Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Variational Omni+0.835%7-day average +0.092% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.833%−$83 · spread now +0.835%, 7d avg +0.092%
=Together, before fees−0.834%+ Points / potential airdropVariational Omni: Active · farm board−$83 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.743% dearer against Variational Omni than usual: you sell high and buy low (spread +0.835% now, against its 7-day average of +0.092%): +$74 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 4 days (−0.001% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZORA | 0.008427 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $126K | $25K | — |
| Short | BingX ZORA-USDT | 0.008497 | 0.0070 | get 0.0035% / 4h | 2h 13m | — | $6.5M | — |
Variational Omni ZORA
BingX ZORA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- −$6.3
- Price spread: +0.835% → +0.092%
- $74.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $58.01
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; BingX: live order book, 8 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 Variational Omni RFQ quote, 36 min ago | 6.40 bp | doesn't fit | 102.9 bp −$1,029 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 2.38 bp | 16.9 bp −$17 | 59.3 bp −$593 | 487.5 bp −$48.8K | 1014.9 bp −$507.5K |
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 | 0.008491 | +0.767% | $312 | $5 | 5x | as long as short |
| BingX ZORA-USDTshort | +0.0070% | 4h | 0.008497 | +0.835% | — | $6.5M | — | |
| Lighter ZORA | +0.0096% | 1h | 0.008491 | +0.764% | $22K | $15K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008501 | +0.885% | $26K | $16K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008501 | +0.885% | $2.5M | $4.3M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008486 | +0.705% | $2.3M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008496 | +0.823% | $766K | $994K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008490 | +0.752% | $163K | $83K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008502 | +0.895% | $9.9M | $233K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008493 | +0.788% | $751K | $1.5M | 30x | as long as short |
dYdX ZORA-USD
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008508 | +0.966% | $691K | $278K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008483 | +0.669% | $33K | $104K | 10x | as long as short |
| Variational Omni ZORAlong | +0.0100% | 4h | 0.008427 | long leg | $126K | $25K | — | |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008650 | +2.651% | $2K | $1.3M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008502 | +0.900% | $8K | $199K | 5x | as long as short |
| Hyperliquid ZORA | +0.0145% | 1h | 0.008514 | +1.037% | $1.6M | $309K | 3x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008499 | +0.859% | $1K | — | 100x | as long as short |
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
SunX ZORA-USDT
Extended ZORA-USD
Hyperliquid ZORA
GMX ZORA/USD [ETH-USDC]