Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Gate against Lighter+0.060%7-day average — · you sell dearer than you buy
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: Gate is 0.060% dearer against Lighter than usual: you sell high and buy low, +$6 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 | Lighter ZORA | 0.008365 | 0.0096 | pay 0.0012% / 1h | 52m 19s | $22K | $11K | 3x |
| Short | Gate ZORA_USDT | 0.008370 | 0.0100 | get 0.0050% / 4h | 1h 52m | $154K | $73K | 25x |
Lighter ZORA
Gate ZORA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter. 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: +0.060% → 0.000%
- $5.98
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$8.18
- Costs to cover
- 0.150%
- Break-even
- 75.2 days
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 23 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 23 min ago | 11.93 bp | 78.1 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.008375 | +0.126% | $308 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008377 | +0.143% | — | $6.6M | — | as long as short |
| Lighter ZORAlong | +0.0096% | 1h | 0.008365 | long leg | $22K | $11K | 3x | |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008381 | +0.194% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008377 | +0.145% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008368 | +0.036% | $2.2M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008374 | +0.108% | $763K | $963K | 10x | as long as short |
| Gate ZORA_USDTshort | +0.0100% | 4h | 0.008370 | +0.060% | $154K | $73K | 25x | |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008377 | +0.143% | $9.7M | $223K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008377 | +0.143% | $779K | $1.1M | 30x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
MEXC ZORA_USDT
KuCoin ZORAUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008381 | +0.191% | $732K | $207K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008378 | +0.155% | $33K | $117K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008364 | −0.014% | $124K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008550 | +2.212% | $2K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008378 | +0.151% | $6K | $169K | 5x | as long as short |
| Hyperliquid ZORA | +0.0203% | 1h | 0.008391 | +0.311% | $1.6M | $317K | 3x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008374 | +0.108% | $1K | — | 100x | as long as short |
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
Hyperliquid ZORA
GMX ZORA/USD [ETH-USDC]