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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZORA-USD | 0.008464 | 0 | get 0.0000% / 1h | 5m 43s | $311 | $5 | 5x |
| Short | Binance ZORAUSDT | 0.008473 | 0.0100 | get 0.0050% / 4h | 1h 05m | $2.5M | $3.9M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 1 min ago | 0.59 bp | 21.0 bp −$21 | 83.2 bp −$832 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USDlong | 0.0000% | 1h | 0.008464 | long leg | $311 | $5 | 5x | |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008466 | +0.019% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008452 | −0.146% | $22K | $11K | 3x | as long as short |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008474 | +0.114% | $1.6M | $318K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008472 | +0.090% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDTshort | +0.0100% | 4h | 0.008473 | +0.101% | $2.5M | $3.9M | 50x | |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008457 | −0.087% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008465 | +0.007% | $769K | $981K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008470 | +0.067% | $158K | $75K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008462 | −0.028% | $9.8M | $228K | 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 | 0.008479 | +0.173% | $779K | $1.2M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008481 | +0.197% | $740K | $210K | 25x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008406 | −0.685% | $125K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008620 | +1.839% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008466 | +0.017% | $6K | $169K | 5x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0186% | 1h | 0.008458 | −0.075% | $34K | $116K | 10x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008441 | −0.276% | $1K | — | 100x | as long as short |
Binance ZORAUSDT
BingX ZORA-USDT
Lighter ZORA
Hyperliquid ZORA
Aster ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
Backpack ZORA_USDC_PERP
GMX ZORA/USD [ETH-USDC]