ZORA

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: Binance against BingX+0.024%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$770.774% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 7 days−0.018%−$2 · spread now +0.024%, 7d avg +0.028%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZORA-USDT	0.008364	0.0070	pay 0.0035% / 4h	2h 52m	—	$6.6M	—
Short	Binance ZORAUSDT	0.008366	0.0100	get 0.0050% / 4h	2h 52m	$2.5M	$4.0M	50x

Funding history

latest

Range statsloading…

Binance against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now +0.024%Rate

Slippage from BingX: live order book, 14 min ago; Binance: live order book, 14 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 14 min ago	0.60 bp	11.5 bp −$11	53.0 bp −$530	588.3 bp −$58.8K	doesn't fit
Sell Binance live order book, 14 min ago	2.98 bp	23.9 bp −$24	98.7 bp −$987	doesn't fit	doesn't fit

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
Backpack ZORA_USDC_PERP	−0.0350%	1h	0.008372	+0.096%	$34K	$120K	10x	as long as short
dYdX ZORA-USD	0.0000%	1h	0.008376	+0.143%	$308	$5	5x	as long as short
Variational Omni ZORA	+0.0005%	4h	0.008374	+0.119%	$124K	$26K	—	as long as short
BingX ZORA-USDTlong	+0.0070%	4h	0.008364	long leg	—	$6.6M	—
Lighter ZORA	+0.0096%	1h	0.008356	−0.096%	$22K	$11K	3x	as long as short
Aster ZORAUSDT	+0.0100%	4h	0.008369	+0.059%	$26K	$28K	5x	as long as short
Binance ZORAUSDTshort	+0.0100%	4h	0.008366	+0.024%	$2.5M	$4.0M	50x
Bybit ZORAUSDT	+0.0100%	4h	0.008356	−0.096%	$2.2M	$1.6M	25x	as long as short
OKX ZORA-USDT-SWAP	+0.0100%	4h	0.008360	−0.048%	$760K	$963K	10x	as long as short
Gate ZORA_USDT	+0.0100%	4h	0.008360	−0.048%	$154K	$73K	25x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ZORA_USDT	+0.0100%	4h	0.008366	+0.024%	$9.7M	$228K	50x	as long as short
KuCoin ZORAUSDTM	+0.0100%	4h	0.008365	+0.012%	$734K	$1.1M	30x	as long as short
Bitget ZORAUSDT	+0.0100%	4h	0.008369	+0.060%	$730K	$214K	25x	as long as short
SunX ZORA-USDT	+0.0100%	4h	0.008550	+2.224%	$2K	$1.2M	20x	as long as short
Extended ZORA-USD	+0.0104%	1h	0.008366	+0.024%	$6K	$169K	5x	as long as short
GMX ZORA/USD [ETH-USDC]	L +0.0230% / S −0.0433%	1h	0.008367	+0.036%	$1K	—	100x	as long as short
Hyperliquid ZORA	+0.0559%	1h	0.008384	+0.239%	$1.6M	$318K	3x	as long as short