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
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZRO | 1.1703 | 0.0100 | pay 0.0013% / 1h | 1m 40s | $136K | $167K | 5x |
| Short | Lighter ZRO | 1.1720 | 0.0096 | get 0.0012% / 1h | 1m 40s | $4.4M | $1.2M | 5x |
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 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: +0.150% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 1 min ago | 5.12 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 14.08 bp | 15.0 bp −$15 | 83.2 bp −$832 | doesn't fit | doesn't fit |
ZRO on 25 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 | −0.0216% | 1h | 1.1693 | −0.085% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | +0.0003% | 1h | 1.1701 | −0.016% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0034% | 4h | 1.1709 | +0.054% | $20K | $5K | 10x | as long as short |
| Bybit ZROUSDT | +0.0036% | 4h | 1.1685 | −0.151% | $17.9M | $13.9M | 50x | as long as short |
| Gate ZRO_USDT | +0.0044% | 4h | 1.1700 | −0.023% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZROshort | +0.0096% | 1h | 1.1720 | +0.150% | $4.4M | $1.2M | 5x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1723 | +0.174% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1720 | +0.146% | $158K | $150K | 10x | as long as short |
| Pacifica ZROlong | +0.0100% | 1h | 1.1703 | long leg | $136K | $167K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1697 | −0.050% | $21.9M | $29.7M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1695 | −0.066% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1703 | +0.003% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1706 | +0.028% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1704 | +0.011% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1697 | −0.049% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1713 | +0.088% | $98K | $209K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1639 | −0.540% | $2.3M | $814K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | −0.194% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1731 | +0.242% | $92K | $836K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1706 | +0.025% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0221% | 1h | 1.1715 | +0.103% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1715 | +0.107% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0371% | 1h | 1.1720 | +0.144% | $259K | $407K | 25x | as long as short |
| Extended ZRO-USD | +0.1032% | 1h | 1.1691 | −0.104% | $785K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1730 | +0.233% | $12K | $260K | 12x | as long as short |
Pacifica ZRO
Lighter ZRO
01 Exchange ZROUSD
Bybit ZROUSDT
Gate ZRO_USDT
Hyperliquid ZRO
Aster ZROUSDT
Binance ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP