Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.054%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1921.925% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.054%, 7d avg −0.006%
=Together, before fees−0.033%+ Points / potential airdropExtended: Active · farm board−$3 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: OKX is 0.061% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.006%.
| 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 | 50m 31s | $6K | $169K | 5x |
| Short | OKX ZORA-USDT-SWAP | 0.008507 | 0.0100 | get 0.0050% / 4h | 50m 31s | $775K | $990K | 10x |
Extended ZORA-USD
OKX ZORA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.054% → −0.006%
- $6.06
- Slippage, 4 orders
- −$177.45
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$187.23
- Costs to cover
- 1.925%
- Break-even
- never at this rate
Slippage from Extended: live order book, 25 min ago; OKX: live order book, 26 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, 25 min ago | 3.56 bp | 39.0 bp −$39 | 288.7 bp −$2,887 | doesn't fit | doesn't fit |
| Sell OKX live order book, 26 min ago | 1.78 bp | 38.0 bp −$38 | 109.0 bp −$1,090 | 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 | 0.008503 | +0.013% | $313 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008503 | +0.007% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008489 | −0.157% | $22K | $12K | 3x | as long as short |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008521 | +0.219% | $1.6M | $315K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008507 | +0.059% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008506 | +0.043% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008497 | −0.063% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAPshort | +0.0100% | 4h | 0.008507 | +0.054% | $775K | $990K | 10x | |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008490 | −0.146% | $157K | $74K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008509 | +0.078% | $9.9M | $225K | 50x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Hyperliquid ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
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 | 0.008504 | +0.019% | $771K | $1.2M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008513 | +0.125% | $744K | $206K | 25x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008487 | −0.183% | $126K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008690 | +2.207% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USDlong | +0.0104% | 1h | 0.008502 | long leg | $6K | $169K | 5x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008502 | −0.005% | $1K | — | 100x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0306% | 1h | 0.008507 | +0.054% | $34K | $114K | 10x | as long as short |
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Variational Omni ZORA
SunX ZORA-USDT
GMX ZORA/USD [ETH-USDC]
Backpack ZORA_USDC_PERP