Funding you earn now, next payment 20:00 UTC−0.0124%/8hnext payment −$0.15 per $10,000 · paid last 24h +0.076%
Price spread now: Hyperliquid against Lighter RH−0.087%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$150.145% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days+0.095%+$10 · spread now −0.087%, 7d avg −0.034%
=Together, before fees+0.149%+ Points / potential airdropLighter RH: Points live · Hyperliquid: Season 2 · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hyperliquid is 0.053% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,474.5 | 0.0224 | pay 0.0028% / 1h | 6m 35s | $1.8M | $7.7M | 10x |
| Short | Hyperliquid ZEC | 1,473.2 | 0.0100 | get 0.0013% / 1h | 6m 35s | $768.5M | $558.9M | 10x |
Lighter RH ZEC
Hyperliquid ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- −$26.04
- Price spread: −0.087% → −0.034%
- −$5.28
- Slippage, 4 orders
- −$5.54
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$45.86
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; Hyperliquid: live order book, 12 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 | 1.63 bp | 1.8 bp −$2 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.34 bp | 6.2 bp −$6 | 8.1 bp −$81 | 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 | −0.3655% | 1h | 1,460.2 | −0.967% | $34K | $159K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0435% | 1h | 1,472.2 | −0.152% | $17.9M | $46.1M | 25x | as long as short |
| ApeX Omni ZECUSDT | −0.0326% | 1h | 1,470 | −0.300% | $958K | $431K | 50x | as long as short |
| Variational Omni ZEC | −0.0146% | 8h | 1,470.7 | −0.254% | $48.1M | $31.1M | — | as long as short |
| Bybit ZECUSDT | −0.0141% | 8h | 1,472.4 | −0.142% | $275.6M | $719.2M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0086% | 8h | 1,472.1 | −0.157% | $30.1M | $78.9M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.7 | −0.121% | $6K | $2K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0069% | 1h | 1,473.3 | −0.079% | $399K | $572K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | −0.0014% | 8h | 1,472.6 | −0.125% | $284K | $1.7M | 20x | as long as short |
| 01 Exchange ZECUSD | −0.0008% | 1h | 1,473.5 | −0.068% | $9K | $10K | 5x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
ApeX Omni ZECUSDT
Variational Omni ZEC
Bybit ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Orderly PERP_ZEC_USDC
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZEC-USDT-SWAP | −0.0004% | 8h | 1,472.7 | −0.121% | $177.1M | $1.45B | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.8 | −0.047% | $415K | $107K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,473.2 | −0.087% | $979K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472.6 | −0.128% | $80K | $436K | 10x | as long as short |
| Aster ZECUSDT | 0.0000% | 8h | 1,472.8 | −0.113% | $15.0M | $36.1M | 75x | as long as short |
| Gate ZEC_USDT | +0.0005% | 8h | 1,472.7 | −0.117% | $51.1M | $196.9M | 75x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,473.2 | −0.088% | $5.2M | — | 150x | as long as short |
| Phoenix ZEC | +0.0012% | 1h | 1,472.4 | −0.142% | $4.7M | $1.7M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0033% | 8h | 1,472.8 | −0.111% | $226.9M | $979.0M | 150x | as long as short |
| Binance ZECUSDT | +0.0035% | 8h | 1,472.8 | −0.113% | $674.6M | $2.67B | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0071% / S +0.0044% | 1h | 1,472.9 | −0.103% | $577K | — | 100x | as long as short |
| Polymarket Perps ZEC-USD | +0.0074% | 1h | 1,472.2 | −0.153% | $321K | $2.5M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0088% | 1h | 1,472.4 | −0.141% | $37K | $362K | 20x | as long as short |
| Katana Perps ZEC-USD | +0.0091% | 8h | 1,473.1 | −0.093% | $12K | $889K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0091% | 1h | 1,473.2 | −0.085% | $576K | $1.3M | 25x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.7 | −0.117% | $176K | $2.1M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,472.8 | −0.114% | $61K | $37K | 10x | as long as short |
| RISEx ZEC/USDC | +0.0100% | 1h | 1,473.5 | −0.063% | $853K | $2.6M | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.2 | −0.085% | $3.1M | $7.3M | 10x | as long as short |
| Hyperliquid ZECshort | +0.0100% | 1h | 1,473.2 | −0.087% | $768.5M | $558.9M | 10x | |
| Pacifica ZEC | +0.0100% | 1h | 1,473.2 | −0.088% | $1.6M | $3.3M | 10x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,474.8 | +0.023% | $731K | $7.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,476.1 | +0.110% | $909K | $21K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.9 | −0.104% | $103.6M | $62.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.9 | −0.109% | $170.6M | $331.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,472.5 | −0.134% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,473.3 | −0.081% | $2.4M | $3.8M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,473.3 | −0.076% | $494K | $10.4M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.2 | −0.156% | $3.0M | $510K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473.9 | −0.035% | $110K | $4.8M | 30x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.7 | −0.117% | $128K | $162K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.9 | −0.240% | $447K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,476.5 | +0.136% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.2 | −0.153% | $224K | $5.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473 | −0.098% | $2.4M | $28.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.7 | −0.123% | $3.8M | $6.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.9 | −0.108% | $3.2M | $4.6M | 10x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,474.2 | −0.018% | $19.5M | $59.4M | 20x | as long as short |
| Lighter RH ZEClong | +0.0224% | 1h | 1,474.5 | long leg | $1.8M | $7.7M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0384% | 1h | 1,475 | +0.035% | $3.8M | $12.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0512% | 1h | 1,473.6 | −0.059% | $39K | $33K | 10x | as long as short |
OKX ZEC-USDT-SWAP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Aster ZECUSDT
Gate ZEC_USDT
gTrade (Gains Network) ZEC/USD
Phoenix ZEC
MEXC ZEC_USDT
Binance ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Polymarket Perps ZEC-USD
Aevo ZEC-PERP
Katana Perps ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Popdex ZECUSDT
Paradex ZEC-USD-PERP
RISEx ZEC/USDC
Nado ZEC-PERP
Pacifica ZEC
Arcus ZEC-USD
Bulk ZEC-USD
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD