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

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0299%/8h= −32.8% APRnext payment $0.37 per $10,000 · paid last 24h −0.045%
Price spread now: dYdX against Hyperliquid−0.014%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZORA0.0085430.0299pay 0.0037% / 1h52m 50s$1.6M$318K3x
ShortdYdX ZORA-USD0.0085420get 0.0000% / 1h52m 50s$295$195x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Hyperliquid. 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
−$62.87
Price spread: −0.014% → 0.000%
−$1.41
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$83.29
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago2.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ZORA-USDshort0.0000%1h0.008542−0.014%$295$195x
BingX ZORA-USDT+0.0070%4h0.008532−0.129%$6.5Mas long as short
Lighter ZORA+0.0096%1h0.008528−0.176%$21K$19K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008536−0.080%$26K$15K5xas long as short
Binance ZORAUSDT+0.0100%4h0.008534−0.105%$2.5M$4.5M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008515−0.328%$2.4M$1.8M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008520−0.269%$769K$1.0M10xas long as short
Gate ZORA_USDT+0.0100%4h0.008530−0.152%$157K$89K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008531−0.140%$9.9M$226K50xas long as short
KuCoin ZORAUSDTM+0.0100%4h0.008537−0.070%$756K$1.6M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDT+0.0100%4h0.008536−0.082%$698K$305K25xas long as short
Backpack ZORA_USDC_PERP+0.0100%1h0.008523−0.234%$37K$107K10xas long as short
Variational Omni ZORA+0.0100%4h0.008497−0.539%$127K$25Kas long as short
SunX ZORA-USDT+0.0100%4h0.008710+1.955%$1K$1.4M20xas long as short
Extended ZORA-USD+0.0104%1h0.008529−0.164%$8K$200K5xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0231% / S −0.0433%1h0.008520−0.269%$1K100xas long as short
Hyperliquid ZORAlong+0.0299%1h0.008543long leg$1.6M$318K3x