Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.031%
Price spread now: Lighter against KuCoin+0.209%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1421.417% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now +0.209%, 7d avg +0.124%
=Together, before fees+0.405%+ Points / potential airdropLighter: Season 3 · farm board+$41 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 0.085% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1753 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $2.4M | $2.0M | 50x |
| Short | Lighter ZRO | 1.1778 | 0.0096 | get 0.0012% / 1h | 43m 07s | $4.4M | $1.2M | 5x |
KuCoin ZROUSDTM
Lighter ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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: +0.209% → +0.124%
- $8.52
- Slippage, 4 orders
- −$129.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$133.99
- Costs to cover
- 1.417%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 5 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 KuCoin live order book, 4 min ago | 7.65 bp | 40.0 bp −$40 | 145.1 bp −$1,451 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 12.76 bp | 31.5 bp −$32 | 108.0 bp −$1,080 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0027% | 1h | 1.1777 | +0.208% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0048% | 4h | 1.1752 | −0.009% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0089% | 4h | 1.1750 | −0.026% | $1.1M | $250K | 75x | as long as short |
| Lighter ZROshort | +0.0096% | 1h | 1.1778 | +0.209% | $4.4M | $1.2M | 5x | |
| Aster ZROUSDT | +0.0100% | 4h | 1.1762 | +0.079% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1768 | +0.129% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1757 | +0.034% | $22.1M | $29.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1760 | +0.060% | $18.0M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1759 | +0.051% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | +0.060% | $1.3M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
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 | 1.1753 | 0.000% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1753 | long leg | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1750 | −0.026% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1758 | +0.043% | — | $16.4M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1770 | +0.144% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | +0.145% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1761 | +0.068% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1748 | −0.042% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0124% | 1h | 1.1756 | +0.026% | $98K | $220K | 20x | as long as short |
| Nado ZRO-PERP | +0.0217% | 1h | 1.1762 | +0.076% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1753 | +0.004% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0312% | 1h | 1.1765 | +0.105% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0460% | 1h | 1.1772 | +0.158% | $259K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0511% | 1h | 1.1770 | +0.145% | $37.3M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1056% | 1h | 1.1753 | +0.004% | $788K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1810 | +0.485% | $12K | $261K | 12x | as long as short |
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Backpack ZRO_USDC_PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP