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

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.015%
Price spread now: Hyperliquid against Gate+0.189%7-day average +0.196% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.189%, 7d avg +0.196%
Together, before fees+0.146%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZORA_USDT0.0084600.0100pay 0.0050% / 4h3h 09m$157K$80K25x
ShortHyperliquid ZORA0.0084760.0100get 0.0013% / 1h9m 09s$1.6M$302K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
Price spread: +0.189% → +0.196%
−$0.67
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$24.67
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 37 min ago; Hyperliquid: live order book, 11 min ago. Net counts fees only.

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, 37 min ago5.91 bp84.6 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago1.76 bpdoesn't fitdoesn't fitdoesn'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%1h0.008475+0.174%$312$55xas long as short
BingX ZORA-USDT+0.0070%4h0.008447−0.154%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008446−0.165%$22K$14K3xas long as short
Hyperliquid ZORAshort+0.0100%1h0.008476+0.189%$1.6M$302K3x
Aster ZORAUSDT+0.0100%4h0.008460+0.003%$26K$13K5xas long as short
Binance ZORAUSDT+0.0100%4h0.008455−0.065%$2.5M$4.0M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008443−0.201%$2.3M$1.7M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008448−0.142%$766K$947K10xas long as short
Gate ZORA_USDTlong+0.0100%4h0.008460long leg$157K$80K25x
MEXC ZORA_USDT+0.0100%4h0.008456−0.047%$9.8M$225K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZORAUSDTM+0.0100%4h0.008463+0.035%$751K$1.5M30xas long as short
Bitget ZORAUSDT+0.0100%4h0.008464+0.047%$734K$227K25xas long as short
Variational Omni ZORA+0.0100%4h0.008457−0.030%$127K$24Kas long as short
SunX ZORA-USDT+0.0100%4h0.008640+2.128%$1K$1.3M20xas long as short
Extended ZORA-USD+0.0104%1h0.008456−0.053%$6K$203K5xas long as short
Backpack ZORA_USDC_PERP+0.0111%1h0.008465+0.059%$37K$103K10xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0231% / S −0.0433%1h0.008456−0.047%$1K100xas long as short