Funding you earn now, next payment 03:00 UTC−0.0251%/8h= −27.5% APRpaid last 24h −0.060%
Price spread now: BloFin against GMX−0.001%51s7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZRO/USD [ETH-USDC] | 1.1741 | L +0.0292% / S −0.2341% | pay 0.0037% / 1h | 34m 01s | $3K | — | 100x |
| Short | BloFin ZRO-USDT | 1.1741 | 0.0042 | get 0.0021% / 4h | 1h 34m | $1.1M | $249K | 75x |
GMX ZRO/USD [ETH-USDC]
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$52.67
- Price spread: −0.001% → 0.000%
- −$0.09
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.75
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 8 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 BloFin live order book, 8 min ago | 1.71 bp | 19.5 bp −$19 | 35.0 bp −$350 | 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 | −0.0496% | 1h | 1.1730 | −0.098% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1735 | −0.051% | $21K | $3K | 5x | as long as short |
| Bybit ZROUSDT | +0.0011% | 4h | 1.1743 | +0.016% | $17.9M | $14.1M | 50x | as long as short |
| Gate ZRO_USDT | +0.0030% | 4h | 1.1720 | −0.180% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1735 | −0.052% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDTshort | +0.0042% | 4h | 1.1741 | −0.001% | $1.1M | $249K | 75x | |
| Lighter ZRO | +0.0096% | 1h | 1.1757 | +0.135% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1764 | +0.195% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1739 | −0.022% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1729 | −0.101% | $136K | $175K | 5x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Bybit ZROUSDT
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1742 | +0.008% | $22.0M | $29.9M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1751 | +0.084% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1740 | −0.009% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1737 | −0.035% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1733 | −0.069% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1742 | +0.008% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1749 | +0.067% | $95K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1732 | −0.076% | $2.3M | $813K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1710 | −0.265% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1740 | −0.009% | $100K | $849K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1730 | −0.095% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0196% | 1h | 1.1736 | −0.041% | $1.3M | $127K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0197% | 1h | 1.1752 | +0.095% | $258K | $407K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC]long | L +0.0292% / S −0.2341% | 1h | 1.1741 | long leg | $3K | — | 100x | |
| Extended ZRO-USD | +0.0592% | 1h | 1.1739 | −0.021% | $784K | $591K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1780 | +0.331% | $12K | $260K | 12x | as long as short |
Binance ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP