Funding you earn now, next payment 22:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.072%
Price spread now: KuCoin against GMX+0.019%7-day average — · you sell dearer than you buy
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: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZRO/USD [ETH-USDC] | 1.1803 | L +0.0292% / S −0.2341% | pay 0.0036% / 1h | 11m 37s | $3K | — | 100x |
| Short | KuCoin ZROUSDTM | 1.1805 | 0.0100 | get 0.0050% / 4h | 2h 11m | $2.9M | $1.8M | 50x |
GMX ZRO/USD [ETH-USDC]
KuCoin ZROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$40.27
- Price spread: +0.019% → 0.000%
- $1.86
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$62.41
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago | 5.06 bp | 37.0 bp −$37 | 108.2 bp −$1,082 | 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 | −0.0424% | 1h | 1.1766 | −0.309% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0053% | 4h | 1.1798 | −0.041% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0042% | 1h | 1.1803 | +0.003% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0065% | 4h | 1.1809 | +0.053% | $1.1M | $265K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1792 | −0.094% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1797 | −0.047% | $37.4M | $6.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1806 | +0.029% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1785 | −0.147% | $142K | $193K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1786 | −0.142% | $22.3M | $33.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1774 | −0.244% | $18.0M | $15.5M | 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 | 1.1785 | −0.151% | $3.2M | $8.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1800 | −0.024% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1788 | −0.125% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1805 | +0.019% | $2.9M | $1.8M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1795 | −0.066% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1785 | −0.151% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1796 | −0.058% | $94K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1844 | +0.353% | $2.3M | $861K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | +0.400% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1805 | +0.019% | $88K | $915K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1795 | −0.066% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0169% | 1h | 1.1791 | −0.096% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]long | L +0.0292% / S −0.2341% | 1h | 1.1803 | long leg | $3K | — | 100x | |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1809 | +0.052% | $250K | $569K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1910 | +0.908% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.1960% | 1h | 1.1786 | −0.147% | $784K | $541K | 10x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
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
Injective ZRO/USDC PERP
Extended ZRO-USD