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

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.49 per $10,000 · paid last 24h +0.007%
Price spread now: Aster against Variational Omni+0.150%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.150% dearer against Variational Omni than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZORA0.0083590.0002pay 0.0001% / 4h2h 40m$124K$26K
ShortAster ZORAUSDT0.0083710.0100get 0.0050% / 4h2h 40m$26K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$20.65
Price spread: +0.150% → 0.000%
$15.02
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$27.68
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 48 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 48 min ago7.11 bpdoesn't fit81.7 bp −$817doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ZORA-USD0.0000%1h0.008366+0.089%$308$55xas long as short
Variational Omni ZORAlong+0.0002%4h0.008359long leg$124K$26K
BingX ZORA-USDT+0.0070%4h0.008367+0.101%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008356−0.030%$22K$11K3xas long as short
Aster ZORAUSDTshort+0.0100%4h0.008371+0.150%$26K$28K5x
Binance ZORAUSDT+0.0100%4h0.008371+0.149%$2.5M$4.0M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008361+0.029%$2.2M$1.6M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008366+0.089%$760K$965K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008360+0.017%$154K$73K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008372+0.161%$9.7M$228K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZORAUSDTM+0.0100%4h0.008369+0.125%$735K$1.1M30xas long as short
Bitget ZORAUSDT+0.0100%4h0.008371+0.149%$730K$207K25xas long as short
Backpack ZORA_USDC_PERP+0.0100%1h0.008374+0.185%$33K$119K10xas long as short
SunX ZORA-USDT+0.0100%4h0.008550+2.291%$1K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008371+0.147%$6K$169K5xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008370+0.137%$1K100xas long as short
Hyperliquid ZORA+0.0399%1h0.008389+0.364%$1.6M$319K3xas long as short