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+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.031%
Price spread now: Lighter against 01 Exchange+0.172%52s7-day average · you sell dearer than you buy
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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.172% dearer against 01 Exchange than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZECUSD1,502.30.0032pay 0.0004% / 1h29m 44s$8K$6K5x
ShortLighter ZEC1,504.80.0096get 0.0012% / 1h29m 44s$19.5M$45.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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
$13.44
Price spread: +0.172% → 0.000%
$17.19
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$23.63
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 9 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 01 Exchange no order-book sample
Sell Lighter live order book, 9 min ago0.88 bp1.1 bp −$13.2 bp −$3217.7 bp −$1,76672.4 bp −$36.2K
01 Exchange: 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%1h1,491.4−0.722%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502.5+0.019%$62K$305K10xas long as short
Aftermath Perps ZECUSD−0.0204%1h1,505.7+0.229%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0155%8h1,503.6+0.089%$31.8M$76.4M75xas long as short
Bulk ZEC-USD−0.0098%1h1,506.5+0.284%$775K$147K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,502.1−0.008%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,503.7+0.095%$418K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,501.9−0.022%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503.2+0.062%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,502.9+0.042%$18.3M$48.0M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSDlong+0.0032%1h1,502.3long leg$8K$6K5x
Phoenix ZEC+0.0082%1h1,507+0.316%$4.8M$1.4M10xas long as short
Gate ZEC_USDT+0.0084%8h1,503.8+0.100%$60.5M$185.9M75xas long as short
Orderly PERP_ZEC_USDC+0.0085%8h1,502.9+0.041%$303K$861K20xas long as short
Lighter ZECshort+0.0096%1h1,504.8+0.172%$19.5M$45.0M20x
Lighter RH ZEC+0.0096%1h1,505.2+0.196%$2.1M$7.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,502.4+0.006%$171K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,504.4+0.145%$62K$17K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,503.8+0.103%$16K$898K10xas long as short
Nado ZEC-PERP+0.0100%1h1,501.9−0.021%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,504.4+0.142%$787.1M$446.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,504+0.118%$14.1M$30.5M75xas long as short
Pacifica ZEC+0.0100%1h1,504.4+0.144%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,504.2+0.130%$710.4M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,503.5+0.085%$269.4M$623.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,503.6+0.089%$185.0M$1.37B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,504.9+0.176%$408K$558K5xas long as short
Arcus ZEC-USD+0.0100%1h1,505+0.181%$609K$9.0M10xas long as short
MEXC ZEC_USDT+0.0100%8h1,504.1+0.123%$405.4M$835.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504+0.116%$102.7M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,504.2+0.128%$162.6M$295.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,503.4+0.077%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,502.5+0.019%$49.7M$36.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,505.3+0.201%$555K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,506.8+0.299%$3.1M$533K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,505.8+0.236%$413K$952K50xas long as short
StandX ZEC-USD+0.0100%1h1,504.7+0.160%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,502.7+0.029%$373K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,502.8+0.037%$168K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502−0.016%$449K$419K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,505.1+0.190%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.9+0.107%$254K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,500.9−0.093%$2.7M$21.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.6+0.090%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,504.3+0.133%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.9+0.039%$44K$153K20xas long as short
RISEx ZEC/USDC+0.0157%1h1,504.3+0.135%$996K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0160% / S −0.0164%1h1,503.1+0.059%$334K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0226%1h1,504+0.116%$688K$1.4M25xas long as short
Backpack ZEC_USDC_PERP+0.0290%1h1,503.8+0.101%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,504.4+0.139%$3.8M$10.0M50xas long as short