDT | 1,463.7 | 0.0100 | get 0.0100% / 8h | 3h 07m | $2.7M | $18.2M | 75x |
Lighter RH ZEC
HTX ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$5.88
- Price spread: −0.163% → −0.107%
- −$5.58
- Slippage, 4 orders
- −$11.8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$35.25
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; HTX: 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 | 0.99 bp | 2.6 bp −$3 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 0.17 bp | 10.1 bp −$10 | 14.3 bp −$143 | 35.0 bp −$3,503 | 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 | 1,464.1 | −0.136% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,464.7 | −0.095% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,462.6 | −0.239% | $29.6M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,464.8 | −0.086% | $407K | $37K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.2 | −0.197% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.9 | −0.148% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,464.3 | −0.117% | $293K | $900K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0070% | 1h | 1,462.1 | −0.269% | $397K | $436K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0089% / S −0.0040% | 1h | 1,463.6 | −0.167% | $437K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0094% | 1h | 1,465 | −0.074% | $617K | $1.3M | 25x | 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
Ondo Perps ZEC-USD.P
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,464 | −0.138% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,465 | −0.069% | $14K | $801K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,464.2 | −0.129% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,464.4 | −0.111% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.9 | −0.145% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,464.7 | −0.095% | $1.7M | $2.3M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.9 | −0.149% | $673.7M | $2.16B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,463.6 | −0.165% | $262.3M | $586.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,463.7 | −0.160% | $179.3M | $1.20B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.6 | −0.371% | $882K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,464 | −0.137% | $52.3M | $173.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464 | −0.142% | $219.1M | $775.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.5 | −0.104% | $103.2M | $53.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.2 | −0.126% | $166.3M | $267.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,463.4 | −0.184% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,464.4 | −0.112% | $48.0M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.3 | −0.190% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.7 | −0.159% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463 | −0.205% | $404K | $920K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,464.4 | −0.115% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,464 | −0.140% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.5 | −0.171% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.4 | −0.180% | $447K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.9 | +0.060% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.4 | −0.111% | $234K | $3.1M | 10x | as long as short |
| HTX ZEC-USDTshort | +0.0100% | 8h | 1,463.7 | −0.163% | $2.7M | $18.2M | 75x | |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.2 | −0.124% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464 | −0.139% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,464.3 | −0.122% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,464.7 | −0.090% | $4.7M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,464.5 | −0.105% | $8K | $7K | 5x | as long as short |
| Lighter RH ZEClong | +0.0128% | 1h | 1,466.1 | long leg | $2.1M | $7.0M | 10x | |
| Hyperliquid ZEC | +0.0148% | 1h | 1,465.2 | −0.058% | $763.5M | $419.4M | 10x | as long as short |
| Kalshi KXZECPERP | +0.0166% | 8h | 1,463.7 | −0.160% | $1.5M | $4.4M | 2.2x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,464.9 | −0.075% | $19.3M | $45.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,464.2 | −0.125% | $926K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0303% | 1h | 1,465.3 | −0.052% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,464.3 | −0.117% | $18.0M | $45.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,465.4 | −0.043% | $675K | $8.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,465.9 | −0.008% | $3.8M | $8.9M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0683% | 1h | 1,463.8 | −0.156% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
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
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
01 Exchange ZECUSD
Hyperliquid ZEC
Kalshi KXZECPERP
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD