ZORA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0329%/8h= +36.1% APRnext payment +$0.41 per $10,000 · paid last 24h +0.093%

Price spread now: GMX against Extended+0.076%7-day average — · you sell dearer than you buy

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.076% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ZORA-USD	0.008549	0.0104	pay 0.0013% / 1h	41m 33s	$6K	$202K	5x
Short	GMX ZORA/USD [ETH-USDC]	0.008556	L +0.0231% / S −0.0433%	get 0.0054% / 1h	41m 33s	$1K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.076%Rate

Funding earned: $69.18
Price spread: +0.076% → 0.000%: $7.62
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $59.8
Costs to cover: 0.170%
Break-even: 0.9 days

Slippage unknown: Extended: live order book, 60 min ago; GMX: 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, 60 min ago	5.88 bp	47.8 bp −$48	359.0 bp −$3,590	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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-USD	0.0000%	1h	0.008544	−0.062%	$295	$19	5x	as long as short
BingX ZORA-USDT	+0.0070%	4h	0.008549	−0.006%	—	$6.5M	—	as long as short
Lighter ZORA	+0.0096%	1h	0.008541	−0.099%	$23K	$22K	3x	as long as short
Aster ZORAUSDT	+0.0100%	4h	0.008554	+0.056%	$26K	$15K	5x	as long as short
Binance ZORAUSDT	+0.0100%	4h	0.008556	+0.076%	$2.5M	$4.5M	50x	as long as short
Bybit ZORAUSDT	+0.0100%	4h	0.008540	−0.111%	$2.4M	$1.8M	25x	as long as short
OKX ZORA-USDT-SWAP	+0.0100%	4h	0.008548	−0.017%	$772K	$1.0M	10x	as long as short
Gate ZORA_USDT	+0.0100%	4h	0.008550	+0.006%	$157K	$89K	25x	as long as short
MEXC ZORA_USDT	+0.0100%	4h	0.008553	+0.041%	$9.9M	$227K	50x	as long as short
KuCoin ZORAUSDTM	+0.0100%	4h	0.008549	−0.006%	$756K	$1.6M	30x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZORAUSDT	+0.0100%	4h	0.008561	+0.135%	$703K	$311K	25x	as long as short
Backpack ZORA_USDC_PERP	+0.0100%	1h	0.008557	+0.088%	$35K	$110K	10x	as long as short
Variational Omni ZORA	+0.0100%	4h	0.008535	−0.171%	$128K	$25K	—	as long as short
SunX ZORA-USDT	+0.0100%	4h	0.008740	+2.228%	$2K	$1.4M	20x	as long as short
Extended ZORA-USDlong	+0.0104%	1h	0.008549	long leg	$6K	$202K	5x
Hyperliquid ZORA	+0.0221%	1h	0.008569	+0.228%	$1.6M	$319K	3x	as long as short
GMX ZORA/USD [ETH-USDC]short	L +0.0231% / S −0.0433%	1h	0.008556	+0.076%	$1K	—	100x