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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.014%
Price spread now: Lighter against Paradex−0.058%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.058% cheaper against Paradex than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ZEC-USD-PERP1,514.10.0100pay 0.0100% / 8h7h 41m$62K$19K10x
ShortLighter ZEC1,513.20.0096get 0.0012% / 1h41m 46s$19.6M$44.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Paradex. 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
−$0.78
Price spread: −0.058% → 0.000%
−$5.83
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
−$10.62
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Lighter live order book, 7 min ago0.75 bp1.8 bp −$22.7 bp −$279.5 bp −$95558.9 bp −$29.5K
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3702%1h1,500.6−0.890%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,513−0.070%$62K$305K10xas long as short
BloFin ZEC-USDT−0.0157%8h1,514.5+0.029%$31.7M$77.1M75xas long as short
Aftermath Perps ZECUSD−0.0140%1h1,514.1+0.004%$48K$58K10xas long as short
Bulk ZEC-USD−0.0101%1h1,517.9+0.251%$781K$147K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,512.2−0.128%$6K$1K10xas long as short
ApeX Omni ZECUSDT−0.0022%1h1,512.6−0.097%$415K$952K50xas long as short
dYdX ZEC-USD0.0000%1h1,513.5−0.040%$420K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,514.2+0.007%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,512.5−0.103%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0019%1h1,512.9−0.079%$18.4M$47.8M25xas long as short
01 Exchange ZECUSD+0.0024%1h1,513.6−0.033%$8K$6K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0072%1h1,513.2−0.059%$693K$1.4M25xas long as short
Gate ZEC_USDT+0.0078%8h1,511.3−0.183%$60.4M$184.0M75xas long as short
Phoenix ZEC+0.0082%1h1,512.4−0.110%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,512.3−0.122%$305K$861K20xas long as short
Lighter ZECshort+0.0096%1h1,513.2−0.058%$19.6M$44.7M20x
Lighter RH ZEC+0.0096%1h1,513.5−0.041%$2.1M$7.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,513.2−0.059%$172K$1.8M50xas long as short
Paradex ZEC-USD-PERPlong+0.0100%8h1,514.1long leg$62K$19K10x
Katana Perps ZEC-USD+0.0100%8h1,513−0.070%$16K$902K10xas long as short
Nado ZEC-PERP+0.0100%1h1,513.6−0.030%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,512.2−0.122%$791.7M$449.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,511.1−0.201%$14.2M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,514.2+0.009%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,511.5−0.171%$714.6M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,510.8−0.215%$271.7M$624.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,511.2−0.192%$185.1M$1.38B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,511.6−0.165%$413K$546K5xas long as short
Arcus ZEC-USD+0.0100%1h1,514.1+0.001%$599K$9.0M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,511.6−0.162%$407.1M$830.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,511.4−0.181%$103.3M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,511.4−0.178%$163.8M$295.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,511−0.206%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,515.2+0.070%$50.2M$36.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,512.9−0.082%$558K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,512.3−0.116%$3.1M$530K10xas long as short
StandX ZEC-USD+0.0100%1h1,514.10.000%$51K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,513.6−0.033%$376K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,512.7−0.091%$169K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,511.3−0.184%$451K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,516.6+0.166%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,512.6−0.097%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,512.8−0.085%$2.7M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,512.9−0.080%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,511.5−0.170%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,512.5−0.104%$45K$153K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0156% / S −0.0159%1h1,512.2−0.127%$336K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,513.6−0.033%$965K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,513.5−0.039%$3.8M$10.0M50xas long as short
Backpack ZEC_USDC_PERP+0.0508%1h1,512.7−0.095%$2.4M$3.7M15xas long as short