ZORA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%

Price spread now: BingX against SunX−2.130%7-day average −2.187% · you buy dearer than you sell

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

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.083%−$8 on $10k

Price spread, last 3 days (all we have)−0.242%−$24 · spread now −2.130%, 7d avg −2.187%

Together, before fees−0.325%−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.057% dearer against SunX than usual: you sell high and buy low (spread −2.130% now, against its 7-day average of −2.187%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZORA-USDT	0.008640	0.0100	pay 0.0050% / 4h	28m 37s	$2K	$1.2M	20x
Short	BingX ZORA-USDT	0.008456	0.0070	get 0.0035% / 4h	28m 37s	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −2.130%Rate

Funding earned: −$6.3
Price spread: −2.130% → −2.187%: $5.74
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$18.56
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; BingX: live order book, 8 min ago. 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, 5 min ago	253.46 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	1.77 bp	15.7 bp −$16	52.2 bp −$522	573.1 bp −$57.3K	1101.6 bp −$550.8K

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	0.008464	−2.034%	$311	$5	5x	as long as short
BingX ZORA-USDTshort	+0.0070%	4h	0.008456	−2.130%	—	$6.6M	—
Lighter ZORA	+0.0096%	1h	0.008445	−2.257%	$21K	$12K	3x	as long as short
Aster ZORAUSDT	+0.0100%	4h	0.008458	−2.107%	$26K	$28K	5x	as long as short
Binance ZORAUSDT	+0.0100%	4h	0.008458	−2.106%	$2.5M	$3.9M	50x	as long as short
Bybit ZORAUSDT	+0.0100%	4h	0.008444	−2.269%	$2.3M	$1.6M	25x	as long as short
OKX ZORA-USDT-SWAP	+0.0100%	4h	0.008454	−2.153%	$770K	$985K	10x	as long as short
Gate ZORA_USDT	+0.0100%	4h	0.008450	−2.199%	$156K	$74K	25x	as long as short
MEXC ZORA_USDT	+0.0100%	4h	0.008460	−2.083%	$9.8M	$228K	50x	as long as short
KuCoin ZORAUSDTM	+0.0100%	4h	0.008457	−2.118%	$764K	$1.2M	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	0.008470	−1.968%	$740K	$208K	25x	as long as short
Variational Omni ZORA	+0.0100%	4h	0.008450	−2.205%	$126K	$26K	—	as long as short
SunX ZORA-USDTlong	+0.0100%	4h	0.008640	long leg	$2K	$1.2M	20x
Extended ZORA-USD	+0.0104%	1h	0.008457	−2.119%	$6K	$169K	5x	as long as short
Hyperliquid ZORA	+0.0183%	1h	0.008476	−1.898%	$1.6M	$316K	3x	as long as short
GMX ZORA/USD [ETH-USDC]	L +0.0230% / S −0.0433%	1h	0.008456	−2.130%	$1K	—	100x	as long as short
Backpack ZORA_USDC_PERP	+0.0243%	1h	0.008459	−2.095%	$34K	$114K	10x	as long as short