ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.034%

Price spread now: MEXC against Lighter−0.138%7-day average −0.135% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$520.520% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.365%−$37 on $10k

Price spread, last 7 days−0.152%−$15 · spread now −0.138%, 7d avg −0.135%

Together, before fees−0.517%+ Points / potential airdropLighter: Season 3 · farm board−$52 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ZRO	1.1707	0.0096	pay 0.0012% / 1h	28m 10s	$4.4M	$1.2M	5x
Short	MEXC ZRO_USDT	1.1691	0.0100	get 0.0050% / 4h	1h 28m	$19.1M	$2.7M	125x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee MEXCbpOrdersPrice spread, now −0.138%Rate

Slippage from Lighter: live order book, 4 min ago; MEXC: live order book, just now.

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, 4 min ago	9.30 bp	23.9 bp −$24	91.4 bp −$914	doesn't fit	doesn't fit
Sell MEXC live order book, just now	0.86 bp	5.9 bp −$6	23.0 bp −$230	71.9 bp −$7,189	331.7 bp −$165.8K

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	−0.0432%	1h	1.1678	−0.249%	$7K	$3K	5x	as long as short
dYdX ZRO-USD	0.0000%	1h	1.1698	−0.082%	$21K	$3K	5x	as long as short
Orderly PERP_ZRO_USDC	+0.0036%	4h	1.1685	−0.189%	$20K	$5K	10x	as long as short
Bybit ZROUSDT	+0.0040%	4h	1.1678	−0.249%	$17.8M	$14.0M	50x	as long as short
BloFin ZRO-USDT	+0.0055%	4h	1.1705	−0.018%	$1.1M	$249K	75x	as long as short
Gate ZRO_USDT	+0.0062%	4h	1.1690	−0.146%	$1.3M	$1.5M	75x	as long as short
Lighter ZROlong	+0.0096%	1h	1.1707	long leg	$4.4M	$1.2M	5x
Hyperliquid ZRO	+0.0100%	1h	1.1706	−0.009%	$37.1M	$5.5M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1698	−0.082%	$157K	$150K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1693	−0.120%	$136K	$176K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ZROUSDT	+0.0100%	4h	1.1684	−0.197%	$21.9M	$29.9M	75x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1690	−0.146%	$3.2M	$7.9M	20x	as long as short
MEXC ZRO_USDTshort	+0.0100%	4h	1.1691	−0.138%	$19.1M	$2.7M	125x
KuCoin ZROUSDTM	+0.0100%	4h	1.1694	−0.112%	$2.4M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1683	−0.206%	$2.7M	$2.6M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1687	−0.172%	—	$16.4M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1692	−0.129%	$94K	$195K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1727	+0.171%	$2.3M	$811K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1740	+0.281%	$39K	$672K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1690	−0.146%	$99K	$849K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1681	−0.224%	$21K	—	3x	as long as short
Nado ZRO-PERP	+0.0198%	1h	1.1683	−0.208%	$1.3M	$125K	5x	as long as short
Kraken Futures PF_ZROUSD	+0.0198%	1h	1.1699	−0.067%	$257K	$407K	25x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1693	−0.121%	$3K	—	100x	as long as short
Extended ZRO-USD	+0.0600%	1h	1.1680	−0.231%	$784K	$591K	10x	as long as short
Injective ZRO/USDC PERP	+0.1102%	1h	1.1760	+0.452%	$12K	$260K	12x	as long as short