After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.116%7d average−0.038%fees + slippage, in and out−$36spread needed0.361%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,498.6 | 0.0104 | pay 0.0013% / 1h | 53m 49s | $1.8M | $8.2M | 10x |
| Short | Phemex ZECUSDT | 1,496.8 | 0.0100 | get 0.0100% / 8h | 6h 53m | $3.9M | $6.6M | 50x |
Lighter RH ZEC
Phemex ZECUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$11.61
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$24.11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$47.84
- Spread needed to break even
- 0.361%
Slippage from Lighter RH: live order book, 1 min ago; Phemex: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 | 1.27 bp | 2.9 bp −$3 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 5.04 bp | 18.5 bp −$19 | 31.3 bp −$313 | doesn't fit | doesn't fit |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.Bitget1,493.8cheapestOndo Perps1,494.6+0.052%ApeX Omni1,495.1+0.086%Derive1,495.7+0.123%Bybit1,495.8+0.132%OKX1,496.1+0.155%Aevo1,496.2+0.162%MEXC1,496.3+0.165%Binance1,496.3+0.166%Gate1,496.4+0.173%BingX1,496.4+0.175%Bulk1,496.5+0.181%Aster1,496.5+0.181%Kalshi1,496.6+0.183%Perpl1,496.6+0.184%Variational Omni1,496.6+0.186%SoDEX1,496.6+0.186%Paradex1,496.6+0.187%KuCoin1,496.7+0.191%Kraken Futures1,496.7+0.192%Bullet1,496.7+0.192%Hotstuff1,496.7+0.193%
Bitget
Ondo Perps
ApeX Omni
Derive
Bybit
OKX
Aevo
MEXC
Binance
Gate
BingX
Bulk
Aster
Perpl
Variational Omni
SoDEX
Paradex
KuCoin
Kraken Futures
Bullet
HotstuffPhemex1,496.8+0.201%
Polymarket Perps1,496.9+0.206%Orderly1,497.1+0.216%Popdex1,497.1+0.221%HTX1,497.1+0.221%Katana Perps1,497.2+0.224%BloFin1,497.3+0.230%Backpack1,497.3+0.232%Hyperliquid1,497.3+0.233%Pacifica1,497.4+0.242%Extended1,497.4+0.242%Nado1,497.4+0.243%01 Exchange1,497.5+0.244%StandX1,497.5+0.245%RISEx1,497.5+0.249%dYdX1,497.5+0.249%GMX1,497.6+0.250%Phoenix1,497.7+0.260%gTrade (Gains Network)1,497.7+0.261%Deribit1,497.9+0.275%edgeX1,497.9+0.276%Aftermath Perps1,498+0.279%Lighter1,498.1+0.287%
Polymarket Perps
Orderly
Popdex
HTX
Katana Perps
BloFin
Backpack
Hyperliquid
Pacifica
Extended
Nado
StandX
RISEx
dYdX
GMX
Phoenix
gTrade (Gains Network)
Deribit
LighterLighter RH1,498.6+0.318%
Arcus1,498.9+0.343%Injective1,499.2+0.358%Coinbase International1,499.2+0.359%SunX1,499.7+0.394%
Arcus
Injective
Coinbase International
SunXZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ZECUSDT | −0.317% | +0.0009% | 8h | $172.0M | $330.5M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.265% | −0.0257% | 1h | $407K | $759K | 5x | as long as short |
| ApeX Omni ZECUSDT | −0.231% | −0.0225% | 1h | $989K | $349K | 50x | as long as short |
| Derive ZEC-PERP | −0.194% | +0.0100% | 1h | $464K | $476K | 6.7x | as long as short |
| Bybit ZECUSDT | −0.186% | −0.0265% | 8h | $292.0M | $761.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | −0.163% | −0.0008% | 8h | $185.1M | $1.60B | 50x | as long as short |
| Aevo ZEC-PERP | −0.155% | +0.0080% | 1h | $39K | $362K | 20x | as long as short |
| MEXC ZEC_USDT | −0.153% | 0.0000% | 8h | $219.7M | $968.9M | 150x | as long as short |
| Binance ZECUSDT | −0.151% | 0.0000% | 8h | $701.8M | $2.82B | 75x | as long as short |
| Gate ZEC_USDT | −0.145% | −0.0024% | 8h | $52.7M | $210.0M | 75x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ZEC-USDT | −0.142% | +0.0007% | 8h | — | $123.8M | — | as long as short |
| Bulk ZEC-USD | −0.137% | +0.0100% | 1h | $912K | $34K | 10x | as long as short |
| Aster ZECUSDT | −0.136% | −0.0034% | 8h | $15.3M | $37.3M | 75x | as long as short |
| Kalshi KXZECPERP | −0.135% | 0.0000% | 8h | $870K | $6.2M | 2.2x | as long as short |
| Perpl ZEC | −0.133% | 0.0000% | 43m | $78K | $387K | 10x | as long as short |
| Variational Omni ZEC | −0.132% | −0.0055% | 8h | $48.8M | $32.3M | — | as long as short |
| SoDEX ZEC-USD | −0.131% | −0.0089% | 1h | $227K | $5.4M | 10x | as long as short |
| Paradex ZEC-USD-PERP | −0.131% | +0.0094% | 8h | $62K | $38K | 10x | as long as short |
| KuCoin ZECUSDTM | −0.127% | +0.0100% | 8h | $105.3M | $69.2M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.126% | −0.0508% | 1h | $18.2M | $43.6M | 25x | as long as short |
| Bullet ZEC-USD | −0.125% | +0.0032% | 1h | $52K | $116K | 20x | as long as short |
| Hotstuff ZEC-PERP | −0.125% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| Phemex ZECUSDTshort | −0.116% | +0.0100% | 8h | $3.9M | $6.6M | 50x | |
| Polymarket Perps ZEC-USD | −0.111% | +0.0100% | 1h | $325K | $3.3M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | −0.101% | −0.0023% | 8h | $269K | $1.6M | 20x | as long as short |
| Popdex ZECUSDT | −0.097% | +0.0096% | 1h | $179K | $2.2M | 50x | as long as short |
| HTX ZEC-USDT | −0.097% | +0.0100% | 8h | $2.6M | $31.1M | 75x | as long as short |
| Katana Perps ZEC-USD | −0.093% | +0.0100% | 8h | $13K | $1.0M | 10x | as long as short |
| BloFin ZEC-USDT | −0.087% | −0.0119% | 8h | $31.6M | $81.0M | 75x | as long as short |
| Backpack ZEC_USDC_PERP | −0.086% | +0.0100% | 1h | $2.3M | $3.6M | 15x | as long as short |
| Hyperliquid ZEC | −0.085% | +0.0100% | 1h | $799.3M | $648.5M | 10x | as long as short |
| Pacifica ZEC | −0.076% | +0.0100% | 1h | $1.7M | $3.6M | 10x | as long as short |
| Extended ZEC-USD | −0.076% | +0.0104% | 1h | $3.4M | $4.4M | 10x | as long as short |
| Nado ZEC-PERP | −0.075% | +0.0100% | 1h | $3.1M | $7.7M | 10x | as long as short |
| 01 Exchange ZECUSD | −0.073% | −0.0056% | 1h | $9K | $11K | 5x | as long as short |
| StandX ZEC-USD | −0.073% | +0.0100% | 1h | $111K | $3.8M | 30x | as long as short |
| RISEx ZEC/USDC | −0.069% | +0.0088% | 1h | $858K | $2.9M | 10x | as long as short |
| dYdX ZEC-USD | −0.068% | 0.0000% | 1h | $421K | $117K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | −0.068% | L +0.0116% / S +0.0006% | 1h | $570K | — | 100x | as long as short |
| Phoenix ZEC | −0.057% | 0.0000% | 1h | $4.7M | $1.7M | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | −0.057% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | −0.043% | 0.0000% | 1h | $586K | $1.4M | 25x | as long as short |
| edgeX ZECUSDC | −0.042% | +0.0100% | 4h | $505K | $10.6M | 20x | as long as short |
| Aftermath Perps ZECUSD | −0.039% | +0.0315% | 1h | $36K | $27K | 10x | as long as short |
| Lighter ZEC | −0.031% | +0.0096% | 1h | $19.8M | $61.2M | 20x | as long as short |
| Lighter RH ZEClong | 0.000% | +0.0104% | 1h | $1.8M | $8.2M | 10x | |
| Arcus ZEC-USD | +0.025% | +0.0100% | 1h | $697K | $6.4M | 10x | as long as short |
| Injective ZEC/USDC PERP | +0.040% | −0.3792% | 1h | $35K | $13K | 12x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.041% | +0.0320% | 1h | $3.9M | $13.5M | 50x | as long as short |
| SunX ZEC-USDT | +0.075% | +0.0100% | 8h | $3K | $1.3M | 20x | as long as short |