Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against ApeX Omni−0.057%99s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.057%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% cheaper against ApeX Omni than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.022%. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZROUSDT | 1.1750 | 0.0100 | pay 0.0013% / 1h | 5m 51s | $37K | $688K | 50x |
| Short | Binance ZROUSDT | 1.1743 | 0.0100 | get 0.0050% / 4h | 5m 51s | $22.1M | $30.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX 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
- $0
- Price spread: −0.057% → −0.022%
- −$3.56
- Slippage, 4 orders
- −$53.82
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$77.38
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 8 min ago; Binance: live order book, 6 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 ApeX Omni live order book, 8 min ago | 12.78 bp | 24.6 bp −$25 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.43 bp | 12.7 bp −$13 | 24.2 bp −$242 | 202.0 bp −$20.2K | doesn't fit |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0240% | 1h | 1.1741 | −0.080% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1748 | −0.017% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0061% | 4h | 1.1745 | −0.043% | $1.1M | $256K | 75x | as long as short |
| dYdX ZRO-USD | +0.0092% | 1h | 1.1751 | +0.009% | $21K | $3K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1754 | +0.032% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1747 | −0.026% | $37.2M | $6.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1759 | +0.079% | $157K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1750 | 0.000% | $136K | $173K | 5x | as long as short |
| Binance ZROUSDTshort | +0.0100% | 4h | 1.1743 | −0.057% | $22.1M | $30.8M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1740 | −0.085% | $17.9M | $14.4M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1748 | −0.017% | $3.2M | $8.1M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | −0.085% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1745 | −0.043% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1741 | −0.077% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1758 | +0.068% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1747 | −0.026% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1752 | +0.017% | $97K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1735 | −0.128% | $2.3M | $879K | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1750 | long leg | $37K | $688K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1752 | +0.017% | $94K | $823K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1748 | −0.016% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0133% | 1h | 1.1755 | +0.044% | $252K | $419K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1749 | −0.007% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0303% | 1h | 1.1747 | −0.029% | $1.3M | $124K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1790 | +0.340% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1904% | 1h | 1.1743 | −0.060% | $784K | $589K | 10x | as long as short |
ApeX Omni ZROUSDT
Binance ZROUSDT
01 Exchange ZROUSD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
Kraken Futures PF_ZROUSD
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD