ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.029%

Price spread now: Pacifica against Lighter−0.142%7-day average −0.156% · you buy dearer than you sell

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1051.047% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.372%−$37 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.142%, 7d avg −0.156%

Together, before fees−0.400%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board−$40 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ZRO	1.1656	0.0096	pay 0.0012% / 1h	19m 30s	$4.3M	$1.2M	5x
Short	Pacifica ZRO	1.1639	0.0100	get 0.0013% / 1h	19m 30s	$137K	$165K	5x

Funding history

latest

Range statsloading…

Pacifica 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 PacificabpOrdersPrice spread, now −0.142%Rate

Slippage from Lighter: live order book, 13 min ago; Pacifica: live order book, 18 min ago.

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, 13 min ago	13.29 bp	20.0 bp −$20	80.8 bp −$808	doesn't fit	doesn't fit
Sell Pacifica live order book, 18 min ago	3.01 bp	10.4 bp −$10	doesn't fit	doesn't fit	doesn't fit

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	0.0000%	1h	1.1632	−0.208%	$21K	$5K	5x	as long as short
01 Exchange ZROUSD	0.0000%	1h	1.1644	−0.103%	$4K	$5K	5x	as long as short
Orderly PERP_ZRO_USDC	+0.0085%	4h	1.1627	−0.247%	$20K	$4K	10x	as long as short
Lighter ZROlong	+0.0096%	1h	1.1656	long leg	$4.3M	$1.2M	5x
Nado ZRO-PERP	+0.0100%	1h	1.1639	−0.143%	$1.3M	$125K	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1646	−0.084%	$36.9M	$5.3M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1642	−0.117%	$157K	$150K	10x	as long as short
Pacifica ZROshort	+0.0100%	1h	1.1639	−0.142%	$137K	$165K	5x
Binance ZROUSDT	+0.0100%	4h	1.1637	−0.161%	$21.8M	$28.7M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1629	−0.230%	$17.8M	$13.1M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1638	−0.153%	$3.2M	$7.6M	20x	as long as short
Gate ZRO_USDT	+0.0100%	4h	1.1630	−0.221%	$1.3M	$1.4M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1635	−0.178%	$19.1M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1629	−0.230%	$2.4M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1627	−0.247%	$2.7M	$2.5M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1633	−0.196%	—	$21.7M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1636	−0.170%	$94K	$213K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1605	−0.436%	$2.3M	$759K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1630	−0.221%	$39K	$669K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1641	−0.127%	$99K	$813K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1625	−0.264%	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0122%	4h	1.1622	−0.290%	$1.0M	$198K	75x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1634	−0.185%	$3K	—	100x	as long as short
Kraken Futures PF_ZROUSD	+0.0433%	1h	1.1641	−0.128%	$253K	$296K	25x	as long as short
Extended ZRO-USD	+0.0488%	1h	1.1636	−0.169%	$793K	$647K	10x	as long as short
Injective ZRO/USDC PERP	+0.1271%	1h	1.1670	+0.122%	$12K	$261K	12x	as long as short