Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.001%
Price spread now: Binance against Extended+0.017%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1701.700% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.017%, 7d avg +0.040%
=Together, before fees−0.027%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZORA-USD | 0.008444 | 0.0104 | pay 0.0013% / 1h | 5m 11s | $6K | $169K | 5x |
| Short | Binance ZORAUSDT | 0.008446 | 0.0100 | get 0.0050% / 4h | 5m 11s | $2.5M | $3.9M | 50x |
Extended ZORA-USD
Binance ZORAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: +0.017% → +0.040%
- −$2.3
- Slippage, 4 orders
- −$155
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$173.14
- Costs to cover
- 1.700%
- Break-even
- never at this rate
Slippage from Extended: live order book, 25 min ago; Binance: live order book, 6 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 Extended live order book, 25 min ago | 3.56 bp | 58.1 bp −$58 | 324.9 bp −$3,249 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.59 bp | 25.8 bp −$26 | 102.5 bp −$1,025 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZORA | −0.0061% | 4h | 0.008437 | −0.083% | $125K | $26K | — | as long as short |
| dYdX ZORA-USD | 0.0000% | 1h | 0.008453 | +0.101% | $311 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008441 | −0.041% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008431 | −0.160% | $22K | $12K | 3x | as long as short |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008465 | +0.243% | $1.7M | $263K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008448 | +0.037% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDTshort | +0.0100% | 4h | 0.008446 | +0.017% | $2.5M | $3.9M | 50x | |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008440 | −0.053% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008435 | −0.112% | $769K | $959K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008440 | −0.053% | $155K | $74K | 25x | as long as short |
Variational Omni ZORA
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Hyperliquid ZORA
Aster ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008446 | +0.018% | $9.8M | $229K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008451 | +0.077% | $733K | $1.0M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008451 | +0.077% | $745K | $218K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008445 | +0.006% | $35K | $115K | 10x | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008630 | +2.197% | $2K | $1.2M | 20x | as long as short |
| Extended ZORA-USDlong | +0.0104% | 1h | 0.008444 | long leg | $6K | $169K | 5x | |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008446 | +0.018% | $1K | — | 100x | as long as short |
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
SunX ZORA-USDT
GMX ZORA/USD [ETH-USDC]