Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.069%
Price spread now: OKX against Lighter−0.127%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.786% of the position
Funding, last 7 days−0.422%−$42 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now −0.127%, 7d avg −0.123%
=Together, before fees−0.536%+ Points / potential airdropLighter: Season 3 · farm board−$54 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZRO | 1.1754 | 0.0096 | pay 0.0012% / 1h | 1m 49s | $4.4M | $1.2M | 5x |
| Short | OKX ZRO-USDT-SWAP | 1.1739 | 0.0100 | get 0.0050% / 4h | 2h 01m | $3.2M | $7.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Lighter. 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: −0.127% → −0.123%
- −$0.34
- Slippage, 4 orders
- −$68.59
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$78.09
- Costs to cover
- 0.786%
- Break-even
- 657.8 days
Slippage from Lighter: live order book, 6 min ago; OKX: live order book, 1 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 Lighter live order book, 6 min ago | 4.93 bp | 27.8 bp −$28 | 94.6 bp −$946 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.70 bp | 21.8 bp −$22 | 88.6 bp −$886 | 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 | +0.0006% | 1h | 1.1738 | −0.138% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0071% | 4h | 1.1734 | −0.169% | $21K | $4K | 10x | as long as short |
| Lighter ZROlong | +0.0096% | 1h | 1.1754 | long leg | $4.4M | $1.2M | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1751 | −0.025% | $37.3M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1744 | −0.084% | $159K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1735 | −0.160% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1731 | −0.199% | $21.9M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1727 | −0.229% | $18.0M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1739 | −0.127% | $3.2M | $7.8M | 20x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1730 | −0.203% | $1.3M | $1.5M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1731 | −0.195% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1731 | −0.195% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1733 | −0.178% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1738 | −0.135% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1740 | −0.118% | $97K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1743 | −0.093% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | −0.033% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1738 | −0.135% | $99K | $821K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0104% | 4h | 1.1729 | −0.212% | $1.0M | $254K | 75x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1730 | −0.203% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0136% | 1h | 1.1737 | −0.148% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0149% | 1h | 1.1735 | −0.158% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1732 | −0.189% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0701% | 1h | 1.1740 | −0.120% | $254K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0832% | 1h | 1.1733 | −0.180% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1790 | +0.307% | $12K | $261K | 12x | as long as short |
Lighter ZRO
OKX ZRO-USDT-SWAP
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
01 Exchange ZROUSD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP