Funding you earn now, next payment 07:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.026%
Price spread now: Lighter against Lighter RH−0.001%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$90.087% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.001%, 7d avg −0.001%
=Together, before fees+0.189%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, 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 RH ZEC | 1,478.8 | 0.0248 | pay 0.0031% / 1h | 28m 52s | $2.1M | $7.4M | 10x |
| Short | Lighter ZEC | 1,478.8 | 0.0312 | get 0.0039% / 1h | 28m 52s | $19.4M | $45.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $13.44
- Price spread: −0.001% → −0.001%
- −$0.02
- Slippage, 4 orders
- −$8.72
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $4.7
- Costs to cover
- 0.087%
- Break-even
- 4.6 days
Slippage from Lighter RH: live order book, 5 min ago; Lighter: live order book, 10 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, 5 min ago | 2.67 bp | 3.7 bp −$4 | 6.0 bp −$60 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 1.13 bp | 1.1 bp −$1 | 2.6 bp −$26 | 17.6 bp −$1,761 | 75.5 bp −$37.7K |
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 | −0.3684% | 1h | 1,462 | −1.135% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0166% | 1h | 1,477.1 | −0.116% | $892K | $9K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0123% | 8h | 1,477 | −0.120% | $30.5M | $73.8M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,477.3 | −0.104% | $17.9M | $47.2M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,478.4 | −0.030% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,477.7 | −0.076% | $411K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,478.3 | −0.033% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,475.8 | −0.202% | $63K | $303K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,478 | −0.053% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,477 | −0.124% | $297K | $1.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,477.6 | −0.084% | $164K | $1.8M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0097% | 1h | 1,477.6 | −0.080% | $47K | $64K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,477.1 | −0.113% | $10K | $869K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,477.8 | −0.070% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,475.9 | −0.197% | $13.8M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,478.1 | −0.051% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,476.2 | −0.174% | $687.2M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476 | −0.191% | $263.3M | $632.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,476.1 | −0.186% | $178.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,475.2 | −0.244% | $403K | $508K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,476.4 | −0.164% | $54.2M | $182.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,476.3 | −0.170% | $241.1M | $784.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,476.9 | −0.132% | $101.0M | $57.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,476.4 | −0.163% | $158.8M | $288.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,477 | −0.124% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,477.7 | −0.078% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,477.6 | −0.081% | $48.1M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,477.2 | −0.112% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,478.3 | −0.031% | $3.0M | $498K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.9 | −0.131% | $406K | $935K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,479.1 | +0.019% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,477.4 | −0.095% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,477.3 | −0.101% | $162K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.366% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,479.7 | +0.057% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,477.1 | −0.118% | $251K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,476.3 | −0.170% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,477.8 | −0.071% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,477.7 | −0.075% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,476.2 | −0.175% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,477 | −0.125% | $42K | $152K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0127% | 1h | 1,477.7 | −0.072% | $675K | $1.4M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,478.5 | −0.024% | $925K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,478.9 | +0.004% | $4.7M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0143% / S −0.0148% | 1h | 1,478.1 | −0.047% | $479K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0144% | 1h | 1,477.8 | −0.068% | $8K | $7K | 5x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,479.4 | +0.041% | $633K | $8.6M | 10x | as long as short |
| Lighter RH ZEClong | +0.0248% | 1h | 1,478.8 | long leg | $2.1M | $7.4M | 10x | |
| Hyperliquid ZEC | +0.0251% | 1h | 1,478.3 | −0.034% | $767.2M | $442.3M | 10x | as long as short |
| Lighter ZECshort | +0.0312% | 1h | 1,478.8 | −0.001% | $19.4M | $45.8M | 20x | |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,479.6 | +0.054% | $3.6M | $9.9M | 50x | as long as short |
Lighter RH ZEC
Lighter ZEC
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Popdex ZECUSDT
Aftermath Perps ZECUSD
Katana Perps ZEC-USD
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Extended ZEC-USD
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Hyperliquid ZEC
Coinbase International ZEC-PERP-INTX