ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.106%

Price spread now: 01 Exchange against Lighter+0.098%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. 01 Exchange is 0.098% dearer against Lighter than usual: you sell high and buy low (spread +0.098% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ZRO	1.1766	0.0096	pay 0.0012% / 1h	25m 36s	$4.4M	$1.2M	5x
Short	01 Exchange ZROUSD	1.1778	0.0080	get 0.0010% / 1h	25m 36s	$7K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee 01 ExchangebpOrdersPrice spread, now +0.098%Rate

Funding earned: −$3.36
Price spread: +0.098% → 0.000%: $9.77
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$0.59
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Lighter: live order book, 7 min ago; 01 Exchange: 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 Lighter live order book, 7 min ago	9.06 bp	21.5 bp −$21	90.6 bp −$906	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

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
dYdX ZRO-USD	+0.0012%	1h	1.1759	−0.062%	$21K	$4K	5x	as long as short
Orderly PERP_ZRO_USDC	+0.0037%	4h	1.1726	−0.341%	$21K	$5K	10x	as long as short
01 Exchange ZROUSDshort	+0.0080%	1h	1.1778	+0.098%	$7K	$3K	5x
Lighter ZROlong	+0.0096%	1h	1.1766	long leg	$4.4M	$1.2M	5x
BloFin ZRO-USDT	+0.0098%	4h	1.1711	−0.468%	$1.0M	$249K	75x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1740	−0.220%	$158K	$150K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1754	−0.105%	$136K	$177K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1749	−0.143%	$22.0M	$29.8M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1744	−0.188%	$17.9M	$13.8M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1756	−0.086%	$3.2M	$7.9M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZRO_USDT	+0.0100%	4h	1.1750	−0.137%	$1.3M	$1.5M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1746	−0.171%	$19.3M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1726	−0.341%	$2.4M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1750	−0.137%	$2.7M	$2.6M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1751	−0.128%	—	$16.5M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1734	−0.273%	$97K	$217K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1713	−0.453%	$2.3M	$810K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1720	−0.392%	$39K	$670K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1736	−0.256%	$100K	$850K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1722	−0.371%	$21K	—	3x	as long as short
Nado ZRO-PERP	+0.0188%	1h	1.1724	−0.361%	$1.3M	$124K	5x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0293% / S −0.2341%	1h	1.1726	−0.341%	$3K	—	100x	as long as short
Kraken Futures PF_ZROUSD	+0.0379%	1h	1.1741	−0.215%	$258K	$400K	25x	as long as short
Hyperliquid ZRO	+0.0392%	1h	1.1750	−0.137%	$37.2M	$5.5M	5x	as long as short
Injective ZRO/USDC PERP	+0.1186%	1h	1.1770	+0.033%	$12K	$260K	12x	as long as short
Extended ZRO-USD	+0.1216%	1h	1.1751	−0.129%	$784K	$589K	10x	as long as short