ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.35 per $10,000 · paid last 24h −0.081%

Price spread now: dYdX against GMX+0.037%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 dYdX

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. dYdX is 0.037% dearer against GMX than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ZRO/USD [ETH-USDC]	1.1685	L +0.0292% / S −0.2341%	pay 0.0037% / 1h	16m 02s	$3K	—	100x
Short	dYdX ZRO-USD	1.1689	0.0008	get 0.0001% / 1h	16m 02s	$21K	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$59.62
Price spread: +0.037% → 0.000%: $3.69
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$77.92
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

GMX and dYdX: 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
dYdX ZRO-USDshort	+0.0008%	1h	1.1689	+0.037%	$21K	$5K	5x
Orderly PERP_ZRO_USDC	+0.0069%	4h	1.1695	+0.085%	$20K	$4K	10x	as long as short
BloFin ZRO-USDT	+0.0090%	4h	1.1678	−0.061%	$1.0M	$250K	75x	as long as short
Lighter ZRO	+0.0096%	1h	1.1705	+0.174%	$4.4M	$1.2M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1700	+0.128%	$37.1M	$5.5M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1703	+0.153%	$158K	$151K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1688	+0.028%	$137K	$175K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1692	+0.059%	$21.9M	$29.4M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1686	+0.008%	$17.9M	$13.6M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1683	−0.018%	$3.2M	$7.8M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZRO_USDT	+0.0100%	4h	1.1680	−0.043%	$1.3M	$1.5M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1688	+0.025%	$19.2M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1684	−0.009%	$2.4M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1678	−0.061%	$2.7M	$2.5M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1689	+0.034%	—	$16.6M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1694	+0.076%	$94K	$220K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1633	−0.442%	$2.3M	$809K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1690	+0.042%	$39K	$675K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1695	+0.085%	$102K	$815K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1680	−0.043%	$21K	—	3x	as long as short
01 Exchange ZROUSD	+0.0120%	1h	1.1698	+0.108%	$4K	$5K	5x	as long as short
Nado ZRO-PERP	+0.0168%	1h	1.1695	+0.083%	$1.3M	$126K	5x	as long as short
GMX ZRO/USD [ETH-USDC]long	L +0.0292% / S −0.2341%	1h	1.1685	long leg	$3K	—	100x
Kraken Futures PF_ZROUSD	+0.0703%	1h	1.1697	+0.100%	$253K	$335K	25x	as long as short
Extended ZRO-USD	+0.0960%	1h	1.1687	+0.013%	$799K	$625K	10x	as long as short
Injective ZRO/USDC PERP	+0.1343%	1h	1.1740	+0.470%	$12K	$261K	12x	as long as short