Funding you earn now, next payment 01:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Extended−0.245%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 airdropExtended: Active · Lighter: 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 0.245% cheaper against Extended than usual: you would sell low and buy high, −$25 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 | Extended ZORA-USD | 0.008585 | 0.0104 | pay 0.0013% / 1h | 10m 54s | $6K | $166K | 5x |
| Short | Lighter ZORA | 0.008564 | 0.0096 | get 0.0012% / 1h | 10m 54s | $22K | $11K | 3x |
Extended ZORA-USD
Lighter ZORAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: −0.245% → 0.000%
- −$24.54
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$31.22
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 60 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 Extended live order book, 60 min ago | 4.74 bp | 57.3 bp −$57 | 321.4 bp −$3,214 | 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 | 0.008565 | −0.236% | $315 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008567 | −0.210% | — | $6.6M | — | as long as short |
| Lighter ZORAshort | +0.0096% | 1h | 0.008564 | −0.245% | $22K | $11K | 3x | |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008608 | +0.267% | $1.6M | $315K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008567 | −0.206% | $26K | $26K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008583 | −0.024% | $2.6M | $4.0M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008578 | −0.082% | $2.4M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008590 | +0.057% | $782K | $1.0M | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008560 | −0.292% | $156K | $77K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008579 | −0.071% | $10.0M | $229K | 50x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Hyperliquid ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008570 | −0.176% | $786K | $1.3M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008588 | +0.034% | $736K | $215K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008576 | −0.106% | $33K | $114K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008555 | −0.349% | $127K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008750 | +1.921% | $2K | $1.3M | 20x | as long as short |
| Extended ZORA-USDlong | +0.0104% | 1h | 0.008585 | long leg | $6K | $166K | 5x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008564 | −0.245% | $1K | — | 100x | as long as short |
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
GMX ZORA/USD [ETH-USDC]