Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.006%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1641.636% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.006%, 7d avg +0.038%
=Together, before fees−0.006%+ Points / potential airdropExtended: Active · farm board−$1 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: Binance is 0.044% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZORA-USD | 0.008506 | 0.0104 | pay 0.0013% / 1h | 16m 56s | $6K | $167K | 5x |
| Short | Binance ZORAUSDT | 0.008505 | 0.0100 | get 0.0050% / 4h | 3h 16m | $2.5M | $4.0M | 50x |
Extended ZORA-USD
Binance ZORAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: −0.006% → +0.038%
- −$4.35
- Slippage, 4 orders
- −$148.61
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$168.81
- Costs to cover
- 1.636%
- Break-even
- never at this rate
Slippage from Extended: live order book, 54 min ago; Binance: live order book, 5 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 Extended live order book, 54 min ago | 4.74 bp | 57.3 bp −$57 | 321.4 bp −$3,214 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.18 bp | 21.4 bp −$21 | 90.0 bp −$900 | 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 | 0.008494 | −0.136% | $313 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008502 | −0.046% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008480 | −0.304% | $22K | $11K | 3x | as long as short |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008515 | +0.107% | $1.6M | $314K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008496 | −0.120% | $26K | $26K | 5x | as long as short |
| Binance ZORAUSDTshort | +0.0100% | 4h | 0.008505 | −0.006% | $2.5M | $4.0M | 50x | |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008495 | −0.128% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008501 | −0.058% | $775K | $1.0M | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008490 | −0.187% | $155K | $75K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008507 | +0.013% | $9.9M | $228K | 50x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Hyperliquid ZORA
Aster ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008497 | −0.105% | $778K | $1.3M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008504 | −0.022% | $729K | $215K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008498 | −0.093% | $33K | $115K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008477 | −0.339% | $126K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008670 | +1.929% | $2K | $1.3M | 20x | as long as short |
| Extended ZORA-USDlong | +0.0104% | 1h | 0.008506 | long leg | $6K | $167K | 5x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008483 | −0.269% | $1K | — | 100x | as long as short |
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
GMX ZORA/USD [ETH-USDC]