ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.026%

Price spread now: Lighter against Nado+0.097%47s7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$120.121% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.163%+$16 on $10k

Price spread, last 7 days−0.064%−$6 · spread now +0.097%, 7d avg +0.032%

Together, before fees+0.100%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.065% dearer against Nado than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.032%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado ZEC-PERP	1,470.2	0.0100	pay 0.0012% / 1h	3m 40s	$2.6M	$6.5M	10x
Short	Lighter ZEC	1,471.7	0.0216	get 0.0027% / 1h	3m 40s	$19.2M	$50.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee LighterbpOrdersPrice spread, now +0.097%Rate

Funding earned: $24.36
Price spread: +0.097% → +0.032%: $6.51
Slippage, 4 orders: −$5.07
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $18.8
Costs to cover: 0.121%
Break-even: 1.6 days

Slippage from Nado: live order book, 5 min ago; Lighter: 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 Nado live order book, 5 min ago	0.03 bp	4.8 bp −$5	10.5 bp −$105	46.8 bp −$4,676	doesn't fit
Sell Lighter live order book, 5 min ago	0.69 bp	0.7 bp −$1	1.9 bp −$19	14.1 bp −$1,408	78.7 bp −$39.4K

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	−0.3321%	1h	1,471.4	+0.075%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,470.9	+0.047%	$17.9M	$43.0M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0122%	1h	1,467.7	−0.173%	$400K	$515K	5x	as long as short
BloFin ZEC-USDT	−0.0117%	8h	1,469.7	−0.035%	$29.6M	$72.3M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.6	+0.024%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0015%	8h	1,469.6	−0.044%	$47.7M	$33.3M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,470.9	+0.044%	$414K	$103K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,469.9	−0.026%	$8K	$9K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,471	+0.054%	$959K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,470.2	−0.002%	$84K	$405K	10x	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	1,470.8	+0.038%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0022%	8h	1,470.4	+0.008%	$294K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0054%	1h	1,470.5	+0.018%	$4.6M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,470.7	+0.033%	$378K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0067%	8h	1,470.2	−0.006%	$181.2M	$1.29B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,470.4	+0.013%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,470	−0.017%	$12K	$847K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,470.3	+0.001%	$61K	$39K	10x	as long as short
Nado ZEC-PERPlong	+0.0100%	1h	1,470.2	long leg	$2.6M	$6.5M	10x
Hyperliquid ZEC	+0.0100%	1h	1,470.7	+0.031%	$765.8M	$451.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,470.8	+0.037%	$14.9M	$31.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,470.6	+0.023%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,470.2	−0.003%	$683.4M	$2.35B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,470	−0.019%	$272.8M	$627.7M	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,471.9	+0.112%	$692K	$8.6M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,467.8	−0.166%	$893K	$21K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,470.7	+0.034%	$50.3M	$182.3M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,470	−0.015%	$218.3M	$832.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,470.2	−0.005%	$104.1M	$55.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,470	−0.017%	$163.6M	$289.2M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,470.3	+0.006%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,471.6	+0.090%	$573K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,469.6	−0.043%	$3.0M	$450K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.7	−0.035%	$427K	$880K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470.2	−0.004%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,470.6	+0.024%	$341K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,470.6	+0.027%	$128K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,469.1	−0.076%	$458K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,473	+0.187%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,470.5	+0.017%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,471	+0.051%	$2.5M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,471.4	+0.081%	$3.8M	$5.2M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,470.8	+0.040%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.8	+0.038%	$53K	$162K	20x	as long as short
Lighter ZECshort	+0.0216%	1h	1,471.7	+0.097%	$19.2M	$50.6M	20x
RISEx ZEC/USDC	+0.0228%	1h	1,470.9	+0.045%	$854K	$1.0M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0260%	1h	1,471.5	+0.084%	$605K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,472.8	+0.174%	$3.7M	$9.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0510%	1h	1,472	+0.119%	$2.5M	$3.8M	15x	as long as short
Lighter RH ZEC	+0.0680%	1h	1,471.7	+0.096%	$2.1M	$8.5M	10x	as long as short
Aftermath Perps ZECUSD	+0.0746%	1h	1,470.5	+0.015%	$43K	$46K	10x	as long as short