Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.006%
Price spread now: Variational Omni against Lighter−0.098%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.098% cheaper against Lighter than usual: you would sell low and buy high, −$10 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 | 0.008433 | 0.0096 | pay 0.0012% / 1h | 37m 51s | $21K | $15K | 3x |
| Short | Variational Omni ZORA | 0.008425 | 0.0100 | get 0.0050% / 4h | 2h 37m | $127K | $24K | — |
Lighter ZORA
Variational Omni ZORAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.098% → 0.000%
- −$9.85
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$9.01
- Costs to cover
- 0.000%
- Break-even
- 82.1 days
Slippage unknown: Lighter: no order-book sample; Variational Omni: RFQ quote, 11 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 Variational Omni RFQ quote, 11 min ago | 6.40 bp | doesn't fit | 98.3 bp −$983 | 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 | 0.008441 | +0.101% | $311 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008440 | +0.083% | — | $6.5M | — | as long as short |
| Lighter ZORAlong | +0.0096% | 1h | 0.008433 | long leg | $21K | $15K | 3x | |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008445 | +0.138% | $26K | $16K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008446 | +0.148% | $2.5M | $4.3M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008429 | −0.047% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008439 | +0.071% | $765K | $973K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008430 | −0.036% | $161K | $83K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008441 | +0.095% | $9.8M | $224K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008445 | +0.142% | $744K | $1.5M | 30x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
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 | 0.008449 | +0.190% | $685K | $285K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008443 | +0.119% | $34K | $106K | 10x | as long as short |
| Variational Omni ZORAshort | +0.0100% | 4h | 0.008425 | −0.098% | $127K | $24K | — | |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008620 | +2.217% | $1K | $1.3M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008437 | +0.051% | $7K | $196K | 5x | as long as short |
| Hyperliquid ZORA | +0.0119% | 1h | 0.008456 | +0.273% | $1.6M | $307K | 3x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008434 | +0.012% | $1K | — | 100x | as long as short |
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
SunX ZORA-USDT
Extended ZORA-USD
Hyperliquid ZORA
GMX ZORA/USD [ETH-USDC]