Funding you earn now, next payment 02:00 UTC+0.0992%/8h= +108.6% APRnext payment +$1.24 per $10,000 · paid last 24h +0.135%
Price spread now: Extended against dYdX+0.111%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Extended is 0.111% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZRO-USD | 1.1749 | 0 | get 0.0000% / 1h | 49m 56s | $21K | $3K | 5x |
| Short | Extended ZRO-USD | 1.1762 | 0.0992 | get 0.0124% / 1h | 49m 56s | $784K | $593K | 10x |
dYdX ZRO-USD
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against dYdX. 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
- $208.32
- Price spread: +0.111% → 0.000%
- $11.08
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $204.4
- Costs to cover
- 0.150%
- Break-even
- 0.1 days
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 18 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 18 min ago | 11.35 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
dYdX: 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 ZROUSD | −0.0192% | 1h | 1.1747 | −0.022% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USDlong | 0.0000% | 1h | 1.1749 | long leg | $21K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | +0.0010% | 4h | 1.1745 | −0.036% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1768 | +0.156% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1767 | +0.151% | $37.3M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1749 | −0.003% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1752 | +0.024% | $136K | $169K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1755 | +0.049% | $22.0M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1748 | −0.011% | $18.0M | $14.1M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1762 | +0.109% | $3.2M | $8.0M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | −0.079% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1756 | +0.058% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1768 | +0.160% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1762 | +0.109% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1746 | −0.028% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1759 | +0.083% | $100K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1712 | −0.320% | $2.3M | $837K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1700 | −0.419% | $39K | $685K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1751 | +0.015% | $92K | $843K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1740 | −0.079% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0160% | 4h | 1.1741 | −0.070% | $1.1M | $252K | 75x | as long as short |
| Nado ZRO-PERP | +0.0205% | 1h | 1.1744 | −0.044% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1746 | −0.031% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0370% | 1h | 1.1754 | +0.042% | $252K | $407K | 25x | as long as short |
| Extended ZRO-USDshort | +0.0992% | 1h | 1.1762 | +0.111% | $784K | $593K | 10x | |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1760 | +0.092% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP