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: Gate against Binance+0.070%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.070%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.042% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1852 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $22.4M | $33.1M | 75x |
| Short | Gate ZRO_USDT | 1.1860 | 0.0100 | get 0.0050% / 4h | 2h 15m | $1.3M | $2.0M | 75x |
Binance ZROUSDT
Gate ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.070% → +0.029%
- $4.17
- Slippage, 4 orders
- −$55.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.91
- Costs to cover
- 0.801%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 2 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, 11 min ago | 0.84 bp | 14.6 bp −$15 | 37.0 bp −$370 | 314.7 bp −$31.5K | doesn't fit |
| Sell Gate live order book, 2 min ago | 8.43 bp | 27.9 bp −$28 | 68.4 bp −$684 | doesn't fit | 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 | −0.0400% | 1h | 1.1848 | −0.031% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0047% | 4h | 1.1856 | +0.037% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0043% | 1h | 1.1860 | +0.074% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0049% | 4h | 1.1856 | +0.037% | $1.1M | $266K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1862 | +0.083% | $4.6M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1869 | +0.146% | $37.7M | $6.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1861 | +0.079% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1855 | +0.030% | $143K | $193K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1852 | long leg | $22.4M | $33.1M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1847 | −0.039% | $18.2M | $15.6M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1852 | +0.003% | $3.2M | $9.0M | 20x | as long as short |
| Gate ZRO_USDTshort | +0.0100% | 4h | 1.1860 | +0.070% | $1.3M | $2.0M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1851 | −0.006% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1866 | +0.121% | $3.0M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1851 | −0.006% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1860 | +0.070% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1864 | +0.104% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1854 | +0.023% | $2.3M | $862K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1870 | +0.155% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1864 | +0.104% | $87K | $920K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1850 | −0.014% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0160% | 1h | 1.1855 | +0.028% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1862 | +0.091% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0316% | 1h | 1.1872 | +0.170% | $252K | $571K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1910 | +0.492% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.1816% | 1h | 1.1848 | −0.031% | $784K | $555K | 10x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD