Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget−0.272%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.272% cheaper against Bitget than usual: you would sell low and buy high, −$27 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 | Bitget ZORAUSDT | 0.008470 | 0.0100 | pay 0.0050% / 4h | 29m 04s | $740K | $208K | 25x |
| Short | Lighter ZORA | 0.008447 | 0.0096 | get 0.0012% / 1h | 29m 04s | $21K | $12K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$0.84
- Price spread: −0.272% → 0.000%
- −$27.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$39.99
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 46 min ago; Lighter: no order-book sample. 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 Bitget live order book, 46 min ago | 4.74 bp | 23.4 bp −$23 | 126.4 bp −$1,264 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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.
ZORA on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USD | 0.0000% | 1h | 0.008464 | −0.068% | $311 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008454 | −0.189% | — | $6.6M | — | as long as short |
| Lighter ZORAshort | +0.0096% | 1h | 0.008447 | −0.272% | $21K | $12K | 3x | |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008458 | −0.144% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008460 | −0.122% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008447 | −0.272% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008454 | −0.189% | $770K | $986K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008450 | −0.236% | $156K | $74K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008459 | −0.130% | $9.8M | $228K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008456 | −0.165% | $765K | $1.2M | 30x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDTlong | +0.0100% | 4h | 0.008470 | long leg | $740K | $208K | 25x | |
| Variational Omni ZORA | +0.0100% | 4h | 0.008450 | −0.242% | $126K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008640 | +2.007% | $2K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008459 | −0.128% | $6K | $169K | 5x | as long as short |
| Hyperliquid ZORA | +0.0176% | 1h | 0.008477 | +0.083% | $1.6M | $316K | 3x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008456 | −0.165% | $1K | — | 100x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0243% | 1h | 0.008459 | −0.130% | $34K | $114K | 10x | as long as short |
Bitget ZORAUSDT
Lighter ZORA
BingX ZORA-USDT
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
Hyperliquid ZORA
GMX ZORA/USD [ETH-USDC]
Backpack ZORA_USDC_PERP