Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.034%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$720.719% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.034%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.064% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1870 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $1.4M | $2.0M | 75x |
| Short | BingX ZRO-USDT | 1.1874 | 0.0100 | get 0.0050% / 4h | 2h 15m | — | $10.9M | — |
Gate ZRO_USDT
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $0
- Price spread: +0.034% → −0.031%
- $6.42
- Slippage, 4 orders
- −$46.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$65.43
- Costs to cover
- 0.719%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 8 min ago.
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 Gate live order book, 3 min ago | 8.43 bp | 25.9 bp −$26 | 58.6 bp −$586 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 2.95 bp | 8.8 bp −$9 | 9.5 bp −$95 | 26.2 bp −$2,618 | 56.7 bp −$28.4K |
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 | −0.0400% | 1h | 1.1838 | −0.274% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0048% | 4h | 1.1873 | +0.025% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0046% | 1h | 1.1860 | −0.081% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0087% | 4h | 1.1868 | −0.017% | $1.1M | $266K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1878 | +0.069% | $4.6M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1887 | +0.143% | $37.7M | $6.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1879 | +0.076% | $159K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1853 | −0.142% | $143K | $193K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1871 | +0.008% | $22.4M | $33.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1864 | −0.051% | $18.2M | $15.6M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1877 | +0.059% | $3.2M | $9.0M | 20x | as long as short |
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1870 | long leg | $1.4M | $2.0M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1870 | 0.000% | $19.2M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1880 | +0.084% | $3.0M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1867 | −0.025% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1874 | +0.034% | — | $10.9M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1881 | +0.093% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1844 | −0.215% | $2.3M | $861K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1860 | −0.084% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1864 | −0.051% | $87K | $920K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1870 | 0.000% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0158% | 1h | 1.1866 | −0.031% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1883 | +0.106% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0315% | 1h | 1.1889 | +0.156% | $252K | $571K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1900 | +0.253% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.1864% | 1h | 1.1867 | −0.023% | $784K | $555K | 10x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD