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

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Aster against Hyperliquid−0.138%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.138% cheaper against Hyperliquid than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZORA0.0084520.0100pay 0.0013% / 1h25m 39s$1.6M$319K3x
ShortAster ZORAUSDT0.0084400.0100get 0.0050% / 4h3h 25m$26K$28K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
$0
Price spread: −0.138% → 0.000%
−$13.78
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$30.78
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Aster: no order-book sample. 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 Hyperliquid live order book, 6 min ago1.18 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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
Variational Omni ZORA−0.0010%4h0.008430−0.259%$125K$26Kas long as short
dYdX ZORA-USD0.0000%1h0.008442−0.124%$311$55xas long as short
BingX ZORA-USDT+0.0070%4h0.008422−0.355%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008423−0.343%$22K$12K3xas long as short
Hyperliquid ZORAlong+0.0100%1h0.008452long leg$1.6M$319K3x
Aster ZORAUSDTshort+0.0100%4h0.008440−0.138%$26K$28K5x
Binance ZORAUSDT+0.0100%4h0.008430−0.265%$2.5M$4.0M50xas long as short
Bybit ZORAUSDT+0.0100%4h0.008416−0.426%$2.2M$1.6M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008419−0.390%$769K$970K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008430−0.260%$155K$75K25xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZORA_USDT+0.0100%4h0.008437−0.177%$9.8M$226K50xas long as short
KuCoin ZORAUSDTM+0.0100%4h0.008438−0.166%$737K$1.1M30xas long as short
Bitget ZORAUSDT+0.0100%4h0.008440−0.142%$737K$217K25xas long as short
Backpack ZORA_USDC_PERP+0.0100%1h0.008437−0.177%$36K$118K10xas long as short
SunX ZORA-USDT+0.0100%4h0.008620+1.988%$1K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008427−0.292%$6K$169K5xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008441−0.130%$1K100xas long as short