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

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.059%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1431.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.059%, 7d avg −0.047%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZORAUSDTM0.0084040.0100pay 0.0050% / 4h2h 20m$739K$1.1M30x
ShortBinance ZORAUSDT0.0083990.0100get 0.0050% / 4h2h 20m$2.5M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: −0.059% → −0.047%
−$1.26
Slippage, 4 orders
−$121.49
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$144.75
Costs to cover
1.435%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 16 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 KuCoin live order book, 4 min ago6.54 bp55.3 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 16 min ago0.60 bp27.6 bp −$2896.0 bp −$960doesn'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%1h0.008403−0.011%$309$55xas long as short
Variational Omni ZORA+0.0062%4h0.008377−0.319%$124K$26Kas long as short
BingX ZORA-USDT+0.0070%4h0.008400−0.048%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008385−0.226%$22K$11K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008400−0.043%$26K$28K5xas long as short
Binance ZORAUSDTshort+0.0100%4h0.008399−0.059%$2.5M$4.0M50x
Bybit ZORAUSDT+0.0100%4h0.008387−0.202%$2.3M$1.6M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008393−0.131%$764K$971K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008390−0.167%$154K$73K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008398−0.071%$9.8M$230K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZORAUSDTMlong+0.0100%4h0.008404long leg$739K$1.1M30x
Bitget ZORAUSDT+0.0100%4h0.008400−0.048%$733K$207K25xas long as short
Backpack ZORA_USDC_PERP+0.0100%1h0.008400−0.048%$33K$119K10xas long as short
SunX ZORA-USDT+0.0100%4h0.008580+2.094%$1K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008400−0.048%$6K$169K5xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008398−0.071%$1K100xas long as short
Hyperliquid ZORA+0.0379%1h0.008415+0.131%$1.6M$318K3xas long as short