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: Gate against Hyperliquid−0.189%7-day average −0.196% · 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 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
LongHyperliquid ZORA0.0084760.0100pay 0.0013% / 1h9m 16s$1.6M$302K3x
ShortGate ZORA_USDT0.0084600.0100get 0.0050% / 4h3h 09m$157K$80K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.189% → −0.196%
$0.71
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$23.29
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Gate: live order book, 37 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 Hyperliquid live order book, 11 min ago1.76 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 37 min ago5.91 bp78.2 bp −$78doesn'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%1h0.008475−0.015%$312$55xas long as short
BingX ZORA-USDT+0.0070%4h0.008447−0.342%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008446−0.354%$22K$14K3xas long as short
Hyperliquid ZORAlong+0.0100%1h0.008476long leg$1.6M$302K3x
Aster ZORAUSDT+0.0100%4h0.008460−0.186%$26K$13K5xas long as short
Binance ZORAUSDT+0.0100%4h0.008455−0.254%$2.5M$4.0M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008443−0.389%$2.3M$1.7M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008448−0.330%$766K$947K10xas long as short
Gate ZORA_USDTshort+0.0100%4h0.008460−0.189%$157K$80K25x
MEXC ZORA_USDT+0.0100%4h0.008456−0.236%$9.8M$225K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZORAUSDTM+0.0100%4h0.008463−0.153%$751K$1.5M30xas long as short
Bitget ZORAUSDT+0.0100%4h0.008464−0.142%$734K$227K25xas long as short
Variational Omni ZORA+0.0100%4h0.008457−0.219%$127K$24Kas long as short
SunX ZORA-USDT+0.0100%4h0.008640+1.935%$1K$1.3M20xas long as short
Extended ZORA-USD+0.0104%1h0.008456−0.242%$6K$203K5xas long as short
Backpack ZORA_USDC_PERP+0.0111%1h0.008465−0.130%$37K$103K10xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0231% / S −0.0433%1h0.008456−0.236%$1K100xas long as short