Settings8H · net · $10k
Funding arb · Price arb /

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Gate+0.035%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2462.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.035%, 7d avg +0.036%
Together, before fees+0.087%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZORA_USDT0.0084400.0100pay 0.0050% / 4h3h 41m$155K$71K25x
ShortExtended ZORA-USD0.0084430.0104get 0.0013% / 1h41m 44s$9K$168K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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

Funding earned
$0.84
Price spread: +0.035% → +0.036%
−$0.04
Slippage, 4 orders
−$225.61
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$244.81
Costs to cover
2.456%
Break-even
2047.1 days
Slippage from Gate: live order book, 24 min ago; Extended: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 24 min ago5.91 bp60.4 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 29 min ago4.74 bp66.0 bp −$66368.0 bp −$3,680doesn't fitdoesn't fit

ZORA on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ZORA-USD0.0000%1h0.008432−0.090%$310$55xas long as short
BingX ZORA-USDT+0.0070%4h0.0084400.000%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008427−0.154%$21K$11K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008442+0.023%$26K$26K5xas long as short
Binance ZORAUSDT+0.0100%4h0.008441+0.007%$2.5M$3.9M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008433−0.083%$2.3M$1.6M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008436−0.047%$768K$985K10xas long as short
Gate ZORA_USDTlong+0.0100%4h0.008440long leg$155K$71K25x
MEXC ZORA_USDT+0.0100%4h0.008447+0.083%$9.8M$227K50xas long as short
KuCoin ZORAUSDTM+0.0100%4h0.008444+0.047%$776K$1.2M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDT+0.0100%4h0.008442+0.024%$725K$209K25xas long as short
Backpack ZORA_USDC_PERP+0.0100%1h0.008447+0.083%$34K$113K10xas long as short
Variational Omni ZORA+0.0100%4h0.008416−0.288%$125K$26Kas long as short
SunX ZORA-USDT+0.0100%4h0.008640+2.370%$2K$1.2M20xas long as short
Extended ZORA-USDshort+0.0104%1h0.008443+0.035%$9K$168K5x
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008445+0.059%$1K100xas long as short
Hyperliquid ZORA+0.0371%1h0.008456+0.190%$1.6M$315K3xas long as short