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

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.036%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1851.845% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days+0.006%+$1 · spread now −0.036%, 7d avg −0.053%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZORAUSDTM0.0084290.0100pay 0.0050% / 4h3h 53m$770K$1.2M30x
ShortOKX ZORA-USDT-SWAP0.0084260.0100get 0.0050% / 4h3h 53m$766K$986K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.036% → −0.053%
$1.76
Slippage, 4 orders
−$162.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$182.76
Costs to cover
1.845%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; OKX: live order book, 18 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, 1 min ago5.33 bp64.6 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 18 min ago4.15 bp35.9 bp −$36102.8 bp −$1,028doesn'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%1h0.008425−0.050%$310$55xas long as short
BingX ZORA-USDT+0.0070%4h0.008419−0.119%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008417−0.142%$21K$11K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008427−0.025%$26K$28K5xas long as short
Binance ZORAUSDT+0.0100%4h0.008434+0.059%$2.5M$4.0M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008419−0.119%$2.3M$1.6M25xas long as short
OKX ZORA-USDT-SWAPshort+0.0100%4h0.008426−0.036%$766K$986K10x
Gate ZORA_USDT+0.0100%4h0.008410−0.225%$155K$70K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008432+0.036%$9.8M$226K50xas long as short
KuCoin ZORAUSDTMlong+0.0100%4h0.008429long leg$770K$1.2M30x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDT+0.0100%4h0.008432+0.036%$725K$210K25xas long as short
Backpack ZORA_USDC_PERP+0.0100%1h0.008426−0.036%$34K$114K10xas long as short
Variational Omni ZORA+0.0100%4h0.008437+0.099%$125K$26Kas long as short
SunX ZORA-USDT+0.0100%4h0.008620+2.266%$1K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008430+0.012%$6K$163K5xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008419−0.119%$1K100xas long as short
Hyperliquid ZORA+0.0383%1h0.008442+0.154%$1.6M$314K3xas long as short