Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Extended against Hyperliquid−0.200%7-day average −0.155% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.200%, 7d avg −0.155%
=Together, before fees−0.016%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$2 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: Extended is 0.045% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.155%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZORA | 0.008489 | 0.0100 | pay 0.0013% / 1h | 34m 36s | $1.6M | $315K | 3x |
| Short | Extended ZORA-USD | 0.008472 | 0.0104 | get 0.0013% / 1h | 34m 36s | $6K | $169K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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: −0.200% → −0.155%
- −$4.5
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$17.66
- Costs to cover
- 0.140%
- Break-even
- 154.2 days
Slippage unknown: Hyperliquid: live order book, 6 min ago; Extended: live order book, 41 min ago. 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 Hyperliquid live order book, 6 min ago | 2.35 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 41 min ago | 3.56 bp | 80.4 bp −$80 | 406.3 bp −$4,063 | 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 | 0.008472 | −0.201% | $312 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008468 | −0.247% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008461 | −0.330% | $21K | $12K | 3x | as long as short |
| Hyperliquid ZORAlong | +0.0100% | 1h | 0.008489 | long leg | $1.6M | $315K | 3x | |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008475 | −0.161% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008476 | −0.157% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008465 | −0.283% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008471 | −0.212% | $771K | $988K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008470 | −0.224% | $156K | $74K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008472 | −0.200% | $9.8M | $227K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008466 | −0.271% | $763K | $1.2M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008484 | −0.059% | $742K | $208K | 25x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008453 | −0.424% | $126K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008650 | +1.897% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USDshort | +0.0104% | 1h | 0.008472 | −0.200% | $6K | $169K | 5x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008464 | −0.294% | $1K | — | 100x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0300% | 1h | 0.008469 | −0.236% | $34K | $114K | 10x | as long as short |
Hyperliquid ZORA
Extended ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Variational Omni ZORA
SunX ZORA-USDT
GMX ZORA/USD [ETH-USDC]
Backpack ZORA_USDC_PERP