Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against OKX+0.047%7-day average — · you sell dearer than you buy
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 0.047% dearer against OKX than usual: you sell high and buy low, +$5 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 | OKX ZORA-USDT-SWAP | 0.008560 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $775K | $1.0M | 10x |
| Short | Lighter ZORA | 0.008564 | 0.0096 | get 0.0012% / 1h | 6m 38s | $20K | $18K | 3x |
OKX ZORA-USDT-SWAP
Lighter ZORAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.047% → 0.000%
- $4.67
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.17
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 10 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 OKX live order book, 10 min ago | 1.76 bp | 47.9 bp −$48 | 133.8 bp −$1,338 | 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 | +0.0003% | 1h | 0.008563 | +0.038% | $295 | $19 | 5x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0068% | 1h | 0.008561 | +0.012% | $36K | $105K | 10x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008557 | −0.035% | — | $6.5M | — | as long as short |
| Lighter ZORAshort | +0.0096% | 1h | 0.008564 | +0.047% | $20K | $18K | 3x | |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008582 | +0.257% | $1.6M | $317K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008561 | +0.014% | $26K | $15K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008568 | +0.093% | $2.5M | $4.5M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008544 | −0.187% | $2.4M | $1.8M | 25x | as long as short |
| OKX ZORA-USDT-SWAPlong | +0.0100% | 4h | 0.008560 | long leg | $775K | $1.0M | 10x | |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008550 | −0.117% | $164K | $86K | 25x | as long as short |
dYdX ZORA-USD
Backpack ZORA_USDC_PERP
BingX ZORA-USDT
Hyperliquid ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
Gate ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008568 | +0.093% | $10.0M | $236K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008567 | +0.082% | $759K | $1.6M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008572 | +0.140% | $701K | $304K | 25x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008535 | −0.287% | $127K | $25K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008750 | +2.220% | $2K | $1.4M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008567 | +0.078% | $8K | $203K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008559 | −0.012% | $1K | — | 100x | as long as short |
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]