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

ZORA

all ZORA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.053%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1321.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.053%, 7d avg −0.046%
Together, before fees+0.030%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZORAUSDTM0.0084450.0100pay 0.0050% / 4h14m 34s$760K$1.2M30x
ShortBinance ZORAUSDT0.0084410.0100get 0.0050% / 4h14m 34s$2.5M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: −0.053% → −0.046%
−$0.61
Slippage, 4 orders
−$109.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$132.15
Costs to cover
1.315%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago2.37 bp49.7 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.18 bp19.8 bp −$2078.9 bp −$789doesn't fitdoesn't fit

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-USD0.0000%1h0.008440−0.060%$311$55xas long as short
BingX ZORA-USDT+0.0070%4h0.008442−0.036%$6.6Mas long as short
Lighter ZORA+0.0096%1h0.008431−0.166%$21K$12K3xas long as short
Aster ZORAUSDT+0.0100%4h0.008451+0.073%$26K$28K5xas long as short
Binance ZORAUSDTshort+0.0100%4h0.008441−0.053%$2.5M$4.0M50x
Bybit ZORAUSDT+0.0100%4h0.008427−0.213%$2.3M$1.7M25xas long as short
OKX ZORA-USDT-SWAP+0.0100%4h0.008432−0.154%$767K$987K10xas long as short
Gate ZORA_USDT+0.0100%4h0.008440−0.059%$156K$74K25xas long as short
MEXC ZORA_USDT+0.0100%4h0.008446+0.012%$9.8M$229K50xas long as short
KuCoin ZORAUSDTMlong+0.0100%4h0.008445long leg$760K$1.2M30x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZORAUSDT+0.0100%4h0.008447+0.024%$726K$218K25xas long as short
Variational Omni ZORA+0.0100%4h0.008436−0.103%$125K$26Kas long as short
SunX ZORA-USDT+0.0100%4h0.008630+2.191%$2K$1.2M20xas long as short
Extended ZORA-USD+0.0104%1h0.008441−0.046%$6K$169K5xas long as short
Backpack ZORA_USDC_PERP+0.0144%1h0.008447+0.024%$34K$114K10xas long as short
GMX ZORA/USD [ETH-USDC]L +0.0230% / S −0.0433%1h0.008441−0.047%$1K100xas long as short
Hyperliquid ZORA+0.0347%1h0.008463+0.213%$1.6M$315K3xas long as short