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
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—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZORAUSDT | 0.008412 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $734K | $205K | 25x |
| Short | dYdX ZORA-USD | 0.008404 | 0 | get 0.0000% / 1h | 42m 20s | $309 | $5 | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 38 min ago | 11.89 bp | 27.4 bp −$27 | 131.8 bp −$1,318 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USDshort | 0.0000% | 1h | 0.008404 | −0.096% | $309 | $5 | 5x | |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008405 | −0.083% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008395 | −0.202% | $22K | $11K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008414 | +0.027% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008416 | +0.049% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008402 | −0.119% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008405 | −0.083% | $765K | $968K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008410 | −0.024% | $155K | $73K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008415 | +0.036% | $9.8M | $224K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008409 | −0.036% | $775K | $1.1M | 30x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDTlong | +0.0100% | 4h | 0.008412 | long leg | $734K | $205K | 25x | |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008412 | 0.000% | $33K | $117K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008372 | −0.473% | $124K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008590 | +2.116% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008414 | +0.027% | $6K | $169K | 5x | as long as short |
| Hyperliquid ZORA | +0.0139% | 1h | 0.008430 | +0.214% | $1.6M | $317K | 3x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008413 | +0.012% | $1K | — | 100x | as long as short |
Bitget ZORAUSDT
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
Hyperliquid ZORA
GMX ZORA/USD [ETH-USDC]