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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.036%
Price spread now: Lighter RH against StandX+0.173%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days−0.165%−$16 · spread now +0.173%, 7d avg +0.060%
Together, before fees−0.104%+ Points / potential airdropStandX: Active · Lighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter RH is 0.113% dearer against StandX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX ZEC-USD1,475.90.0100pay 0.0013% / 1h26m 58s$56K$4.6M30x
ShortLighter RH ZEC1,478.50.0248get 0.0031% / 1h26m 58s$2.1M$7.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against StandX. 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
$31.08
Price spread: +0.173% → +0.060%
$11.35
Slippage, 4 orders
−$14.07
Fee StandX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$20.36
Costs to cover
0.221%
Break-even
2.4 days
Slippage from StandX: live order book, 2 min ago; Lighter RH: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 2 min ago3.25 bp8.3 bp −$812.1 bp −$121doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago2.44 bp3.5 bp −$35.6 bp −$56doesn't fitdoesn't fit

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−0.3684%1h1,462−0.939%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.1+0.082%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0126%8h1,476.8+0.060%$30.4M$73.8M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,477+0.072%$17.9M$46.8M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,476.8+0.060%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,476.5+0.038%$410K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,477.5+0.106%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,476+0.007%$63K$303K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,475.6−0.021%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0077%8h1,476.6+0.045%$297K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps ZECUSD+0.0088%1h1,477.1+0.083%$47K$64K10xas long as short
Popdex ZECUSDT+0.0096%1h1,477.2+0.089%$165K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,476.7+0.052%$10K$871K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.3+0.097%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,476.2+0.023%$13.8M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,476.8+0.065%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,476.7+0.058%$687.9M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,476.4+0.037%$263.7M$632.5M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,476.9+0.068%$178.9M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,475.2−0.047%$403K$508K5xas long as short
Gate ZEC_USDT+0.0100%8h1,477+0.077%$54.3M$183.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,476.8+0.064%$240.9M$784.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,477+0.076%$101.0M$57.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477+0.075%$158.9M$288.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,476.7+0.052%$115.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,477.4+0.102%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,477.6+0.117%$48.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,477.5+0.111%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,478.3+0.167%$3.0M$498K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.6+0.049%$406K$936K50xas long as short
StandX ZEC-USDlong+0.0100%1h1,475.9long leg$56K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,476.6+0.048%$355K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,477.1+0.082%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.169%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,478.8+0.196%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476.7+0.056%$251K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,476.7+0.057%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,477.3+0.096%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.7+0.056%$61K$43K10xas long as short
Extended ZEC-USD+0.0104%1h1,477.2+0.086%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.7+0.052%$42K$152K20xas long as short
RISEx ZEC/USDC+0.0129%1h1,477.2+0.089%$924K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,478.9+0.202%$4.7M$1.4M10xas long as short
01 Exchange ZECUSD+0.0136%1h1,477.3+0.095%$8K$7K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0145% / S −0.0154%1h1,476.9+0.069%$478K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0214%1h1,477.6+0.116%$675K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,478.7+0.188%$637K$8.6M10xas long as short
Lighter RH ZECshort+0.0248%1h1,478.5+0.173%$2.1M$7.4M10x
Hyperliquid ZEC+0.0251%1h1,478.1+0.150%$766.9M$442.4M10xas long as short
Lighter ZEC+0.0304%1h1,478.4+0.169%$19.4M$45.8M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,477.9+0.139%$3.6M$9.9M50xas long as short