Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.042%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$870.870% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.042%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.092% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1790 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $1.4M | $1.5M | 75x |
| Short | Bybit ZROUSDT | 1.1795 | 0.0100 | get 0.0050% / 4h | 3h 20m | $18.0M | $14.1M | 50x |
Gate ZRO_USDT
Bybit ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.042% → −0.050%
- $9.23
- Slippage, 4 orders
- −$61.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$77.79
- Costs to cover
- 0.870%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 3 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, 2 min ago | 8.49 bp | 31.6 bp −$32 | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.85 bp | 14.8 bp −$15 | 45.7 bp −$457 | doesn't fit | doesn't fit |
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 | −0.0088% | 1h | 1.1779 | −0.098% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0013% | 4h | 1.1792 | +0.017% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1799 | +0.074% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1804 | +0.119% | $37.4M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1799 | +0.072% | $158K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1790 | −0.001% | $137K | $170K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1801 | +0.094% | $22.2M | $30.2M | 75x | as long as short |
| Bybit ZROUSDTshort | +0.0100% | 4h | 1.1795 | +0.042% | $18.0M | $14.1M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1804 | +0.119% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1790 | long leg | $1.4M | $1.5M | 75x |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1799 | +0.076% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1793 | +0.025% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1792 | +0.017% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1799 | +0.076% | — | $14.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1783 | −0.063% | $2.3M | $854K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | +0.170% | $37K | $687K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1798 | +0.068% | $92K | $828K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1788 | −0.015% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0112% | 4h | 1.1792 | +0.017% | $1.1M | $254K | 75x | as long as short |
| dYdX ZRO-USD | +0.0245% | 1h | 1.1802 | +0.103% | $21K | $3K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1792 | +0.021% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0301% | 1h | 1.1799 | +0.076% | $253K | $410K | 25x | as long as short |
| Nado ZRO-PERP | +0.0303% | 1h | 1.1789 | −0.005% | $1.3M | $129K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0392% | 1h | 1.1797 | +0.059% | $98K | $205K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1840 | +0.424% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1312% | 1h | 1.1802 | +0.101% | $788K | $589K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD