Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.042%
Price spread now: Lighter against Bitget+0.124%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 7 days+0.095%+$9 · spread now +0.124%, 7d avg +0.153%
=Together, before fees+0.431%+ Points / potential airdropLighter: Season 3 · farm board+$43 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 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.153%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZROUSDT | 1.1731 | 0.0100 | pay 0.0050% / 4h | 30m 58s | $2.7M | $2.4M | 75x |
| Short | Lighter ZRO | 1.1746 | 0.0096 | get 0.0012% / 1h | 30m 58s | $4.4M | $1.5M | 5x |
Bitget ZROUSDT
Lighter ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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: +0.124% → +0.153%
- −$2.85
- Slippage, 4 orders
- −$52.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$68.54
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 7 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 Bitget live order book, 1 min ago | 2.99 bp | 21.8 bp −$22 | 51.2 bp −$512 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 9.58 bp | 10.6 bp −$11 | 74.9 bp −$749 | 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 | −0.0168% | 1h | 1.1732 | +0.009% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0001% | 4h | 1.1742 | +0.094% | $21K | $7K | 10x | as long as short |
| Lighter ZROshort | +0.0096% | 1h | 1.1746 | +0.124% | $4.4M | $1.5M | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1741 | +0.085% | $37.2M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1746 | +0.130% | $157K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1735 | +0.038% | $136K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1737 | +0.051% | $22.0M | $31.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1727 | −0.034% | $17.9M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1740 | +0.077% | $3.2M | $8.3M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | +0.077% | $1.3M | $1.8M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1737 | +0.051% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1725 | −0.051% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDTlong | +0.0100% | 4h | 1.1731 | long leg | $2.7M | $2.4M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1736 | +0.043% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1746 | +0.128% | $100K | $207K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1733 | +0.018% | $2.3M | $878K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1740 | +0.077% | $37K | $686K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1747 | +0.136% | $94K | $825K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1738 | +0.059% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0105% | 4h | 1.1732 | +0.009% | $1.1M | $255K | 75x | as long as short |
| dYdX ZRO-USD | +0.0132% | 1h | 1.1738 | +0.064% | $21K | $2K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0133% | 1h | 1.1749 | +0.158% | $252K | $434K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1743 | +0.100% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0358% | 1h | 1.1742 | +0.096% | $1.3M | $125K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1780 | +0.418% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.2000% | 1h | 1.1736 | +0.040% | $784K | $610K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
Kraken Futures PF_ZROUSD
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Injective ZRO/USDC PERP
Extended ZRO-USD