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

ZORA

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Binance against dYdX+0.101%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.101% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZORA-USD0.0084640get 0.0000% / 1h5m 43s$311$55x
ShortBinance ZORAUSDT0.0084730.0100get 0.0050% / 4h1h 05m$2.5M$3.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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
$21
Price spread: +0.101% → 0.000%
$10.12
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$11.12
Costs to cover
0.200%
Break-even
3.3 days
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 1 min ago. 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 dYdX no order-book sample
Sell Binance live order book, 1 min ago0.59 bp21.0 bp −$2183.2 bp −$832doesn't fitdoesn't fit
dYdX: 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-USDlong0.0000%1h0.008464long leg$311$55x
BingX ZORA-USDT+0.0070%4h0.008466+0.019%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008452−0.146%$22K$11K3xas long as short
Hyperliquid ZORA+0.0100%1h0.008474+0.114%$1.6M$318K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008472+0.090%$26K$28K5xas long as short
Binance ZORAUSDTshort+0.0100%4h0.008473+0.101%$2.5M$3.9M50x
Bybit ZORAUSDT+0.0100%4h0.008457−0.087%$2.3M$1.6M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008465+0.007%$769K$981K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008470+0.067%$158K$75K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008462−0.028%$9.8M$228K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZORAUSDTM+0.0100%4h0.008479+0.173%$779K$1.2M30xas long as short
Bitget ZORAUSDT+0.0100%4h0.008481+0.197%$740K$210K25xas long as short
Variational Omni ZORA+0.0100%4h0.008406−0.685%$125K$26Kas long as short
SunX ZORA-USDT+0.0100%4h0.008620+1.839%$1K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008466+0.017%$6K$169K5xas long as short
Backpack ZORA_USDC_PERP+0.0186%1h0.008458−0.075%$34K$116K10xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008441−0.276%$1K100xas long as short