ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0548%/8h= −60.0% APRnext payment −$0.68 per $10,000 · paid last 24h +0.013%

Price spread now: dYdX against Kraken Futures+0.216%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. dYdX is 0.216% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.216% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ZROUSD	1.1966	0.0548	pay 0.0068% / 1h	2m 00s	$272K	$290K	25x
Short	dYdX ZRO-USD	1.1991	0	get 0.0000% / 1h	2m 00s	$22K	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now +0.216%Rate

Funding earned: −$115.03
Price spread: +0.216% → 0.000%: $21.58
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$113.45
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 31 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 Kraken Futures live order book, 31 min ago	21.99 bp	53.4 bp −$53	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
01 Exchange ZROUSD	−0.0272%	1h	1.1952	−0.117%	$4K	$5K	5x	as long as short
dYdX ZRO-USDshort	0.0000%	1h	1.1991	+0.216%	$22K	$5K	5x
Orderly PERP_ZRO_USDC	+0.0049%	4h	1.1966	+0.003%	$21K	$4K	10x	as long as short
BloFin ZRO-USDT	+0.0071%	4h	1.1979	+0.112%	$1.1M	$152K	75x	as long as short
Lighter ZRO	+0.0096%	1h	1.1977	+0.093%	$4.5M	$1.2M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1978	+0.103%	$37.9M	$5.2M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1982	+0.136%	$162K	$147K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1969	+0.030%	$138K	$161K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1965	−0.005%	$22.5M	$28.5M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1960	−0.047%	$18.3M	$12.6M	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	1.1979	+0.112%	$3.2M	$7.9M	20x	as long as short
Gate ZRO_USDT	+0.0100%	4h	1.1970	+0.036%	$1.4M	$1.3M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1960	−0.047%	$9.5M	$2.9M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1983	+0.145%	$2.5M	$2.2M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1961	−0.039%	$2.8M	$2.3M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1959	−0.055%	—	$21.6M	—	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1986	+0.170%	$2.3M	$739K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.2000	+0.287%	$40K	$670K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1982	+0.137%	$102K	$789K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1955	−0.089%	$21K	—	3x	as long as short
Nado ZRO-PERP	+0.0126%	1h	1.1972	+0.055%	$1.4M	$119K	5x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0294% / S −0.2341%	1h	1.1972	+0.049%	$3K	—	100x	as long as short
Extended ZRO-USD	+0.0304%	1h	1.1961	−0.037%	$818K	$646K	10x	as long as short
Backpack ZRO_USDC_PERP	+0.0503%	1h	1.1970	+0.036%	$96K	$217K	20x	as long as short
Kraken Futures PF_ZROUSDlong	+0.0548%	1h	1.1966	long leg	$272K	$290K	25x
Injective ZRO/USDC PERP	+0.1160%	1h	1.2040	+0.621%	$13K	$258K	12x	as long as short