Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ZEC1,463.80.0560pay 0.0070% / 1h4m 20s$2.0M$8.5M10x
ShortPacifica ZEC1,462.10.0100get 0.0013% / 1h4m 20s$1.6M$3.0M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 4 min ago1.68 bp2.0 bp −$26.4 bp −$64doesn't fitdoesn't fit
Sell Pacifica live order book, 5 min ago0.92 bp6.6 bp −$7doesn't fitdoesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3476%1h1,446.2−1.208%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0091%8h1,460−0.260%$28.9M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.6−0.150%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,461.6−0.154%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0033%8h1,461.8−0.138%$270.0M$678.2M75xas long as short
Variational Omni ZEC−0.0014%8h1,458.9−0.338%$45.7M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,460.9−0.204%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,462−0.127%$935K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,461.3−0.172%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,462.4−0.097%$595K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462−0.125%$5.2M150xas long as short
Ondo Perps ZEC-USD.P+0.0011%1h1,457.9−0.406%$396K$515K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0014% / S +0.0075%1h1,461.9−0.131%$559K100xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,461.7−0.145%$293K$1.5M20xas long as short
01 Exchange ZECUSD+0.0040%1h1,462−0.128%$8K$8K5xas long as short
Gate ZEC_USDT+0.0056%8h1,461.7−0.146%$49.9M$191.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,462−0.124%$174.9M$1.37B50xas long as short
Katana Perps ZEC-USD+0.0095%8h1,461.9−0.135%$13K$862K10xas long as short
Lighter ZEC+0.0096%1h1,463.3−0.037%$18.9M$54.8M20xas long as short
Popdex ZECUSDT+0.0096%1h1,461.5−0.157%$174K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461.6−0.153%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.2−0.111%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.6−0.085%$758.1M$494.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.6−0.152%$15.4M$33.8M75xas long as short
Pacifica ZECshort+0.0100%1h1,462.1−0.116%$1.6M$3.0M10x
Binance ZECUSDT+0.0100%8h1,461.8−0.138%$668.6M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.7−0.146%$222.1M$900.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461.6−0.150%$103.2M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.9−0.133%$161.7M$312.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,460.7−0.212%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,461.9−0.135%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,458.9−0.340%$508K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.2−0.316%$3.0M$492K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,460.1−0.253%$429K$815K50xas long as short
StandX ZEC-USD+0.0100%1h1,461.7−0.150%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,461.6−0.153%$343K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461.5−0.158%$128K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.3−0.238%$446K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.7−0.011%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.7−0.143%$222K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.3−0.171%$2.4M$24.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,461.6−0.156%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.488%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,462−0.124%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,462.2−0.110%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,461.7−0.149%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,462.3−0.108%$844K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,464+0.013%$3.7M$11.7M50xas long as short
Aftermath Perps ZECUSD+0.0493%1h1,460.8−0.210%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,462.5−0.095%$742K$8.0M10xas long as short
Lighter RH ZEClong+0.0560%1h1,463.8long leg$2.0M$8.5M10x