Funding you earn now, next payment 08:00 UTC−0.1271%/8h= −139.2% APRnext payment −$1.59 per $10,000 · paid last 24h −0.213%
Price spread now: dYdX against Injective−0.300%98s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and dYdX is 0.300% cheaper against Injective than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 98 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 | Injective ZRO/USDC PERP | 1.1730 | 0.1271 | pay 0.0159% / 1h | 41m 37s | $12K | $261K | 12x |
| Short | dYdX ZRO-USD | 1.1695 | 0 | get 0.0000% / 1h | 41m 37s | $21K | $5K | 5x |
Injective ZRO/USDC PERP
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Injective. 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
- −$266.86
- Price spread: −0.300% → 0.000%
- −$30.03
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$306.91
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 62 min ago; 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 Injective live order book, 62 min ago | 29.90 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 | 0.0000% | 1h | 1.1695 | −0.300% | $21K | $5K | 5x | |
| BloFin ZRO-USDT | +0.0078% | 4h | 1.1700 | −0.256% | $1.0M | $205K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0088% | 1h | 1.1696 | −0.288% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0094% | 4h | 1.1701 | −0.247% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1713 | −0.142% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1705 | −0.213% | $37.1M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1701 | −0.248% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1693 | −0.316% | $137K | $171K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1689 | −0.350% | $21.9M | $28.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1688 | −0.358% | $17.9M | $13.2M | 50x | as long as short |
BloFin ZRO-USDT
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
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 | 1.1688 | −0.358% | $3.2M | $7.6M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1690 | −0.341% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1689 | −0.350% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1691 | −0.332% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1697 | −0.281% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1692 | −0.324% | — | $21.8M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1686 | −0.373% | $2.3M | $771K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | −0.426% | $39K | $669K | 50x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1691 | −0.329% | $1.3M | $128K | 5x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1713 | −0.145% | $99K | $813K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1695 | −0.298% | $21K | — | 3x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1705 | −0.209% | $3K | — | 100x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0365% | 1h | 1.1704 | −0.222% | $95K | $214K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0430% | 1h | 1.1716 | −0.121% | $255K | $298K | 25x | as long as short |
| Extended ZRO-USD | +0.0696% | 1h | 1.1690 | −0.344% | $797K | $647K | 10x | as long as short |
| Injective ZRO/USDC PERPlong | +0.1271% | 1h | 1.1730 | long leg | $12K | $261K | 12x |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Nado ZRO-PERP
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Backpack ZRO_USDC_PERP
Kraken Futures PF_ZROUSD
Extended ZRO-USD