Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.119%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.119%, 7d avg +0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.027% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZORAUSDT | 0.008418 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $2.3M | $1.7M | 25x |
| Short | Binance ZORAUSDT | 0.008428 | 0.0100 | get 0.0050% / 4h | 2h 41m | $2.5M | $4.0M | 50x |
Bybit ZORAUSDT
Binance ZORAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: +0.119% → +0.092%
- $2.71
- Slippage, 4 orders
- −$95.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$114.27
- Costs to cover
- 1.170%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 10 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 Bybit live order book, 5 min ago | 3.56 bp | 34.8 bp −$35 | 98.9 bp −$989 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.59 bp | 24.4 bp −$24 | 92.9 bp −$929 | 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 | 0.008451 | +0.395% | $311 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008440 | +0.261% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008412 | −0.071% | $21K | $12K | 3x | as long as short |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008438 | +0.238% | $1.6M | $317K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008437 | +0.220% | $26K | $26K | 5x | as long as short |
| Binance ZORAUSDTshort | +0.0100% | 4h | 0.008428 | +0.119% | $2.5M | $4.0M | 50x | |
| Bybit ZORAUSDTlong | +0.0100% | 4h | 0.008418 | long leg | $2.3M | $1.7M | 25x | |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008424 | +0.071% | $768K | $994K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008430 | +0.143% | $154K | $78K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008426 | +0.095% | $9.8M | $226K | 50x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Hyperliquid ZORA
Aster ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008428 | +0.119% | $770K | $1.3M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008431 | +0.154% | $722K | $216K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008432 | +0.166% | $36K | $112K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008422 | +0.044% | $125K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008610 | +2.281% | $2K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008425 | +0.088% | $9K | $169K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008423 | +0.059% | $1K | — | 100x | as long as short |
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]