Funding arb · Price arb /

ZORA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Aster+0.041%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Bitget

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.041% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZORAUSDT	0.008429	0.0100	pay 0.0050% / 4h	1h 15m	$26K	$28K	5x
Short	Bitget ZORAUSDT	0.008432	0.0100	get 0.0050% / 4h	1h 15m	$734K	$209K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → 0.000%: $4.08
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$15.92
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bitget: live order book, 65 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 Aster no order-book sample	—	—	—	—	—
Sell Bitget live order book, 65 min ago	11.89 bp	39.3 bp −$39	115.9 bp −$1,159	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ZORA-USD	0.0000%	1h	0.008430	+0.014%	$310	$5	5x	as long as short
BingX ZORA-USDT	+0.0070%	4h	0.008421	−0.090%	—	$6.6M	—	as long as short
Lighter ZORA	+0.0096%	1h	0.008415	−0.161%	$22K	$11K	3x	as long as short
Hyperliquid ZORA	+0.0100%	1h	0.008435	+0.076%	$1.6M	$318K	3x	as long as short
Aster ZORAUSDTlong	+0.0100%	4h	0.008429	long leg	$26K	$28K	5x
Binance ZORAUSDT	+0.0100%	4h	0.008428	−0.002%	$2.5M	$3.9M	50x	as long as short
Bybit ZORAUSDT	+0.0100%	4h	0.008414	−0.173%	$2.3M	$1.6M	25x	as long as short
OKX ZORA-USDT-SWAP	+0.0100%	4h	0.008430	+0.017%	$765K	$976K	10x	as long as short
Gate ZORA_USDT	+0.0100%	4h	0.008420	−0.102%	$157K	$75K	25x	as long as short
MEXC ZORA_USDT	+0.0100%	4h	0.008425	−0.042%	$9.8M	$226K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZORAUSDTM	+0.0100%	4h	0.008422	−0.078%	$773K	$1.1M	30x	as long as short
Bitget ZORAUSDTshort	+0.0100%	4h	0.008432	+0.041%	$734K	$209K	25x
Variational Omni ZORA	+0.0100%	4h	0.008400	−0.339%	$125K	$26K	—	as long as short
SunX ZORA-USDT	+0.0100%	4h	0.008600	+2.034%	$2K	$1.2M	20x	as long as short
Extended ZORA-USD	+0.0104%	1h	0.008423	−0.066%	$6K	$169K	5x	as long as short
Backpack ZORA_USDC_PERP	+0.0131%	1h	0.008426	−0.030%	$34K	$116K	10x	as long as short
GMX ZORA/USD [ETH-USDC]	L +0.0230% / S −0.0433%	1h	0.008425	−0.042%	$1K	—	100x	as long as short