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

ZORA

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Bitget−0.096%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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.096% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZORAUSDT0.0084120.0100pay 0.0050% / 4h1h 42m$734K$205K25x
ShortdYdX ZORA-USD0.0084040get 0.0000% / 1h42m 20s$309$55x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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
−$21
Price spread: −0.096% → 0.000%
−$9.57
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$52.57
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 38 min ago; dYdX: no order-book sample. 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 Bitget live order book, 38 min ago11.89 bp27.4 bp −$27131.8 bp −$1,318doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h0.008404−0.096%$309$55x
BingX ZORA-USDT+0.0070%4h0.008405−0.083%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008395−0.202%$22K$11K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008414+0.027%$26K$28K5xas long as short
Binance ZORAUSDT+0.0100%4h0.008416+0.049%$2.5M$3.9M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008402−0.119%$2.3M$1.6M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008405−0.083%$765K$968K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008410−0.024%$155K$73K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008415+0.036%$9.8M$224K50xas long as short
KuCoin ZORAUSDTM+0.0100%4h0.008409−0.036%$775K$1.1M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDTlong+0.0100%4h0.008412long leg$734K$205K25x
Backpack ZORA_USDC_PERP+0.0100%1h0.0084120.000%$33K$117K10xas long as short
Variational Omni ZORA+0.0100%4h0.008372−0.473%$124K$26Kas long as short
SunX ZORA-USDT+0.0100%4h0.008590+2.116%$1K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008414+0.027%$6K$169K5xas long as short
Hyperliquid ZORA+0.0139%1h0.008430+0.214%$1.6M$317K3xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008413+0.012%$1K100xas long as short