Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h +0.023%
Price spread now: MEXC against dYdX−0.012%47s7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZRO-USD | 1.1845 | 0.0130 | pay 0.0016% / 1h | 49m 43s | $21K | $2K | 5x |
| Short | MEXC ZRO_USDT | 1.1844 | 0.0100 | get 0.0050% / 4h | 49m 43s | $19.2M | $2.7M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$6.32
- Price spread: −0.012% → 0.000%
- −$1.23
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$17.56
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 0.42 bp | 4.6 bp −$5 | 18.8 bp −$188 | 66.2 bp −$6,621 | 434.8 bp −$217.4K |
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 | −0.0168% | 1h | 1.1854 | +0.070% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0015% | 4h | 1.1844 | −0.012% | $21K | $7K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1858 | +0.107% | $4.4M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1857 | +0.096% | $158K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1864 | +0.157% | $138K | $181K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1842 | −0.029% | $22.2M | $31.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1856 | +0.089% | $18.1M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1851 | +0.047% | $3.2M | $8.3M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1850 | +0.038% | $1.4M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1844 | −0.012% | $19.2M | $2.7M | 125x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1852 | +0.055% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1854 | +0.072% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1852 | +0.055% | — | $10.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1858 | +0.106% | $2.3M | $850K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | +0.038% | $37K | $687K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1862 | +0.140% | $89K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1842 | −0.028% | $21K | — | 3x | as long as short |
| dYdX ZRO-USDlong | +0.0130% | 1h | 1.1845 | long leg | $21K | $2K | 5x | |
| Kraken Futures PF_ZROUSD | +0.0132% | 1h | 1.1859 | +0.110% | $254K | $434K | 25x | as long as short |
| BloFin ZRO-USDT | +0.0158% | 4h | 1.1859 | +0.114% | $1.1M | $258K | 75x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0181% | 1h | 1.1851 | +0.047% | $101K | $207K | 20x | as long as short |
| Hyperliquid ZRO | +0.0201% | 1h | 1.1861 | +0.131% | $37.6M | $6.2M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1844 | −0.009% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0315% | 1h | 1.1858 | +0.108% | $1.3M | $125K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1900 | +0.460% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.2024% | 1h | 1.1844 | −0.010% | $784K | $558K | 10x | as long as short |
MEXC ZRO_USDT
01 Exchange ZROUSD
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Kraken Futures PF_ZROUSD
BloFin ZRO-USDT
Backpack ZRO_USDC_PERP
Hyperliquid ZRO
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD