Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Bybit+0.034%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now +0.034%, 7d avg +0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZROUSDT | 1.1893 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $18.2M | $13.2M | 50x |
| Short | OKX ZRO-USDT-SWAP | 1.1897 | 0.0100 | get 0.0050% / 4h | 3h 57m | $3.2M | $7.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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: +0.034% → +0.034%
- −$0.07
- Slippage, 4 orders
- −$55.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$76.14
- Costs to cover
- 0.761%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 2.54 bp | 18.2 bp −$18 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.12 bp | 21.9 bp −$22 | 118.0 bp −$1,180 | 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 | −0.0024% | 1h | 1.1921 | +0.233% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1901 | +0.066% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0070% | 4h | 1.1828 | −0.547% | $1.0M | $200K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0080% | 4h | 1.1811 | −0.689% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1912 | +0.162% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1890 | −0.025% | $37.6M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1887 | −0.048% | $160K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1889 | −0.037% | $140K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1887 | −0.048% | $22.3M | $29.0M | 75x | as long as short |
| Bybit ZROUSDTlong | +0.0100% | 4h | 1.1893 | long leg | $18.2M | $13.2M | 50x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1897 | +0.034% | $3.2M | $7.9M | 20x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1897 | +0.034% | $19.6M | $2.6M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1904 | +0.092% | $2.5M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1882 | −0.092% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1893 | 0.000% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1801 | −0.770% | $2.3M | $759K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | −0.446% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1830 | −0.530% | $100K | $809K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1808 | −0.717% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0182% | 1h | 1.1815 | −0.656% | $1.3M | $129K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1812 | −0.684% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0472% | 1h | 1.1895 | +0.017% | $811K | $647K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0555% | 1h | 1.1818 | −0.630% | $264K | $303K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0766% | 1h | 1.1811 | −0.689% | $98K | $217K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1870 | −0.193% | $12K | $258K | 12x | as long as short |
| Gate ZRO_USDT | +0.1340% | 4h | 1.1870 | −0.193% | $1.3M | $1.3M | 75x | as long as short |
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
01 Exchange ZROUSD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Gate ZRO_USDT