Funding you earn now, next payment 06:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.060%
Price spread now: Variational Omni against Lighter RH−0.206%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.084%−$8 on $10k
+Price spread, last 7 days+0.188%+$19 · spread now −0.206%, 7d avg −0.108%
=Together, before fees+0.104%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.099% cheaper against Lighter RH than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.108%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ZEC | 1,474.5 | 0.0128 | pay 0.0016% / 1h | 30m 30s | $2.1M | $7.1M | 10x |
| Short | Variational Omni ZEC | 1,471.5 | 0.0100 | get 0.0100% / 8h | 2h 30m | $48.3M | $32.4M | — |
Lighter RH ZEC
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$5.88
- Price spread: −0.206% → −0.108%
- −$9.86
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$15.74
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
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, 3 min ago | 0.65 bp | 2.3 bp −$2 | 6.4 bp −$64 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.76 bp | doesn't fit | 7.4 bp −$74 | 17.6 bp −$1,763 | 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 | −0.3243% | 1h | 1,473.3 | −0.083% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.4 | −0.277% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0079% | 8h | 1,472.6 | −0.127% | $29.9M | $71.2M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.8 | −0.045% | $410K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.9 | −0.112% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,473 | −0.102% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,472.9 | −0.109% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,472.6 | −0.128% | $294K | $896K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,473 | −0.100% | $8K | $7K | 5x | as long as short |
| Bybit ZECUSDT | +0.0090% | 8h | 1,472.5 | −0.140% | $261.6M | $588.6M | 75x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Bybit ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,470.9 | −0.245% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.6 | −0.130% | $174K | $1.6M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0098% / S −0.0052% | 1h | 1,472.6 | −0.130% | $439K | — | 100x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,472.1 | −0.165% | $13K | $812K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,473.3 | −0.082% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.078% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.6 | −0.062% | $767.2M | $419.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.9 | −0.110% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,473.3 | −0.083% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,472.8 | −0.113% | $679.6M | $2.16B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,472.1 | −0.162% | $178.8M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,466.9 | −0.516% | $399K | $430K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.4 | −0.142% | $889K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,472.5 | −0.134% | $53.5M | $171.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.6 | −0.133% | $222.4M | $762.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.9 | −0.111% | $103.5M | $52.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.5 | −0.134% | $166.8M | $267.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,472.6 | −0.128% | — | $107.9M | — | as long as short |
| Variational Omni ZECshort | +0.0100% | 8h | 1,471.5 | −0.206% | $48.3M | $32.4M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469 | −0.373% | $555K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.2 | −0.154% | $3.0M | $455K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470.8 | −0.252% | $407K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.7 | −0.188% | $49K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.2 | −0.157% | $361K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.8 | −0.118% | $162K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,471.4 | −0.212% | $449K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.1 | −0.026% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.8 | −0.115% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.8 | −0.255% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.3 | −0.153% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.9 | −0.112% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472.6 | −0.129% | $46K | $152K | 20x | as long as short |
| Lighter RH ZEClong | +0.0128% | 1h | 1,474.5 | long leg | $2.1M | $7.1M | 10x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0139% | 1h | 1,473.1 | −0.098% | $620K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0146% | 1h | 1,472.8 | −0.115% | $18.0M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,473.1 | −0.095% | $930K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0184% | 1h | 1,474.4 | −0.009% | $19.5M | $44.0M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0368% | 1h | 1,473 | −0.104% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,474.1 | −0.027% | $3.8M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,474.2 | −0.022% | $663K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0695% | 1h | 1,470.6 | −0.266% | $45K | $49K | 10x | as long as short |
Phoenix ZEC
Popdex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD