Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.029%
Price spread now: Lighter against Aster−0.031%7-day average +0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 6 days (all we have)+0.337%+$34 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.031%, 7d avg +0.116%
=Together, before fees+0.476%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$48 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 0.147% cheaper against Aster than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.116%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZROUSDT | 1.1920 | 0.0100 | pay 0.0050% / 4h | 3h 35m | $161K | $151K | 10x |
| Short | Lighter ZRO | 1.1916 | 0.0096 | get 0.0012% / 1h | 35m 20s | $4.4M | $1.2M | 5x |
Aster ZROUSDT
Lighter ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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: −0.031% → +0.116%
- −$14.71
- Slippage, 4 orders
- −$98.95
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$122.5
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from Aster: live order book, 61 min ago; Lighter: live order book, 2 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 Aster live order book, 61 min ago | 4.30 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 7.87 bp | 15.7 bp −$16 | 96.6 bp −$966 | 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 | −0.0280% | 1h | 1.1907 | −0.108% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1918 | −0.015% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0072% | 4h | 1.1906 | −0.115% | $21K | $4K | 10x | as long as short |
| Lighter ZROshort | +0.0096% | 1h | 1.1916 | −0.031% | $4.4M | $1.2M | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1921 | +0.011% | $37.8M | $5.3M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1920 | long leg | $161K | $151K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1909 | −0.092% | $137K | $170K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1904 | −0.132% | $22.4M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1900 | −0.165% | $18.2M | $13.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1910 | −0.081% | $3.2M | $7.9M | 20x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Hyperliquid ZRO
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 | 1.1910 | −0.081% | $1.4M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1908 | −0.098% | $20.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1914 | −0.048% | $2.5M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1905 | −0.123% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1904 | −0.132% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1906 | −0.119% | $2.3M | $766K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1920 | +0.003% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1917 | −0.023% | $101K | $801K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1903 | −0.138% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0126% | 4h | 1.1908 | −0.098% | $1.1M | $201K | 75x | as long as short |
| Nado ZRO-PERP | +0.0156% | 1h | 1.1911 | −0.072% | $1.4M | $129K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1909 | −0.088% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0408% | 1h | 1.1902 | −0.148% | $815K | $646K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0550% | 1h | 1.1912 | −0.066% | $271K | $312K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0598% | 1h | 1.1921 | +0.011% | $96K | $221K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1960 | +0.338% | $13K | $258K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP