ZORA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.031%

Price spread now: dYdX against Extended−0.156%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.156% cheaper against Extended than usual: you would sell low and buy high (−$16 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	Extended ZORA-USD	0.008502	0.0104	pay 0.0013% / 1h	34m 59s	$6K	$201K	5x
Short	dYdX ZORA-USD	0.008489	0	get 0.0000% / 1h	34m 59s	$293	$19	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee dYdXbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$21.84
Price spread: −0.156% → 0.000%: −$15.6
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$52.44
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 6 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 Extended live order book, 6 min ago	5.88 bp	47.8 bp −$48	359.0 bp −$3,590	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
Backpack ZORA_USDC_PERP	−0.0330%	1h	0.008501	−0.012%	$37K	$106K	10x	as long as short
dYdX ZORA-USDshort	0.0000%	1h	0.008489	−0.156%	$293	$19	5x
BingX ZORA-USDT	+0.0070%	4h	0.008495	−0.082%	—	$6.6M	—	as long as short
Lighter ZORA	+0.0096%	1h	0.008490	−0.141%	$22K	$16K	3x	as long as short
Hyperliquid ZORA	+0.0100%	1h	0.008516	+0.165%	$1.6M	$309K	3x	as long as short
Aster ZORAUSDT	+0.0100%	4h	0.008503	+0.015%	$26K	$15K	5x	as long as short
Binance ZORAUSDT	+0.0100%	4h	0.008502	−0.001%	$2.5M	$4.4M	50x	as long as short
Bybit ZORAUSDT	+0.0100%	4h	0.008484	−0.212%	$2.4M	$1.7M	25x	as long as short
OKX ZORA-USDT-SWAP	+0.0100%	4h	0.008501	−0.012%	$770K	$991K	10x	as long as short
Gate ZORA_USDT	+0.0100%	4h	0.008480	−0.259%	$161K	$82K	25x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ZORA_USDT	+0.0100%	4h	0.008506	+0.047%	$9.9M	$234K	50x	as long as short
KuCoin ZORAUSDTM	+0.0100%	4h	0.008498	−0.047%	$752K	$1.5M	30x	as long as short
Bitget ZORAUSDT	+0.0100%	4h	0.008501	−0.012%	$694K	$290K	25x	as long as short
Variational Omni ZORA	+0.0100%	4h	0.008451	−0.606%	$126K	$25K	—	as long as short
SunX ZORA-USDT	+0.0100%	4h	0.008680	+2.094%	$1K	$1.4M	20x	as long as short
Extended ZORA-USDlong	+0.0104%	1h	0.008502	long leg	$6K	$201K	5x
GMX ZORA/USD [ETH-USDC]	L +0.0231% / S −0.0433%	1h	0.008501	−0.012%	$1K	—	100x	as long as short