Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against BingX−0.059%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1491.494% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.059%, 7d avg −0.031%
=Funding pays, the price is against you. Gate is 0.029% cheaper against BingX than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of −0.031%). If the spread goes back, that is −$3 on $10k: about 3.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZORA-USDT | 0.008435 | 0.0070 | pay 0.0035% / 4h | 3h 43m | — | $6.6M | — |
| Short | Gate ZORA_USDT | 0.008430 | 0.0100 | get 0.0050% / 4h | 3h 43m | $155K | $71K | 25x |
BingX ZORA-USDT
Gate ZORA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $6.3
- Price spread: −0.059% → −0.031%
- −$2.86
- Slippage, 4 orders
- −$124.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$145.94
- Costs to cover
- 1.494%
- Break-even
- 169.2 days
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 22 min ago.
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 BingX live order book, 3 min ago | 1.78 bp | 14.2 bp −$14 | 52.0 bp −$520 | 587.3 bp −$58.7K | doesn't fit |
| Sell Gate live order book, 22 min ago | 5.91 bp | 61.8 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.008432 | −0.031% | $310 | $5 | 5x | as long as short |
| BingX ZORA-USDTlong | +0.0070% | 4h | 0.008435 | long leg | — | $6.6M | — | |
| Lighter ZORA | +0.0096% | 1h | 0.008434 | −0.012% | $21K | $11K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008438 | +0.036% | $26K | $26K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008447 | +0.140% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008436 | +0.012% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008440 | +0.059% | $768K | $985K | 10x | as long as short |
| Gate ZORA_USDTshort | +0.0100% | 4h | 0.008430 | −0.059% | $155K | $71K | 25x | |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008445 | +0.119% | $9.8M | $227K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008441 | +0.071% | $777K | $1.2M | 30x | as long as short |
dYdX ZORA-USD
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
MEXC ZORA_USDT
KuCoin ZORAUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008441 | +0.071% | $725K | $210K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008431 | −0.047% | $34K | $114K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008416 | −0.229% | $125K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008630 | +2.312% | $2K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008443 | +0.100% | $9K | $168K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008441 | +0.071% | $1K | — | 100x | as long as short |
| Hyperliquid ZORA | +0.0403% | 1h | 0.008457 | +0.261% | $1.6M | $315K | 3x | as long as short |
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]
Hyperliquid ZORA