Funding you earn now, next payment 23:00 UTC−0.0556%/8h= −60.9% APRpaid last 24h −0.058%
Price spread now: 01 Exchange against BingX−0.051%7-day average — · you buy dearer than you sell
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—needs both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and 01 Exchange is 0.051% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1840 | 0.0100 | pay 0.0050% / 4h | 1h 11m | — | $10.7M | — |
| Short | 01 Exchange ZROUSD | 1.1834 | −0.0456 | pay 0.0057% / 1h | 11m 04s | $7K | $3K | 5x |
BingX ZRO-USDT
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$116.76
- Price spread: −0.051% → 0.000%
- −$5.07
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$138.83
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 7 min ago; 01 Exchange: 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 BingX live order book, 7 min ago | 2.12 bp | 7.9 bp −$8 | 11.1 bp −$111 | 21.5 bp −$2,150 | 47.8 bp −$23.9K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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.
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 ZROUSDshort | −0.0456% | 1h | 1.1834 | −0.051% | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | −0.0025% | 4h | 1.1844 | +0.034% | $21K | $7K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1857 | +0.145% | $254K | $512K | 25x | as long as short |
| BloFin ZRO-USDT | +0.0067% | 4h | 1.1834 | −0.051% | $1.1M | $263K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1845 | +0.042% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1860 | +0.169% | $37.6M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1852 | +0.098% | $158K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1839 | −0.012% | $137K | $183K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1847 | +0.059% | $22.2M | $31.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1838 | −0.017% | $18.1M | $14.8M | 50x | as long as short |
Orderly PERP_ZRO_USDC
Kraken Futures PF_ZROUSD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
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 | 1.1850 | +0.084% | $3.2M | $8.5M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1840 | 0.000% | $1.4M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1848 | +0.068% | $19.2M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1832 | −0.068% | $2.5M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1844 | +0.034% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1840 | long leg | — | $10.7M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1853 | +0.110% | $101K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1793 | −0.397% | $2.3M | $868K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | +0.084% | $37K | $685K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1852 | +0.101% | $89K | $865K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1848 | +0.071% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0169% | 1h | 1.1838 | −0.018% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0193% | 1h | 1.1837 | −0.026% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1850 | +0.083% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1880 | +0.338% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.2424% | 1h | 1.1846 | +0.049% | $784K | $560K | 10x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD