Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.037%
Price spread now: Lighter against KuCoin+0.126%7-day average +0.129% · 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−$141as in the Price arb table
costs, in and out, $10k−$1411.412% of the position
Funding, last 7 days+0.345%+$35 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now +0.126%, 7d avg +0.129%
=Together, before fees+0.467%+ Points / potential airdropLighter: Season 3 · farm board+$47 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1633 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $2.3M | $1.9M | 50x |
| Short | Lighter ZRO | 1.1648 | 0.0096 | get 0.0012% / 1h | 39m 39s | $4.3M | $1.2M | 5x |
Funding 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: +0.126% → +0.129%
- −$0.33
- Slippage, 4 orders
- −$129.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$142.34
- Costs to cover
- 1.412%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Lighter: live order book, 3 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, 2 min ago | 12.42 bp | 60.1 bp −$60 | 145.6 bp −$1,456 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 7.61 bp | 13.3 bp −$13 | 84.2 bp −$842 | 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 | −0.0264% | 1h | 1.1612 | −0.181% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1639 | +0.048% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDT | +0.0016% | 4h | 1.1610 | −0.198% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0016% | 4h | 1.1611 | −0.189% | $20K | $6K | 10x | as long as short |
| Lighter ZROshort | +0.0096% | 1h | 1.1648 | +0.126% | $4.3M | $1.2M | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1642 | +0.077% | $36.9M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1636 | +0.027% | $155K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1636 | +0.028% | $135K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1637 | +0.034% | $21.8M | $30.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1625 | −0.069% | $17.8M | $14.1M | 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 | 1.1636 | +0.026% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1630 | −0.026% | $18.9M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1633 | long leg | $2.3M | $1.9M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1639 | +0.052% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1634 | +0.009% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1629 | −0.034% | $96K | $215K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1655 | +0.186% | $2.3M | $837K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | +0.834% | $39K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1607 | −0.224% | $91K | $841K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1601 | −0.273% | $20K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0132% | 4h | 1.1753 | +1.032% | $1.1M | $253K | 75x | as long as short |
| Nado ZRO-PERP | +0.0239% | 1h | 1.1596 | −0.320% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1604 | −0.249% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0373% | 1h | 1.1646 | +0.113% | $250K | $407K | 25x | as long as short |
| Extended ZRO-USD | +0.0960% | 1h | 1.1629 | −0.037% | $776K | $593K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1730 | +0.834% | $12K | $260K | 12x | as long as short |
KuCoin ZROUSDTM
Lighter ZRO
01 Exchange ZROUSD
Gate ZRO_USDT
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP