Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%
Price spread now: Lighter against Variational Omni+0.065%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropVariational Omni: Active · Lighter: 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 0.065% dearer against Variational Omni 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 | Variational Omni ZORA | 0.008462 | 0.0100 | pay 0.0050% / 4h | 27m 47s | $126K | $25K | — |
| Short | Lighter ZORA | 0.008467 | 0.0096 | get 0.0012% / 1h | 27m 47s | $22K | $14K | 3x |
Variational Omni ZORA
Lighter ZORAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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: +0.065% → 0.000%
- $6.48
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $5.64
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 31 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 Variational Omni RFQ quote, 31 min ago | 6.52 bp | doesn't fit | 101.3 bp −$1,013 | 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 | 0.008477 | +0.183% | $312 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008480 | +0.218% | — | $6.5M | — | as long as short |
| Lighter ZORAshort | +0.0096% | 1h | 0.008467 | +0.065% | $22K | $14K | 3x | |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008480 | +0.216% | $26K | $12K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008477 | +0.183% | $2.5M | $4.1M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008466 | +0.053% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008463 | +0.017% | $767K | $962K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008470 | +0.100% | $157K | $81K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008476 | +0.171% | $9.8M | $226K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008480 | +0.218% | $750K | $1.4M | 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 | 0.008484 | +0.266% | $732K | $219K | 25x | as long as short |
| Variational Omni ZORAlong | +0.0100% | 4h | 0.008462 | long leg | $126K | $25K | — | |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008660 | +2.346% | $2K | $1.3M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008474 | +0.149% | $8K | $168K | 5x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0110% | 1h | 0.008473 | +0.136% | $37K | $112K | 10x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008472 | +0.124% | $1K | — | 100x | as long as short |
| Hyperliquid ZORA | +0.0346% | 1h | 0.008495 | +0.396% | $1.6M | $322K | 3x | as long as short |
Bitget ZORAUSDT
SunX ZORA-USDT
Extended ZORA-USD
Backpack ZORA_USDC_PERP
GMX ZORA/USD [ETH-USDC]
Hyperliquid ZORA