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

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aster against Lighter+0.213%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.213% dearer against Lighter than usual: you sell high and buy low, +$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZORA0.0084510.0096pay 0.0012% / 1h43m 59s$22K$14K3x
ShortAster ZORAUSDT0.0084690.0100get 0.0050% / 4h1h 43m$26K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
$0.84
Price spread: +0.213% → 0.000%
$21.3
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$14.14
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Aster no order-book sample
Lighter and Aster: 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 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%1h0.008454+0.032%$311$55xas long as short
BingX ZORA-USDT+0.0070%4h0.008448−0.035%$6.6Mas long as short
Lighter ZORAlong+0.0096%1h0.008451long leg$22K$14K3x
Aster ZORAUSDTshort+0.0100%4h0.008469+0.213%$26K$12K5x
Binance ZORAUSDT+0.0100%4h0.008460+0.105%$2.5M$4.0M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008452+0.012%$2.3M$1.7M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008454+0.035%$767K$963K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008450−0.012%$154K$78K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008457+0.071%$9.8M$225K50xas long as short
KuCoin ZORAUSDTM+0.0100%4h0.008459+0.095%$752K$1.4M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDT+0.0100%4h0.008457+0.071%$722K$215K25xas long as short
Variational Omni ZORA+0.0100%4h0.008422−0.343%$125K$25Kas long as short
SunX ZORA-USDT+0.0100%4h0.008650+2.355%$2K$1.3M20xas long as short
Extended ZORA-USD+0.0104%1h0.008455+0.044%$8K$165K5xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0231% / S −0.0433%1h0.0084510.000%$1K100xas long as short
Backpack ZORA_USDC_PERP+0.0236%1h0.008462+0.130%$36K$110K10xas long as short
Hyperliquid ZORA+0.0371%1h0.008480+0.343%$1.6M$319K3xas long as short