Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX+0.051%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$740.735% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days−0.045%−$4 · spread now +0.051%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.022% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1714 | 0.0100 | pay 0.0050% / 4h | 4m 46s | — | $16.4M | — |
| Short | Gate ZRO_USDT | 1.1720 | 0.0100 | get 0.0050% / 4h | 4m 46s | $1.3M | $1.5M | 75x |
BingX ZRO-USDT
Gate ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: +0.051% → +0.030%
- $2.17
- Slippage, 4 orders
- −$48.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.34
- Costs to cover
- 0.735%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 3 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 BingX live order book, 9 min ago | 2.13 bp | 7.5 bp −$7 | 11.5 bp −$115 | 31.0 bp −$3,097 | 52.2 bp −$26.1K |
| Sell Gate live order book, 3 min ago | 4.27 bp | 26.0 bp −$26 | 58.3 bp −$583 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0034% | 1h | 1.1718 | +0.031% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0044% | 4h | 1.1725 | +0.094% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1742 | +0.237% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1729 | +0.125% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1723 | +0.077% | $136K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1719 | +0.045% | $22.0M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1708 | −0.051% | $17.9M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1717 | +0.026% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDTshort | +0.0100% | 4h | 1.1720 | +0.051% | $1.3M | $1.5M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1719 | +0.043% | $19.2M | $2.7M | 125x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1713 | −0.009% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1717 | +0.026% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1714 | long leg | — | $16.4M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1723 | +0.077% | $99K | $218K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1713 | −0.009% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1720 | +0.051% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1733 | +0.162% | $100K | $851K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1727 | +0.113% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0136% | 1h | 1.1739 | +0.214% | $7K | $3K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0143% | 4h | 1.1717 | +0.026% | $1.1M | $249K | 75x | as long as short |
| Nado ZRO-PERP | +0.0198% | 1h | 1.1726 | +0.105% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1722 | +0.064% | $3K | — | 100x | as long as short |
| Hyperliquid ZRO | +0.0293% | 1h | 1.1733 | +0.162% | $37.2M | $5.5M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0380% | 1h | 1.1722 | +0.069% | $258K | $391K | 25x | as long as short |
| Extended ZRO-USD | +0.1184% | 1h | 1.1716 | +0.015% | $784K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1780 | +0.563% | $12K | $260K | 12x | as long as short |
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
01 Exchange ZROUSD
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP