ZORA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%

Price spread now: Binance against BingX+0.083%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days−0.108%−$11 · spread now +0.083%, 7d avg +0.029%

Together, before fees−0.076%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.054% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZORA-USDT	0.008483	0.0070	pay 0.0035% / 4h	3h 27m	—	$6.5M	—
Short	Binance ZORAUSDT	0.008490	0.0100	get 0.0050% / 4h	3h 27m	$2.5M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now +0.083%Rate

Funding earned: $6.3
Price spread: +0.083% → +0.029%: $5.38
Slippage, 4 orders: −$52.7
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$61.02
Costs to cover: 0.727%
Break-even: 74.8 days

Slippage from BingX: live order book, 9 min ago; Binance: live order book, 9 min ago.

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 BingX live order book, 9 min ago	0.59 bp	13.6 bp −$14	56.0 bp −$560	544.5 bp −$54.4K	doesn't fit
Sell Binance live order book, 9 min ago	1.76 bp	21.0 bp −$21	91.6 bp −$916	doesn't fit	doesn't fit

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	0.008497	+0.161%	$313	$5	5x	as long as short
BingX ZORA-USDTlong	+0.0070%	4h	0.008483	long leg	—	$6.5M	—
Lighter ZORA	+0.0096%	1h	0.008479	−0.047%	$22K	$14K	3x	as long as short
Hyperliquid ZORA	+0.0100%	1h	0.008502	+0.224%	$1.6M	$312K	3x	as long as short
Aster ZORAUSDT	+0.0100%	4h	0.008495	+0.146%	$26K	$12K	5x	as long as short
Binance ZORAUSDTshort	+0.0100%	4h	0.008490	+0.083%	$2.5M	$4.1M	50x
Bybit ZORAUSDT	+0.0100%	4h	0.008470	−0.153%	$2.3M	$1.7M	25x	as long as short
OKX ZORA-USDT-SWAP	+0.0100%	4h	0.008478	−0.059%	$767K	$950K	10x	as long as short
Gate ZORA_USDT	+0.0100%	4h	0.008490	+0.083%	$158K	$79K	25x	as long as short
MEXC ZORA_USDT	+0.0100%	4h	0.008484	+0.012%	$9.8M	$224K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZORAUSDTM	+0.0100%	4h	0.008490	+0.083%	$752K	$1.5M	30x	as long as short
Bitget ZORAUSDT	+0.0100%	4h	0.008494	+0.130%	$736K	$226K	25x	as long as short
Variational Omni ZORA	+0.0100%	4h	0.008504	+0.248%	$126K	$24K	—	as long as short
SunX ZORA-USDT	+0.0100%	4h	0.008670	+2.204%	$2K	$1.3M	20x	as long as short
Extended ZORA-USD	+0.0104%	1h	0.008482	−0.017%	$7K	$170K	5x	as long as short
Backpack ZORA_USDC_PERP	+0.0118%	1h	0.008487	+0.047%	$37K	$105K	10x	as long as short
GMX ZORA/USD [ETH-USDC]	L +0.0231% / S −0.0433%	1h	0.008488	+0.059%	$1K	—	100x	as long as short