Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.019%
Price spread now: dYdX against KuCoin−0.024%7-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 −$3 a day on $10k at the current rate, and dYdX is 0.024% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1738 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $2.2M | $2.3M | 50x |
| Short | dYdX ZRO-USD | 1.1735 | 0 | get 0.0000% / 1h | 28m 09s | $21K | $5K | 5x |
KuCoin ZROUSDTM
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- −$21
- Price spread: −0.024% → 0.000%
- −$2.4
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$45.4
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago | 6.82 bp | 43.4 bp −$43 | 114.6 bp −$1,146 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZRO/USDC PERP | −0.0774% | 1h | 1.1760 | +0.187% | $12K | $257K | 12x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0533% | 1h | 1.1740 | +0.021% | $267K | $197K | 25x | as long as short |
| 01 Exchange ZROUSD | −0.0192% | 1h | 1.1735 | −0.026% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0028% | 4h | 1.1734 | −0.034% | $20K | $2K | 10x | as long as short |
| Bybit ZROUSDT | −0.0010% | 4h | 1.1721 | −0.145% | $18.0M | $11.5M | 50x | as long as short |
| dYdX ZRO-USDshort | 0.0000% | 1h | 1.1735 | −0.024% | $21K | $5K | 5x | |
| OKX ZRO-USDT-SWAP | +0.0009% | 4h | 1.1735 | −0.026% | $3.2M | $7.3M | 20x | as long as short |
| Variational Omni ZRO | +0.0066% | 4h | 1.1696 | −0.356% | $2.3M | $735K | — | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1747 | +0.078% | $4.4M | $1.1M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1748 | +0.085% | $37.2M | $5.0M | 5x | as long as short |
Injective ZRO/USDC PERP
Kraken Futures PF_ZROUSD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Variational Omni ZRO
Lighter ZRO
Hyperliquid ZROShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZROUSDT | +0.0100% | 4h | 1.1740 | +0.015% | $158K | $119K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1727 | −0.092% | $136K | $141K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1732 | −0.054% | $21.9M | $26.3M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1730 | −0.068% | $1.3M | $1.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1730 | −0.068% | $9.4M | $2.5M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1738 | long leg | $2.2M | $2.3M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1737 | −0.009% | $2.8M | $2.3M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1725 | −0.111% | — | $25.2M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1739 | +0.009% | $93K | $217K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1720 | −0.153% | $39K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1739 | +0.009% | $80K | $738K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1724 | −0.115% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0104% | 4h | 1.1713 | −0.213% | $1.0M | $142K | 75x | as long as short |
| Nado ZRO-PERP | +0.0121% | 1h | 1.1735 | −0.025% | $1.3M | $121K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1727 | −0.093% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0528% | 1h | 1.1730 | −0.068% | $798K | $654K | 10x | as long as short |
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD