Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against KuCoin−0.068%62s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.068% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZORAUSDTM | 0.008501 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $737K | $1.9M | 30x |
| Short | dYdX ZORA-USD | 0.008495 | 0 | get 0.0000% / 1h | 56m 33s | $293 | $19 | 5x |
KuCoin ZORAUSDTM
dYdX ZORA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- −$21
- Price spread: −0.068% → 0.000%
- −$6.79
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$49.79
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 4.12 bp | 124.6 bp −$125 | doesn't fit | doesn't fit | doesn'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 exchanges
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-USDshort | 0.0000% | 1h | 0.008495 | −0.068% | $293 | $19 | 5x | |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008496 | −0.059% | — | $6.5M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008490 | −0.129% | $23K | $21K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008501 | +0.004% | $26K | $12K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008497 | −0.050% | $2.5M | $4.0M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008470 | −0.365% | $2.3M | $1.4M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008487 | −0.165% | $763K | $877K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008490 | −0.129% | $152K | $82K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008496 | −0.059% | $9.9M | $205K | 50x | as long as short |
| KuCoin ZORAUSDTMlong | +0.0100% | 4h | 0.008501 | long leg | $737K | $1.9M | 30x |
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008499 | −0.024% | $708K | $291K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008497 | −0.047% | $36K | $93K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008484 | −0.200% | $126K | $20K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008690 | +2.223% | $1K | $1.3M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008495 | −0.065% | $9K | $210K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008498 | −0.035% | $1K | — | 100x | as long as short |
| Hyperliquid ZORA | +0.0484% | 1h | 0.008514 | +0.153% | $1.6M | $346K | 3x | as long as short |
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]
Hyperliquid ZORA