Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Bitget+0.118%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$680.682% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.118%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.089% dearer against Bitget than usual: you sell high and buy low, +$9 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 | Bitget ZROUSDT | 1.1825 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $2.7M | $2.4M | 75x |
| Short | OKX ZRO-USDT-SWAP | 1.1839 | 0.0100 | get 0.0050% / 4h | 1h 12m | $3.2M | $8.5M | 20x |
Bitget ZROUSDT
OKX ZRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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: +0.118% → +0.030%
- $8.86
- Slippage, 4 orders
- −$46.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$59.3
- Costs to cover
- 0.682%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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 Bitget live order book, 5 min ago | 2.96 bp | 15.7 bp −$16 | 33.2 bp −$332 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.39 bp | 13.9 bp −$14 | 81.0 bp −$810 | 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 | −0.0456% | 1h | 1.1833 | +0.072% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0028% | 4h | 1.1835 | +0.085% | $21K | $7K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1847 | +0.188% | $254K | $512K | 25x | as long as short |
| BloFin ZRO-USDT | +0.0095% | 4h | 1.1841 | +0.135% | $1.1M | $263K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1838 | +0.110% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1851 | +0.220% | $37.6M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1845 | +0.172% | $158K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1844 | +0.158% | $138K | $183K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1833 | +0.068% | $22.2M | $31.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1826 | +0.008% | $18.1M | $14.8M | 50x | as long as short |
01 Exchange ZROUSD
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-SWAPshort | +0.0100% | 4h | 1.1839 | +0.118% | $3.2M | $8.5M | 20x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1830 | +0.042% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1835 | +0.085% | $19.2M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1840 | +0.127% | $2.6M | $1.9M | 50x | as long as short |
| Bitget ZROUSDTlong | +0.0100% | 4h | 1.1825 | long leg | $2.7M | $2.4M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1831 | +0.051% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1837 | +0.101% | $100K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1793 | −0.270% | $2.3M | $868K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | −0.127% | $37K | $684K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1850 | +0.211% | $89K | $869K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1848 | +0.198% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0170% | 1h | 1.1838 | +0.109% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0193% | 1h | 1.1839 | +0.122% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1839 | +0.122% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1880 | +0.465% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.2456% | 1h | 1.1834 | +0.076% | $784K | $560K | 10x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
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