ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.24 per $10,000 · paid last 24h −0.072%

Price spread now: ApeX Omni against GMX+0.183%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 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 pays, funding is against you. ApeX Omni is 0.183% dearer against GMX than usual: you sell high and buy low (spread +0.183% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ZRO/USD [ETH-USDC]	1.1808	L +0.0292% / S −0.2341%	pay 0.0036% / 1h	31m 00s	$3K	—	100x
Short	ApeX Omni ZROUSDT	1.1830	0.0100	get 0.0013% / 1h	31m 00s	$37K	$682K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee ApeX OmnibpOrdersPrice spread, now +0.183%Rate

Funding earned: −$40.3
Price spread: +0.183% → 0.000%: $18.28
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$44.02
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 52 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 GMX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 52 min ago	8.44 bp	17.6 bp −$18	115.8 bp −$1,158	doesn't fit	doesn't fit

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	−0.0504%	1h	1.1794	−0.121%	$7K	$3K	5x	as long as short
Orderly PERP_ZRO_USDC	−0.0041%	4h	1.1789	−0.164%	$21K	$7K	10x	as long as short
Kraken Futures PF_ZROUSD	+0.0059%	1h	1.1799	−0.082%	$250K	$518K	25x	as long as short
BloFin ZRO-USDT	+0.0062%	4h	1.1791	−0.148%	$1.1M	$262K	75x	as long as short
Lighter ZRO	+0.0096%	1h	1.1790	−0.156%	$4.4M	$1.5M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1802	−0.054%	$37.5M	$6.2M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1804	−0.040%	$158K	$153K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1810	+0.010%	$138K	$182K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1779	−0.249%	$22.1M	$31.8M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1778	−0.258%	$18.0M	$14.8M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1786	−0.190%	$3.2M	$8.5M	20x	as long as short
Gate ZRO_USDT	+0.0100%	4h	1.1800	−0.071%	$1.3M	$1.8M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1788	−0.173%	$19.0M	$3.1M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1803	−0.046%	$2.9M	$1.8M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1776	−0.275%	$2.7M	$2.4M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1791	−0.148%	—	$10.8M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1794	−0.122%	$100K	$208K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1815	+0.057%	$2.3M	$859K	—	as long as short
ApeX Omni ZROUSDTshort	+0.0100%	1h	1.1830	+0.183%	$37K	$682K	50x
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1810	+0.013%	$88K	$904K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1787	−0.179%	$21K	—	3x	as long as short
dYdX ZRO-USD	+0.0138%	1h	1.1811	+0.021%	$21K	$2K	5x	as long as short
Nado ZRO-PERP	+0.0179%	1h	1.1800	−0.073%	$1.3M	$124K	5x	as long as short
GMX ZRO/USD [ETH-USDC]long	L +0.0292% / S −0.2341%	1h	1.1808	long leg	$3K	—	100x
Injective ZRO/USDC PERP	+0.0980%	1h	1.1880	+0.606%	$12K	$218K	12x	as long as short
Extended ZRO-USD	+0.2504%	1h	1.1779	−0.249%	$780K	$541K	10x	as long as short