ZORA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0135%/8h= −14.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.035%

Price spread now: Lighter against GMX+0.012%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ZORA/USD [ETH-USDC]	0.008559	L +0.0231% / S −0.0433%	pay 0.0029% / 1h	6m 56s	$1K	—	100x
Short	Lighter ZORA	0.008560	0.0096	get 0.0012% / 1h	6m 56s	$20K	$18K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$28.4
Price spread: +0.012% → 0.000%: $1.17
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$39.23
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

GMX and 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	+0.0003%	1h	0.008555	−0.050%	$295	$19	5x	as long as short
Backpack ZORA_USDC_PERP	+0.0068%	1h	0.008561	+0.023%	$36K	$105K	10x	as long as short
BingX ZORA-USDT	+0.0070%	4h	0.008557	−0.023%	—	$6.5M	—	as long as short
Lighter ZORAshort	+0.0096%	1h	0.008560	+0.012%	$20K	$18K	3x
Hyperliquid ZORA	+0.0100%	1h	0.008582	+0.269%	$1.6M	$317K	3x	as long as short
Aster ZORAUSDT	+0.0100%	4h	0.008561	+0.026%	$26K	$15K	5x	as long as short
Binance ZORAUSDT	+0.0100%	4h	0.008568	+0.105%	$2.5M	$4.5M	50x	as long as short
Bybit ZORAUSDT	+0.0100%	4h	0.008544	−0.175%	$2.4M	$1.8M	25x	as long as short
OKX ZORA-USDT-SWAP	+0.0100%	4h	0.008560	+0.012%	$775K	$1.0M	10x	as long as short
Gate ZORA_USDT	+0.0100%	4h	0.008550	−0.105%	$164K	$86K	25x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ZORA_USDT	+0.0100%	4h	0.008567	+0.093%	$10.0M	$236K	50x	as long as short
KuCoin ZORAUSDTM	+0.0100%	4h	0.008565	+0.070%	$755K	$1.6M	30x	as long as short
Bitget ZORAUSDT	+0.0100%	4h	0.008572	+0.152%	$701K	$304K	25x	as long as short
Variational Omni ZORA	+0.0100%	4h	0.008535	−0.275%	$127K	$25K	—	as long as short
SunX ZORA-USDT	+0.0100%	4h	0.008750	+2.232%	$2K	$1.4M	20x	as long as short
Extended ZORA-USD	+0.0104%	1h	0.008567	+0.089%	$8K	$203K	5x	as long as short
GMX ZORA/USD [ETH-USDC]long	L +0.0231% / S −0.0433%	1h	0.008559	long leg	$1K	—	100x