Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h −0.052%
Price spread now: 01 Exchange against dYdX+0.160%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.160% dearer against dYdX than usual: you sell high and buy low: +$16 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 | 1.1759 | 0.0012 | pay 0.0001% / 1h | 25m 11s | $21K | $4K | 5x |
| Short | 01 Exchange ZROUSD | 1.1778 | 0.0080 | get 0.0010% / 1h | 25m 11s | $7K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $14.36
- Price spread: +0.160% → 0.000%
- $16.02
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $13.38
- Costs to cover
- 0.170%
- Break-even
- 0.5 days
Slippage unknown: dYdX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
dYdX and 01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USDlong | +0.0012% | 1h | 1.1759 | long leg | $21K | $4K | 5x | |
| Orderly PERP_ZRO_USDC | +0.0038% | 4h | 1.1757 | −0.015% | $21K | $5K | 10x | as long as short |
| 01 Exchange ZROUSDshort | +0.0080% | 1h | 1.1778 | +0.160% | $7K | $3K | 5x | |
| Lighter ZRO | +0.0096% | 1h | 1.1769 | +0.090% | $4.4M | $1.2M | 5x | as long as short |
| BloFin ZRO-USDT | +0.0097% | 4h | 1.1734 | −0.211% | $1.0M | $249K | 75x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1766 | +0.058% | $159K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1754 | −0.042% | $136K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1749 | −0.085% | $22.0M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1740 | −0.160% | $17.9M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1738 | −0.177% | $3.2M | $7.9M | 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 | 1.1740 | −0.160% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1743 | −0.134% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1745 | −0.117% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1733 | −0.219% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1740 | −0.160% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1742 | −0.143% | $97K | $218K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1713 | −0.391% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | −0.245% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1772 | +0.113% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1758 | −0.007% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0185% | 1h | 1.1760 | +0.008% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1760 | +0.012% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0378% | 1h | 1.1773 | +0.118% | $259K | $400K | 25x | as long as short |
| Hyperliquid ZRO | +0.0389% | 1h | 1.1752 | −0.058% | $37.2M | $5.5M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1800 | +0.351% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1208% | 1h | 1.1748 | −0.092% | $784K | $589K | 10x | as long as short |
01 Exchange ZROUSD
Lighter ZRO
BloFin ZRO-USDT
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
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
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Injective ZRO/USDC PERP
Extended ZRO-USD