Funding you earn now, next payment 00:00 UTC+0.0349%/8h= +38.2% APRnext payment +$0.44 per $10,000 · paid last 24h +0.969%
Price spread now: GMX against Extended+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$10 a day on $10k at the current rate, and GMX is 0.061% dearer against Extended than usual: you sell high and buy low: +$6 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 | Extended ZRO-USD | 1.1856 | 0.1992 | pay 0.0249% / 1h | 53m 48s | $784K | $558K | 10x |
| Short | GMX ZRO/USD [ETH-USDC] | 1.1864 | L +0.0292% / S −0.2341% | get 0.0293% / 1h | 53m 48s | $3K | — | 100x |
Extended ZRO-USD
GMX ZRO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $73.33
- Price spread: +0.061% → 0.000%
- $6.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $62.45
- Costs to cover
- 0.170%
- Break-even
- 1.0 days
Slippage unknown: Extended: live order book, 24 min ago; 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 Extended live order book, 24 min ago | 13.07 bp | 992.8 bp −$993 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.0152% | 1h | 1.1859 | +0.023% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0016% | 4h | 1.1864 | +0.065% | $21K | $7K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1871 | +0.122% | $4.4M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1866 | +0.086% | $159K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1871 | +0.128% | $138K | $181K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1855 | −0.008% | $22.2M | $31.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1860 | +0.032% | $18.1M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1857 | +0.006% | $3.2M | $8.3M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1860 | +0.032% | $1.4M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1857 | +0.006% | $19.2M | $2.7M | 125x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1867 | +0.091% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1864 | +0.065% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1865 | +0.074% | — | $10.8M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1854 | −0.016% | $2.3M | $850K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1870 | +0.116% | $37K | $687K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1872 | +0.133% | $89K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1860 | +0.032% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0131% | 1h | 1.1884 | +0.233% | $255K | $434K | 25x | as long as short |
| BloFin ZRO-USDT | +0.0135% | 4h | 1.1879 | +0.192% | $1.1M | $258K | 75x | as long as short |
| Hyperliquid ZRO | +0.0191% | 1h | 1.1872 | +0.133% | $37.7M | $6.2M | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0200% | 1h | 1.1865 | +0.074% | $101K | $207K | 20x | as long as short |
| dYdX ZRO-USD | +0.0210% | 1h | 1.1879 | +0.191% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0262% | 1h | 1.1868 | +0.095% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]short | L +0.0292% / S −0.2341% | 1h | 1.1864 | +0.061% | $3K | — | 100x | |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1920 | +0.538% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDlong | +0.1992% | 1h | 1.1856 | long leg | $784K | $558K | 10x |
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Kraken Futures PF_ZROUSD
BloFin ZRO-USDT
Hyperliquid ZRO
Backpack ZRO_USDC_PERP
dYdX ZRO-USD
Nado ZRO-PERP
Injective ZRO/USDC PERP