Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.037%
Price spread now: Lighter against Aster+0.058%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1851.846% of the position
Funding, last 5 days (all we have)+0.339%+$34 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.058%, 7d avg +0.123%
=Together, before fees+0.396%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.065% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZROUSDT | 1.1677 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $157K | $150K | 10x |
| Short | Lighter ZRO | 1.1683 | 0.0096 | get 0.0012% / 1h | 7m 22s | $4.4M | $1.2M | 5x |
Aster ZROUSDT
Lighter ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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: +0.058% → +0.123%
- −$6.51
- Slippage, 4 orders
- −$176.55
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$191.91
- Costs to cover
- 1.846%
- Break-even
- never at this rate
Slippage from Aster: live order book, 59 min ago; Lighter: live order book, 5 min ago.
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 Aster live order book, 59 min ago | 4.65 bp | 130.1 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 7.26 bp | 8.2 bp −$8 | 84.3 bp −$843 | doesn't fit | doesn't fit |
ZRO on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0224% | 1h | 1.1665 | −0.102% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0022% | 4h | 1.1657 | −0.169% | $17.9M | $13.9M | 50x | as long as short |
| dYdX ZRO-USD | +0.0003% | 1h | 1.1685 | +0.073% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDT | +0.0016% | 4h | 1.1660 | −0.144% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0031% | 4h | 1.1663 | −0.118% | $20K | $5K | 10x | as long as short |
| Lighter ZROshort | +0.0096% | 1h | 1.1683 | +0.058% | $4.4M | $1.2M | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1673 | −0.032% | $37.0M | $5.4M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1677 | long leg | $157K | $150K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1673 | −0.031% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1663 | −0.118% | $21.8M | $29.7M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
dYdX ZRO-USD
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
Hyperliquid ZRO
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1663 | −0.118% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1654 | −0.195% | $19.0M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1671 | −0.049% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1657 | −0.169% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1658 | −0.161% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1691 | +0.122% | $97K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1662 | −0.122% | $2.3M | $815K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1660 | −0.144% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1664 | −0.109% | $91K | $836K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1660 | −0.144% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0231% | 1h | 1.1662 | −0.122% | $1.3M | $123K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1669 | −0.063% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0373% | 1h | 1.1674 | −0.028% | $250K | $399K | 25x | as long as short |
| Extended ZRO-USD | +0.0976% | 1h | 1.1662 | −0.124% | $780K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1720 | +0.370% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP