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
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 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZECUSD | 1,502.3 | 0.0032 | pay 0.0004% / 1h | 29m 44s | $8K | $6K | 5x |
| Short | Lighter ZEC | 1,504.8 | 0.0096 | get 0.0012% / 1h | 29m 44s | $19.5M | $45.0M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 9 min ago | 0.88 bp | 1.1 bp −$1 | 3.2 bp −$32 | 17.7 bp −$1,766 | 72.4 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3702% | 1h | 1,491.4 | −0.722% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,502.5 | +0.019% | $62K | $305K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0204% | 1h | 1,505.7 | +0.229% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0155% | 8h | 1,503.6 | +0.089% | $31.8M | $76.4M | 75x | as long as short |
| Bulk ZEC-USD | −0.0098% | 1h | 1,506.5 | +0.284% | $775K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,502.1 | −0.008% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,503.7 | +0.095% | $418K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,501.9 | −0.022% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,503.2 | +0.062% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,502.9 | +0.042% | $18.3M | $48.0M | 25x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSDlong | +0.0032% | 1h | 1,502.3 | long leg | $8K | $6K | 5x | |
| Phoenix ZEC | +0.0082% | 1h | 1,507 | +0.316% | $4.8M | $1.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0084% | 8h | 1,503.8 | +0.100% | $60.5M | $185.9M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0085% | 8h | 1,502.9 | +0.041% | $303K | $861K | 20x | as long as short |
| Lighter ZECshort | +0.0096% | 1h | 1,504.8 | +0.172% | $19.5M | $45.0M | 20x | |
| Lighter RH ZEC | +0.0096% | 1h | 1,505.2 | +0.196% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,502.4 | +0.006% | $171K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,504.4 | +0.145% | $62K | $17K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,503.8 | +0.103% | $16K | $898K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,501.9 | −0.021% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,504.4 | +0.142% | $787.1M | $446.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,504 | +0.118% | $14.1M | $30.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,504.4 | +0.144% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,504.2 | +0.130% | $710.4M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,503.5 | +0.085% | $269.4M | $623.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,503.6 | +0.089% | $185.0M | $1.37B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,504.9 | +0.176% | $408K | $558K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,505 | +0.181% | $609K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,504.1 | +0.123% | $405.4M | $835.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,504 | +0.116% | $102.7M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,504.2 | +0.128% | $162.6M | $295.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,503.4 | +0.077% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,502.5 | +0.019% | $49.7M | $36.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,505.3 | +0.201% | $555K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,506.8 | +0.299% | $3.1M | $533K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,505.8 | +0.236% | $413K | $952K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,504.7 | +0.160% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,502.7 | +0.029% | $373K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,502.8 | +0.037% | $168K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,502 | −0.016% | $449K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,505.1 | +0.190% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,503.9 | +0.107% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,500.9 | −0.093% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,503.6 | +0.090% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,504.3 | +0.133% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,502.9 | +0.039% | $44K | $153K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,504.3 | +0.135% | $996K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0160% / S −0.0164% | 1h | 1,503.1 | +0.059% | $334K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0226% | 1h | 1,504 | +0.116% | $688K | $1.4M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0290% | 1h | 1,503.8 | +0.101% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,504.4 | +0.139% | $3.8M | $10.0M | 50x | as long as short |
01 Exchange ZECUSD
Lighter ZEC
Injective ZEC/USDC PERP
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Bulk ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
Phoenix ZEC
Gate ZEC_USDT
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
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
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
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX