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: MEXC against OKX+0.012%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$950.950% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days−0.072%−$7 · spread now +0.012%, 7d avg +0.004%
Together, before fees−0.055%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZORA-USDT-SWAP0.0084450.0100pay 0.0050% / 4h3h 37m$768K$982K10x
ShortMEXC ZORA_USDT0.0084460.0100get 0.0050% / 4h3h 37m$9.8M$227K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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% → +0.004%
$0.75
Slippage, 4 orders
−$80.95
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$94.2
Costs to cover
0.950%
Break-even
never at this rate
Slippage from OKX: live order book, 34 min ago; MEXC: live order book, 6 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 OKX live order book, 34 min ago4.15 bp30.4 bp −$30109.2 bp −$1,092doesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago1.18 bp17.3 bp −$1778.6 bp −$786268.1 bp −$26.8Kdoesn'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%1h0.008432−0.150%$310$55xas long as short
BingX ZORA-USDT+0.0070%4h0.008439−0.071%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008428−0.201%$21K$11K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008438−0.083%$26K$26K5xas long as short
Binance ZORAUSDT+0.0100%4h0.008445+0.001%$2.5M$3.9M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008440−0.059%$2.3M$1.6M25xas long as short
OKX ZORA-USDT-SWAPlong+0.0100%4h0.008445long leg$768K$982K10x
Gate ZORA_USDT+0.0100%4h0.008430−0.178%$155K$71K25xas long as short
MEXC ZORA_USDTshort+0.0100%4h0.008446+0.012%$9.8M$227K50x
KuCoin ZORAUSDTM+0.0100%4h0.008446+0.012%$772K$1.2M30xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDT+0.0100%4h0.008439−0.071%$724K$207K25xas long as short
Backpack ZORA_USDC_PERP+0.0100%1h0.008438−0.083%$34K$113K10xas long as short
Variational Omni ZORA+0.0100%4h0.008428−0.205%$125K$26Kas long as short
SunX ZORA-USDT+0.0100%4h0.008620+2.072%$1K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008440−0.059%$9K$168K5xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008435−0.118%$1K100xas long as short
Hyperliquid ZORA+0.0289%1h0.008466+0.249%$1.6M$314K3xas long as short