Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against KuCoin−0.176%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 0.176% cheaper against KuCoin than usual: you would sell low and buy high, −$18 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 | KuCoin ZORAUSDTM | 0.008525 | 0.0100 | pay 0.0050% / 4h | 2h 59m | $747K | $1.7M | 30x |
| Short | Lighter ZORA | 0.008510 | 0.0096 | get 0.0012% / 1h | 59m 20s | $23K | $21K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: −0.176% → 0.000%
- −$17.6
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$30.44
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago | 7.03 bp | 286.2 bp −$286 | doesn't fit | 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 | 0.008533 | +0.100% | $294 | $19 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008511 | −0.164% | — | $6.5M | — | as long as short |
| Lighter ZORAshort | +0.0096% | 1h | 0.008510 | −0.176% | $23K | $21K | 3x | |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008534 | +0.106% | $1.6M | $340K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008522 | −0.031% | $26K | $17K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008514 | −0.133% | $2.5M | $4.5M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008499 | −0.305% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008502 | −0.270% | $764K | $988K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008520 | −0.059% | $155K | $81K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008518 | −0.082% | $9.9M | $217K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTMlong | +0.0100% | 4h | 0.008525 | long leg | $747K | $1.7M | 30x | |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008517 | −0.094% | $700K | $311K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008526 | +0.012% | $34K | $103K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008512 | −0.148% | $126K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008710 | +2.170% | $1K | $1.4M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008512 | −0.148% | $11K | $207K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008526 | +0.012% | $1K | — | 100x | as long as short |
KuCoin ZORAUSDTM
Lighter ZORA
BingX ZORA-USDT
Hyperliquid ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]