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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ZEC-USD-PERP | 1,514.1 | 0.0100 | pay 0.0100% / 8h | 7h 41m | $62K | $19K | 10x |
| Short | Lighter ZEC | 1,513.2 | 0.0096 | get 0.0012% / 1h | 41m 46s | $19.6M | $44.7M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 0.75 bp | 1.8 bp −$2 | 2.7 bp −$27 | 9.5 bp −$955 | 58.9 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3702% | 1h | 1,500.6 | −0.890% | $37K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,513 | −0.070% | $62K | $305K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0157% | 8h | 1,514.5 | +0.029% | $31.7M | $77.1M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0140% | 1h | 1,514.1 | +0.004% | $48K | $58K | 10x | as long as short |
| Bulk ZEC-USD | −0.0101% | 1h | 1,517.9 | +0.251% | $781K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,512.2 | −0.128% | $6K | $1K | 10x | as long as short |
| ApeX Omni ZECUSDT | −0.0022% | 1h | 1,512.6 | −0.097% | $415K | $952K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,513.5 | −0.040% | $420K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,514.2 | +0.007% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,512.5 | −0.103% | $5.4M | — | 150x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,512.9 | −0.079% | $18.4M | $47.8M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,513.6 | −0.033% | $8K | $6K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0072% | 1h | 1,513.2 | −0.059% | $693K | $1.4M | 25x | as long as short |
| Gate ZEC_USDT | +0.0078% | 8h | 1,511.3 | −0.183% | $60.4M | $184.0M | 75x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,512.4 | −0.110% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,512.3 | −0.122% | $305K | $861K | 20x | as long as short |
| Lighter ZECshort | +0.0096% | 1h | 1,513.2 | −0.058% | $19.6M | $44.7M | 20x | |
| Lighter RH ZEC | +0.0096% | 1h | 1,513.5 | −0.041% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,513.2 | −0.059% | $172K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERPlong | +0.0100% | 8h | 1,514.1 | long leg | $62K | $19K | 10x | |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,513 | −0.070% | $16K | $902K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,513.6 | −0.030% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,512.2 | −0.122% | $791.7M | $449.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,511.1 | −0.201% | $14.2M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,514.2 | +0.009% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,511.5 | −0.171% | $714.6M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,510.8 | −0.215% | $271.7M | $624.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,511.2 | −0.192% | $185.1M | $1.38B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,511.6 | −0.165% | $413K | $546K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,514.1 | +0.001% | $599K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,511.6 | −0.162% | $407.1M | $830.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,511.4 | −0.181% | $103.3M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,511.4 | −0.178% | $163.8M | $295.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,511 | −0.206% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,515.2 | +0.070% | $50.2M | $36.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,512.9 | −0.082% | $558K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,512.3 | −0.116% | $3.1M | $530K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,514.1 | 0.000% | $51K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,513.6 | −0.033% | $376K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,512.7 | −0.091% | $169K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,511.3 | −0.184% | $451K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,516.6 | +0.166% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,512.6 | −0.097% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,512.8 | −0.085% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,512.9 | −0.080% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,511.5 | −0.170% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,512.5 | −0.104% | $45K | $153K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0156% / S −0.0159% | 1h | 1,512.2 | −0.127% | $336K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,513.6 | −0.033% | $965K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,513.5 | −0.039% | $3.8M | $10.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0508% | 1h | 1,512.7 | −0.095% | $2.4M | $3.7M | 15x | as long as short |
Paradex ZEC-USD-PERP
Lighter ZEC
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Bulk ZEC-USD
ApeX Omni ZECUSDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Gate ZEC_USDT
Phoenix ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP