ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.004%

Price spread now: MEXC against BloFin0.000%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$460.464% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.194%+$19 · spread now 0.000%, 7d avg +0.012%

Together, before fees+0.176%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZRO-USDT	1.1634	0.0146	pay 0.0073% / 4h	2h 54m	$1.1M	$247K	75x
Short	MEXC ZRO_USDT	1.1634	0.0100	get 0.0050% / 4h	2h 54m	$19.1M	$2.7M	125x

Funding history

latest

Range statsloading…

MEXC against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Slippage from BloFin: live order book, 2 min ago; MEXC: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 2 min ago	5.13 bp	15.7 bp −$16	29.5 bp −$295	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.86 bp	5.2 bp −$5	44.1 bp −$441	84.5 bp −$8,450	372.3 bp −$186.2K

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	0.0000%	1h	1.1639	+0.040%	$21K	$4K	5x	as long as short
Backpack ZRO_USDC_PERP	+0.0005%	1h	1.1636	+0.017%	$93K	$219K	20x	as long as short
Orderly PERP_ZRO_USDC	+0.0058%	4h	1.1639	+0.043%	$20K	$4K	10x	as long as short
Lighter ZRO	+0.0096%	1h	1.1655	+0.181%	$4.3M	$1.2M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1641	+0.062%	$36.9M	$5.5M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1649	+0.126%	$157K	$150K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1633	−0.005%	$137K	$180K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1633	−0.011%	$21.8M	$29.6M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1630	−0.034%	$17.8M	$13.6M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1634	0.000%	$3.2M	$7.8M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZRO_USDT	+0.0100%	4h	1.1640	+0.052%	$1.3M	$1.5M	75x	as long as short
MEXC ZRO_USDTshort	+0.0100%	4h	1.1634	0.000%	$19.1M	$2.7M	125x
KuCoin ZROUSDTM	+0.0100%	4h	1.1638	+0.034%	$2.3M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1635	+0.009%	$2.7M	$2.6M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1636	+0.017%	—	$16.6M	—	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1670	+0.313%	$2.3M	$809K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1690	+0.481%	$39K	$676K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1637	+0.026%	$99K	$825K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1630	−0.034%	$21K	—	3x	as long as short
01 Exchange ZROUSD	+0.0144%	1h	1.1641	+0.060%	$7K	$3K	5x	as long as short
BloFin ZRO-USDTlong	+0.0146%	4h	1.1634	long leg	$1.1M	$247K	75x
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1632	−0.017%	$3K	—	100x	as long as short
Nado ZRO-PERP	+0.0299%	1h	1.1634	−0.003%	$1.3M	$126K	5x	as long as short
Kraken Futures PF_ZROUSD	+0.0706%	1h	1.1648	+0.120%	$254K	$356K	25x	as long as short
Extended ZRO-USD	+0.1032%	1h	1.1635	+0.008%	$800K	$625K	10x	as long as short
Injective ZRO/USDC PERP	+0.1343%	1h	1.1740	+0.911%	$12K	$260K	12x	as long as short