Settings8H · net · $10k
Funding arb · Price arb /

ZRO

all ZRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.037%
Price spread now: Lighter against Pacifica+0.150%7-day average +0.161% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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)+0.020%+$2 · spread now +0.150%, 7d avg +0.161%
Together, before fees+0.392%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$39 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZRO1.17030.0100pay 0.0013% / 1h1m 40s$136K$167K5x
ShortLighter ZRO1.17200.0096get 0.0012% / 1h1m 40s$4.4M$1.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
−$0.84
Price spread: +0.150% → +0.161%
−$1.01
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$9.85
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 1 min ago; Lighter: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 1 min ago5.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago14.08 bp15.0 bp −$1583.2 bp −$832doesn't fitdoesn't fit

ZRO on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZROUSD−0.0216%1h1.1693−0.085%$7K$3K5xas long as short
dYdX ZRO-USD+0.0003%1h1.1701−0.016%$21K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0034%4h1.1709+0.054%$20K$5K10xas long as short
Bybit ZROUSDT+0.0036%4h1.1685−0.151%$17.9M$13.9M50xas long as short
Gate ZRO_USDT+0.0044%4h1.1700−0.023%$1.3M$1.5M75xas long as short
Lighter ZROshort+0.0096%1h1.1720+0.150%$4.4M$1.2M5x
Hyperliquid ZRO+0.0100%1h1.1723+0.174%$37.1M$5.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1720+0.146%$158K$150K10xas long as short
Pacifica ZROlong+0.0100%1h1.1703long leg$136K$167K5x
Binance ZROUSDT+0.0100%4h1.1697−0.050%$21.9M$29.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1695−0.066%$3.2M$7.9M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1703+0.003%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1706+0.028%$2.3M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1704+0.011%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1697−0.049%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1713+0.088%$98K$209K20xas long as short
Variational Omni ZRO+0.0100%4h1.1639−0.540%$2.3M$814Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1680−0.194%$39K$674K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1731+0.242%$92K$836K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1706+0.025%$21K3xas long as short
Nado ZRO-PERP+0.0221%1h1.1715+0.103%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1715+0.107%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0371%1h1.1720+0.144%$259K$407K25xas long as short
Extended ZRO-USD+0.1032%1h1.1691−0.104%$785K$590K10xas long as short
Injective ZRO/USDC PERP+0.1213%1h1.1730+0.233%$12K$260K12xas long as short