ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.2325%/8h= +254.6% APRnext payment +$2.91 per $10,000 · paid last 24h +1.101%

Price spread now: GMX against dYdX−0.044%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on GMX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. GMX is 0.044% cheaper against dYdX than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$70 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ZRO-USD	1.1851	0.0016	pay 0.0002% / 1h	25m 31s	$21K	$2K	5x
Short	GMX ZRO/USD [ETH-USDC]	1.1845	L +0.0292% / S −0.2341%	get 0.0293% / 1h	25m 31s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee GMXbpOrdersPrice spread, now −0.044%Rate

Funding earned: $488.21
Price spread: −0.044% → 0.000%: −$4.4
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $461.82
Costs to cover: 0.220%
Break-even: 0.4 days

Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

dYdX and GMX: 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	−0.0432%	1h	1.1843	−0.060%	$7K	$3K	5x	as long as short
Orderly PERP_ZRO_USDC	−0.0060%	4h	1.1845	−0.047%	$21K	$7K	10x	as long as short
dYdX ZRO-USDlong	+0.0016%	1h	1.1851	long leg	$21K	$2K	5x
OKX ZRO-USDT-SWAP	+0.0078%	4h	1.1842	−0.072%	$3.2M	$9.0M	20x	as long as short
Lighter ZRO	+0.0096%	1h	1.1852	+0.013%	$4.6M	$1.3M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1863	+0.105%	$37.7M	$6.9M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1847	−0.030%	$158K	$160K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1848	−0.024%	$144K	$193K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1845	−0.044%	$22.4M	$33.3M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1840	−0.089%	$18.2M	$15.7M	50x	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	1.1840	−0.089%	$1.3M	$2.0M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1847	−0.030%	$19.1M	$3.5M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1855	+0.038%	$3.0M	$1.8M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1852	+0.013%	$2.8M	$2.5M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1844	−0.055%	—	$10.9M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1857	+0.055%	$93K	$204K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1835	−0.127%	$2.3M	$860K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1820	−0.257%	$37K	$680K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1844	−0.055%	$87K	$922K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1840	−0.092%	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0117%	4h	1.1830	−0.173%	$1.1M	$266K	75x	as long as short
Nado ZRO-PERP	+0.0153%	1h	1.1827	−0.200%	$1.3M	$131K	5x	as long as short
GMX ZRO/USD [ETH-USDC]short	L +0.0292% / S −0.2341%	1h	1.1845	−0.044%	$3K	—	100x
Kraken Futures PF_ZROUSD	+0.0316%	1h	1.1859	+0.069%	$251K	$572K	25x	as long as short
Injective ZRO/USDC PERP	+0.1237%	1h	1.1860	+0.080%	$12K	$175K	12x	as long as short
Extended ZRO-USD	+0.1240%	1h	1.1843	−0.059%	$784K	$556K	10x	as long as short