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: Binance against MEXC−0.012%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$720.716% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.012%, 7d avg +0.003%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZORA_USDT0.0084260.0100pay 0.0050% / 4h1h 39m$9.8M$225K50x
ShortBinance ZORAUSDT0.0084250.0100get 0.0050% / 4h1h 39m$2.5M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: −0.012% → +0.003%
−$1.49
Slippage, 4 orders
−$57.56
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$73.06
Costs to cover
0.716%
Break-even
never at this rate
Slippage from MEXC: live order book, 9 min ago; Binance: live order book, 12 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 MEXC live order book, 9 min ago1.78 bp14.7 bp −$1571.0 bp −$710248.2 bp −$24.8Kdoesn't fit
Sell Binance live order book, 12 min ago1.18 bp21.8 bp −$2289.0 bp −$890doesn'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%1h0.008444+0.210%$311$55xas long as short
BingX ZORA-USDT+0.0070%4h0.008423−0.036%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008429+0.036%$22K$14K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008448+0.258%$26K$12K5xas long as short
Binance ZORAUSDTshort+0.0100%4h0.008425−0.012%$2.5M$4.0M50x
Bybit ZORAUSDT+0.0100%4h0.008412−0.166%$2.3M$1.7M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008418−0.095%$764K$960K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008430+0.047%$154K$78K25xas long as short
MEXC ZORA_USDTlong+0.0100%4h0.008426long leg$9.8M$225K50x
KuCoin ZORAUSDTM+0.0100%4h0.008428+0.024%$750K$1.4M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDT+0.0100%4h0.008430+0.047%$720K$215K25xas long as short
Variational Omni ZORA+0.0100%4h0.008423−0.037%$125K$25Kas long as short
SunX ZORA-USDT+0.0100%4h0.008630+2.421%$1K$1.3M20xas long as short
Extended ZORA-USD+0.0104%1h0.008422−0.045%$8K$165K5xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008411−0.178%$1K100xas long as short
Backpack ZORA_USDC_PERP+0.0261%1h0.008439+0.154%$36K$110K10xas long as short
Hyperliquid ZORA+0.0367%1h0.008442+0.190%$1.6M$318K3xas long as short