Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.136%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1781.781% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.136%, 7d avg +0.088%
=Together, before fees−0.054%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.048% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZORAUSDT | 0.008438 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $2.3M | $1.6M | 25x |
| Short | Extended ZORA-USD | 0.008449 | 0.0104 | get 0.0013% / 1h | 40m 30s | $9K | $168K | 5x |
Bybit ZORAUSDT
Extended ZORA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: +0.136% → +0.088%
- $4.78
- Slippage, 4 orders
- −$162.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$172.45
- Costs to cover
- 1.781%
- Break-even
- 1444.1 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 31 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 Bybit live order book, 1 min ago | 2.97 bp | 29.5 bp −$30 | 89.0 bp −$890 | doesn't fit | doesn't fit |
| Sell Extended live order book, 31 min ago | 4.74 bp | 66.0 bp −$66 | 368.0 bp −$3,680 | 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 | −0.067% | $310 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008446 | +0.095% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008431 | −0.083% | $21K | $11K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008440 | +0.027% | $26K | $26K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008451 | +0.154% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDTlong | +0.0100% | 4h | 0.008438 | long leg | $2.3M | $1.6M | 25x | |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008445 | +0.083% | $769K | $983K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008440 | +0.024% | $155K | $71K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008448 | +0.119% | $9.8M | $227K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008448 | +0.119% | $774K | $1.2M | 30x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
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 | 0.008448 | +0.119% | $726K | $205K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008446 | +0.095% | $34K | $113K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008428 | −0.122% | $125K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008630 | +2.275% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USDshort | +0.0104% | 1h | 0.008449 | +0.136% | $9K | $168K | 5x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008442 | +0.047% | $1K | — | 100x | as long as short |
| Hyperliquid ZORA | +0.0341% | 1h | 0.008467 | +0.344% | $1.6M | $315K | 3x | as long as short |
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
GMX ZORA/USD [ETH-USDC]
Hyperliquid ZORA