Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Variational Omni−0.082%7-day average +0.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.082%, 7d avg +0.089%
=Together, before fees−0.013%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.170% cheaper against Variational Omni than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZORA | 0.008488 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $126K | $25K | — |
| Short | BingX ZORA-USDT | 0.008481 | 0.0070 | get 0.0035% / 4h | 1h 16m | — | $6.5M | — |
Variational Omni ZORA
BingX ZORA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.3
- Price spread: −0.082% → +0.089%
- −$17.04
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$33.34
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 47 min ago; BingX: live order book, 10 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 Variational Omni RFQ quote, 47 min ago | 4.74 bp | doesn't fit | 97.1 bp −$971 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.36 bp | 15.0 bp −$15 | 64.0 bp −$640 | 609.1 bp −$60.9K | 1208.5 bp −$604.2K |
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 | 0.008481 | −0.086% | $312 | $5 | 5x | as long as short |
| BingX ZORA-USDTshort | +0.0070% | 4h | 0.008481 | −0.082% | — | $6.5M | — | |
| Lighter ZORA | +0.0096% | 1h | 0.008473 | −0.176% | $22K | $14K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008485 | −0.030% | $26K | $12K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008482 | −0.067% | $2.5M | $4.0M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008467 | −0.247% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008472 | −0.188% | $769K | $962K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008470 | −0.211% | $155K | $78K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008486 | −0.023% | $9.9M | $228K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008481 | −0.082% | $754K | $1.4M | 30x | as long as short |
dYdX ZORA-USD
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008488 | +0.001% | $725K | $214K | 25x | as long as short |
| Variational Omni ZORAlong | +0.0100% | 4h | 0.008488 | long leg | $126K | $25K | — | |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008670 | +2.145% | $2K | $1.3M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008475 | −0.149% | $6K | $169K | 5x | as long as short |
| Hyperliquid ZORA | +0.0225% | 1h | 0.008496 | +0.095% | $1.6M | $320K | 3x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008482 | −0.070% | $1K | — | 100x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0410% | 1h | 0.008487 | −0.011% | $36K | $110K | 10x | as long as short |
Bitget ZORAUSDT
SunX ZORA-USDT
Extended ZORA-USD
Hyperliquid ZORA
GMX ZORA/USD [ETH-USDC]
Backpack ZORA_USDC_PERP