Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: dYdX against Variational Omni+0.098%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. dYdX is 0.098% dearer against Variational Omni than usual: you sell high and buy low (spread +0.098% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZORA | 0.008456 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $126K | $26K | — |
| Short | dYdX ZORA-USD | 0.008464 | 0 | get 0.0000% / 1h | 30m 59s | $311 | $5 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: +0.098% → 0.000%
- $9.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$21.17
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; dYdX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 43 min ago | 5.34 bp | doesn't fit | 80.1 bp −$801 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USDshort | 0.0000% | 1h | 0.008464 | +0.098% | $311 | $5 | 5x | |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008480 | +0.288% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008457 | +0.015% | $21K | $11K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008465 | +0.108% | $26K | $26K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008478 | +0.264% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008468 | +0.146% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008476 | +0.240% | $771K | $984K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008470 | +0.169% | $156K | $71K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008472 | +0.193% | $9.8M | $227K | 50x | as long as short |
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008469 | +0.157% | $777K | $1.2M | 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 | 0.008483 | +0.323% | $728K | $207K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008480 | +0.288% | $34K | $113K | 10x | as long as short |
| Variational Omni ZORAlong | +0.0100% | 4h | 0.008456 | long leg | $126K | $26K | — | |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008660 | +2.416% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008471 | +0.184% | $9K | $164K | 5x | as long as short |
| Hyperliquid ZORA | +0.0221% | 1h | 0.008494 | +0.453% | $1.6M | $315K | 3x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008464 | +0.098% | $1K | — | 100x | as long as short |
Variational Omni ZORA
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
SunX ZORA-USDT
Extended ZORA-USD
Hyperliquid ZORA
GMX ZORA/USD [ETH-USDC]