Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.037%
Price spread now: Lighter against BingX+0.181%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now +0.181%, 7d avg +0.140%
=Together, before fees+0.399%+ Points / potential airdropLighter: 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 0.041% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.140%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1825 | 0.0100 | pay 0.0050% / 4h | 3h 16m | — | $14.7M | — |
| Short | Lighter ZRO | 1.1846 | 0.0096 | get 0.0012% / 1h | 16m 10s | $4.4M | $1.5M | 5x |
BingX ZRO-USDT
Lighter ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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: +0.181% → +0.140%
- $4.13
- Slippage, 4 orders
- −$31.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.93
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Lighter: live order book, 6 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 BingX live order book, 7 min ago | 2.12 bp | 8.1 bp −$8 | 13.6 bp −$136 | 26.9 bp −$2,695 | 49.3 bp −$24.6K |
| Sell Lighter live order book, 6 min ago | 8.09 bp | 10.1 bp −$10 | 75.4 bp −$754 | doesn't fit | doesn't fit |
ZRO on 26 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 | −0.0096% | 1h | 1.1827 | +0.021% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1830 | +0.042% | $21K | $6K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0059% | 4h | 1.1788 | −0.313% | $1.1M | $254K | 75x | as long as short |
| Lighter ZROshort | +0.0096% | 1h | 1.1846 | +0.181% | $4.4M | $1.5M | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1838 | +0.110% | $37.5M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1830 | +0.043% | $158K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1822 | −0.025% | $137K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1835 | +0.085% | $22.2M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1829 | +0.034% | $18.1M | $14.1M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1834 | +0.076% | $3.2M | $8.0M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1820 | −0.042% | $1.4M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1835 | +0.085% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1832 | +0.059% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1839 | +0.118% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1825 | long leg | — | $14.7M | — | |
| Variational Omni ZRO | +0.0100% | 4h | 1.1818 | −0.058% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1800 | −0.211% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1834 | +0.076% | $92K | $826K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1832 | +0.059% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0228% | 1h | 1.1800 | −0.215% | $21K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0291% | 1h | 1.1816 | −0.074% | $1.3M | $128K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1832 | +0.062% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0300% | 1h | 1.1846 | +0.177% | $254K | $410K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0378% | 1h | 1.1808 | −0.144% | $98K | $204K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1820 | −0.042% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1256% | 1h | 1.1830 | +0.046% | $784K | $589K | 10x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD