Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.037%
Price spread now: ApeX Omni against Lighter−0.315%48s7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$750.748% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 3 days (all we have)+0.296%+$30 · spread now −0.315%, 7d avg −0.147%
=Together, before fees−0.042%+ Points / potential airdropLighter: Season 3 · farm board−$4 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: ApeX Omni is 0.169% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.147%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZRO | 1.1887 | 0.0096 | pay 0.0012% / 1h | 10m 33s | $4.4M | $1.5M | 5x |
| Short | ApeX Omni ZROUSDT | 1.1850 | 0.0100 | get 0.0013% / 1h | 10m 33s | $37K | $688K | 50x |
Lighter ZRO
ApeX Omni ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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: −0.315% → −0.147%
- −$16.88
- Slippage, 4 orders
- −$64.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$90.84
- Costs to cover
- 0.748%
- Break-even
- 764.0 days
Slippage from Lighter: live order book, 2 min ago; ApeX Omni: live order book, 63 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 Lighter live order book, 2 min ago | 11.36 bp | 16.7 bp −$17 | 77.2 bp −$772 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 63 min ago | 12.78 bp | 21.7 bp −$22 | 119.4 bp −$1,194 | 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 | −0.0104% | 1h | 1.1875 | −0.103% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1854 | −0.282% | $21K | $6K | 10x | as long as short |
| Lighter ZROlong | +0.0096% | 1h | 1.1887 | long leg | $4.4M | $1.5M | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1891 | +0.029% | $37.7M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1878 | −0.084% | $159K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1876 | −0.097% | $138K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1875 | −0.105% | $22.3M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1871 | −0.139% | $18.2M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1877 | −0.088% | $3.2M | $8.1M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1860 | −0.231% | $1.4M | $1.5M | 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 | 1.1874 | −0.114% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1879 | −0.072% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1877 | −0.088% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1874 | −0.114% | — | $15.8M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1845 | −0.357% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDTshort | +0.0100% | 1h | 1.1850 | −0.315% | $37K | $688K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1883 | −0.038% | $95K | $836K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1849 | −0.327% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0135% | 4h | 1.1857 | −0.257% | $1.1M | $256K | 75x | as long as short |
| dYdX ZRO-USD | +0.0200% | 1h | 1.1878 | −0.079% | $21K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0285% | 1h | 1.1879 | −0.074% | $1.4M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1861 | −0.226% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0299% | 1h | 1.1868 | −0.165% | $254K | $408K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0442% | 1h | 1.1864 | −0.198% | $98K | $207K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1910 | +0.189% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1216% | 1h | 1.1875 | −0.109% | $792K | $613K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
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