Funding you earn now, next payment 22:00 UTC−0.0460%/8h= −50.4% APRnext payment −$0.58 per $10,000 · paid last 24h −0.013%
Price spread now: Pacifica against Lighter RH−0.116%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 7 days−0.469%−$47 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.116%, 7d avg −0.075%
=Together, before fees−0.391%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Pacifica is 0.041% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,463.8 | 0.0560 | pay 0.0070% / 1h | 4m 20s | $2.0M | $8.5M | 10x |
| Short | Pacifica ZEC | 1,462.1 | 0.0100 | get 0.0013% / 1h | 4m 20s | $1.6M | $3.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$96.6
- Price spread: −0.116% → −0.075%
- −$4.13
- Slippage, 4 orders
- −$8.99
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$117.72
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Pacifica: live order book, 5 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, 4 min ago | 1.68 bp | 2.0 bp −$2 | 6.4 bp −$64 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 5 min ago | 0.92 bp | 6.6 bp −$7 | doesn't fit | 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 | −0.3476% | 1h | 1,446.2 | −1.208% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0091% | 8h | 1,460 | −0.260% | $28.9M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461.6 | −0.150% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,461.6 | −0.154% | $17.7M | $44.7M | 25x | as long as short |
| Bybit ZECUSDT | −0.0033% | 8h | 1,461.8 | −0.138% | $270.0M | $678.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0014% | 8h | 1,458.9 | −0.338% | $45.7M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.9 | −0.204% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462 | −0.127% | $935K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,461.3 | −0.172% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,462.4 | −0.097% | $595K | $1.3M | 25x | as long as short |
Show 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 | 1,462 | −0.125% | $5.2M | — | 150x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0011% | 1h | 1,457.9 | −0.406% | $396K | $515K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0014% / S +0.0075% | 1h | 1,461.9 | −0.131% | $559K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,461.7 | −0.145% | $293K | $1.5M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,462 | −0.128% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0056% | 8h | 1,461.7 | −0.146% | $49.9M | $191.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,462 | −0.124% | $174.9M | $1.37B | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,461.9 | −0.135% | $13K | $862K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,463.3 | −0.037% | $18.9M | $54.8M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,461.5 | −0.157% | $174K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,461.6 | −0.153% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.2 | −0.111% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,462.6 | −0.085% | $758.1M | $494.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,461.6 | −0.152% | $15.4M | $33.8M | 75x | as long as short |
| Pacifica ZECshort | +0.0100% | 1h | 1,462.1 | −0.116% | $1.6M | $3.0M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,461.8 | −0.138% | $668.6M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,461.7 | −0.146% | $222.1M | $900.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,461.6 | −0.150% | $103.2M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,461.9 | −0.133% | $161.7M | $312.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,460.7 | −0.212% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,461.9 | −0.135% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,458.9 | −0.340% | $508K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.2 | −0.316% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,460.1 | −0.253% | $429K | $815K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,461.7 | −0.150% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,461.6 | −0.153% | $343K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,461.5 | −0.158% | $128K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,460.3 | −0.238% | $446K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,463.7 | −0.011% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,461.7 | −0.143% | $222K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,461.3 | −0.171% | $2.4M | $24.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,461.6 | −0.156% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.488% | $897K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,462 | −0.124% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,462.2 | −0.110% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,461.7 | −0.149% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,462.3 | −0.108% | $844K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,464 | +0.013% | $3.7M | $11.7M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0493% | 1h | 1,460.8 | −0.210% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,462.5 | −0.095% | $742K | $8.0M | 10x | as long as short |
| Lighter RH ZEClong | +0.0560% | 1h | 1,463.8 | long leg | $2.0M | $8.5M | 10x |
Lighter RH ZEC
Pacifica ZEC
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Variational Omni ZEC
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD