Funding arb · Price arb /

ZORA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against SunX−1.987%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: 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 1.987% cheaper against SunX than usual: you would sell low and buy high, −$199 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZORA-USDT	0.008550	0.0100	pay 0.0050% / 4h	1h 51m	$2K	$1.2M	20x
Short	Aster ZORAUSDT	0.008380	0.0100	get 0.0050% / 4h	1h 51m	$26K	$28K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee AsterbpOrdersPrice spread, now −1.987%Rate

Funding earned: $0
Price spread: −1.987% → 0.000%: −$198.65
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$214.65
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 2 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 2 min ago	256.41 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ZORA-USD	0.0000%	1h	0.008375	−2.041%	$308	$5	5x	as long as short
BingX ZORA-USDT	+0.0070%	4h	0.008377	−2.023%	—	$6.6M	—	as long as short
Lighter ZORA	+0.0096%	1h	0.008363	−2.187%	$22K	$11K	3x	as long as short
Aster ZORAUSDTshort	+0.0100%	4h	0.008380	−1.987%	$26K	$28K	5x
Binance ZORAUSDT	+0.0100%	4h	0.008378	−2.012%	$2.5M	$3.9M	50x	as long as short
Bybit ZORAUSDT	+0.0100%	4h	0.008368	−2.129%	$2.2M	$1.6M	25x	as long as short
OKX ZORA-USDT-SWAP	+0.0100%	4h	0.008374	−2.058%	$763K	$963K	10x	as long as short
Gate ZORA_USDT	+0.0100%	4h	0.008370	−2.105%	$154K	$73K	25x	as long as short
MEXC ZORA_USDT	+0.0100%	4h	0.008377	−2.023%	$9.7M	$223K	50x	as long as short
KuCoin ZORAUSDTM	+0.0100%	4h	0.008382	−1.965%	$779K	$1.1M	30x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZORAUSDT	+0.0100%	4h	0.008380	−1.988%	$731K	$207K	25x	as long as short
Backpack ZORA_USDC_PERP	+0.0100%	1h	0.008378	−2.012%	$33K	$117K	10x	as long as short
Variational Omni ZORA	+0.0100%	4h	0.008364	−2.178%	$124K	$26K	—	as long as short
SunX ZORA-USDTlong	+0.0100%	4h	0.008550	long leg	$2K	$1.2M	20x
Extended ZORA-USD	+0.0104%	1h	0.008377	−2.018%	$6K	$169K	5x	as long as short
Hyperliquid ZORA	+0.0205%	1h	0.008390	−1.871%	$1.6M	$317K	3x	as long as short
GMX ZORA/USD [ETH-USDC]	L +0.0230% / S −0.0433%	1h	0.008374	−2.058%	$1K	—	100x	as long as short