Funding you earn now, next payment 01:00 UTC+0.0556%/8h= +60.9% APRpaid last 24h +0.027%
Price spread now: Lighter RH against Paradex+0.144%7-day average — · you sell dearer than you buy
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 RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Lighter RH is 0.144% dearer against Paradex than usual: you sell high and buy low: +$14 more if the spread 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 | 1,469 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $61K | $39K | 10x |
| Short | Lighter RH ZEC | 1,471.1 | 0.0656 | get 0.0082% / 1h | 1m 27s | $2.1M | $8.5M | 10x |
Paradex ZEC-USD-PERP
Lighter RH ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $116.78
- Price spread: +0.144% → 0.000%
- $14.41
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $127.19
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter RH: live order book, 2 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 RH live order book, 2 min ago | 1.46 bp | 3.8 bp −$4 | 6.0 bp −$60 | doesn't fit | doesn't fit |
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 | −0.3321% | 1h | 1,471.6 | +0.182% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,468.9 | −0.002% | $17.9M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0131% | 1h | 1,469.7 | +0.050% | $398K | $516K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0115% | 8h | 1,469.5 | +0.037% | $29.6M | $72.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469 | +0.003% | $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 | 1,469.5 | +0.034% | $414K | $103K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,468.1 | −0.061% | $8K | $9K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.6 | +0.043% | $959K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468.5 | −0.029% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZECShow 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 | 1,468.2 | −0.050% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0022% | 8h | 1,467.5 | −0.100% | $293K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,469.5 | +0.039% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,468.4 | −0.040% | $378K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0068% | 8h | 1,467.6 | −0.093% | $180.8M | $1.28B | 50x | as long as short |
| Gate ZEC_USDT | +0.0078% | 8h | 1,468.1 | −0.062% | $50.0M | $182.6M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.9 | −0.076% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,467.7 | −0.087% | $12K | $841K | 10x | as long as short |
| Paradex ZEC-USD-PERPlong | +0.0100% | 8h | 1,469 | long leg | $61K | $39K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.2 | −0.052% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.9 | −0.004% | $764.8M | $451.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.3 | −0.047% | $14.9M | $31.3M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.5 | +0.035% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,468.2 | −0.050% | $681.9M | $2.35B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,467.3 | −0.111% | $272.0M | $627.1M | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,470.1 | +0.074% | $695K | $8.6M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,467.8 | −0.079% | $893K | $21K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468.4 | −0.036% | $218.7M | $832.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.1 | −0.057% | $103.9M | $55.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,468.6 | −0.026% | $163.4M | $287.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,468 | −0.063% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.7 | +0.053% | $572K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,471.2 | +0.153% | $3.0M | $450K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.8 | +0.054% | $427K | $882K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.2 | −0.049% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.2 | −0.052% | $340K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,468.4 | −0.036% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,467.4 | −0.108% | $457K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,470.8 | +0.128% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,468.7 | −0.015% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.3 | +0.090% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,469.3 | +0.021% | $3.8M | $5.2M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,468.7 | −0.017% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,468.6 | −0.024% | $53K | $162K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0147% | 1h | 1,469.7 | +0.048% | $604K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0216% | 1h | 1,470.3 | +0.090% | $19.1M | $50.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,468.8 | −0.015% | $853K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,471 | +0.137% | $3.7M | $9.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0503% | 1h | 1,469.7 | +0.049% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZECshort | +0.0656% | 1h | 1,471.1 | +0.144% | $2.1M | $8.5M | 10x | |
| Aftermath Perps ZECUSD | +0.0749% | 1h | 1,469.5 | +0.036% | $43K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD