Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.105%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.105% cheaper against Lighter than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZORA | 0.008531 | 0.0096 | pay 0.0012% / 1h | 3m 31s | $21K | $12K | 3x |
| Short | Binance ZORAUSDT | 0.008522 | 0.0100 | get 0.0050% / 4h | 3h 03m | $2.5M | $4.0M | 50x |
Lighter ZORA
Binance ZORAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.105% → 0.000%
- −$10.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$19.71
- Costs to cover
- 0.100%
- Break-even
- 171.2 days
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 3 min ago. 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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.58 bp | 20.4 bp −$20 | 96.8 bp −$968 | doesn't fit | doesn't fit |
Lighter: 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.
ZORA on 17 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 ZORA-USD | 0.0000% | 1h | 0.008554 | +0.270% | $315 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008512 | −0.223% | — | $6.6M | — | as long as short |
| Lighter ZORAlong | +0.0096% | 1h | 0.008531 | long leg | $21K | $12K | 3x | |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008564 | +0.387% | $1.6M | $314K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008558 | +0.319% | $26K | $26K | 5x | as long as short |
| Binance ZORAUSDTshort | +0.0100% | 4h | 0.008522 | −0.105% | $2.5M | $4.0M | 50x | |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008513 | −0.211% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008515 | −0.188% | $776K | $1.0M | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008520 | −0.129% | $155K | $77K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008544 | +0.152% | $9.9M | $229K | 50x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Hyperliquid ZORA
Aster ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008532 | +0.012% | $779K | $1.3M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008511 | −0.234% | $730K | $212K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008558 | +0.316% | $33K | $114K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008537 | +0.075% | $127K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008750 | +2.567% | $1K | $1.3M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008509 | −0.263% | $9K | $169K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008566 | +0.410% | $1K | — | 100x | as long as short |
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]