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: Bybit against Binance−0.086%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$960.958% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.086%, 7d avg −0.089%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZORAUSDT | 0.008373 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $2.5M | $4.0M | 50x |
| Short | Bybit ZORAUSDT | 0.008366 | 0.0100 | get 0.0050% / 4h | 2h 09m | $2.2M | $1.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- Price spread: −0.086% → −0.089%
- $0.26
- Slippage, 4 orders
- −$74.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$95.54
- Costs to cover
- 0.958%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 7 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 Binance live order book, 12 min ago | 0.60 bp | 20.3 bp −$20 | 113.1 bp −$1,131 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 2.39 bp | 22.7 bp −$23 | 83.5 bp −$835 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USD | 0.0000% | 1h | 0.008383 | +0.120% | $309 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008373 | −0.003% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008368 | −0.063% | $22K | $11K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008379 | +0.068% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDTlong | +0.0100% | 4h | 0.008373 | long leg | $2.5M | $4.0M | 50x | |
| Bybit ZORAUSDTshort | +0.0100% | 4h | 0.008366 | −0.086% | $2.2M | $1.6M | 25x | |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008375 | +0.021% | $764K | $966K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008380 | +0.081% | $154K | $73K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008374 | +0.009% | $9.7M | $230K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008380 | +0.081% | $737K | $1.1M | 30x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008381 | +0.093% | $731K | $207K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008377 | +0.045% | $33K | $117K | 10x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008367 | −0.071% | $124K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008550 | +2.111% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008374 | +0.010% | $6K | $169K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008376 | +0.033% | $1K | — | 100x | as long as short |
| Hyperliquid ZORA | +0.0342% | 1h | 0.008390 | +0.200% | $1.6M | $317K | 3x | as long as short |
Binance ZORAUSDT
Bybit ZORAUSDT
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]
Hyperliquid ZORA