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

ZORA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Aster−0.123%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.123% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZORAUSDT0.0084750.0100pay 0.0050% / 4h34m 09s$26K$28K5x
ShortBingX ZORA-USDT0.0084650.0070get 0.0035% / 4h34m 09s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
−$6.3
Price spread: −0.123% → 0.000%
−$12.33
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$36.63
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BingX: live order book, 3 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 Aster no order-book sample
Sell BingX live order book, 3 min ago1.77 bp15.7 bp −$1652.2 bp −$522573.1 bp −$57.3K1101.6 bp −$550.8K
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZORA on 17 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
dYdX ZORA-USD0.0000%1h0.008472−0.041%$312$55xas long as short
BingX ZORA-USDTshort+0.0070%4h0.008465−0.123%$6.6M
Lighter ZORA+0.0096%1h0.008456−0.229%$21K$12K3xas long as short
Aster ZORAUSDTlong+0.0100%4h0.008475long leg$26K$28K5x
Binance ZORAUSDT+0.0100%4h0.008473−0.029%$2.5M$3.9M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008461−0.170%$2.3M$1.6M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008462−0.159%$772K$987K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008470−0.064%$156K$74K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008471−0.053%$9.8M$227K50xas long as short
KuCoin ZORAUSDTM+0.0100%4h0.008468−0.088%$766K$1.2M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDT+0.0100%4h0.008481+0.065%$741K$208K25xas long as short
Variational Omni ZORA+0.0100%4h0.008453−0.265%$126K$26Kas long as short
SunX ZORA-USDT+0.0100%4h0.008660+2.177%$2K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008467−0.104%$6K$169K5xas long as short
Hyperliquid ZORA+0.0105%1h0.008493+0.207%$1.6M$315K3xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008472−0.041%$1K100xas long as short
Backpack ZORA_USDC_PERP+0.0301%1h0.008473−0.029%$34K$114K10xas long as short