ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.029%

Price spread now: Bybit against Lighter−0.163%7-day average −0.156% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$600.597% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.349%−$35 on $10k

Price spread, last 7 days−0.081%−$8 · spread now −0.163%, 7d avg −0.156%

Together, before fees−0.430%+ Points / potential airdropLighter: Season 3 · farm board−$43 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ZRO	1.1684	0.0096	pay 0.0012% / 1h	4m 17s	$4.3M	$1.2M	5x
Short	Bybit ZROUSDT	1.1665	0.0100	get 0.0050% / 4h	1h 04m	$17.9M	$13.3M	50x

Funding history

latest

Range statsloading…

Bybit 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 BybitbpOrdersPrice spread, now −0.163%Rate

Slippage from Lighter: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago	7.26 bp	20.1 bp −$20	89.9 bp −$899	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.29 bp	14.8 bp −$15	40.6 bp −$406	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	+0.0027%	1h	1.1670	−0.119%	$21K	$5K	5x	as long as short
BloFin ZRO-USDT	+0.0062%	4h	1.1684	−0.001%	$1.0M	$202K	75x	as long as short
01 Exchange ZROUSD	+0.0080%	1h	1.1668	−0.140%	$4K	$5K	5x	as long as short
Orderly PERP_ZRO_USDC	+0.0094%	4h	1.1663	−0.181%	$20K	$4K	10x	as long as short
Lighter ZROlong	+0.0096%	1h	1.1684	long leg	$4.3M	$1.2M	5x
Hyperliquid ZRO	+0.0100%	1h	1.1671	−0.116%	$37.0M	$5.4M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1677	−0.058%	$157K	$149K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1671	−0.114%	$137K	$171K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1659	−0.215%	$21.8M	$29.0M	75x	as long as short
Bybit ZROUSDTshort	+0.0100%	4h	1.1665	−0.163%	$17.9M	$13.3M	50x

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	1.1661	−0.198%	$3.2M	$7.7M	20x	as long as short
Gate ZRO_USDT	+0.0100%	4h	1.1680	−0.035%	$1.3M	$1.4M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1662	−0.189%	$19.1M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1677	−0.061%	$2.4M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1664	−0.172%	$2.7M	$2.5M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1668	−0.138%	—	$16.5M	—	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1681	−0.023%	$2.3M	$771K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1690	+0.050%	$39K	$669K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1669	−0.129%	$99K	$817K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1660	−0.206%	$21K	—	3x	as long as short
Backpack ZRO_USDC_PERP	+0.0234%	1h	1.1686	+0.016%	$95K	$216K	20x	as long as short
Nado ZRO-PERP	+0.0252%	1h	1.1667	−0.150%	$1.3M	$128K	5x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1662	−0.188%	$3K	—	100x	as long as short
Kraken Futures PF_ZROUSD	+0.0515%	1h	1.1674	−0.089%	$254K	$298K	25x	as long as short
Extended ZRO-USD	+0.0768%	1h	1.1660	−0.209%	$797K	$647K	10x	as long as short
Injective ZRO/USDC PERP	+0.1317%	1h	1.1730	+0.393%	$12K	$261K	12x	as long as short