Funding you earn now, next payment 02:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.071%
Price spread now: 01 Exchange against KuCoin−0.130%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and 01 Exchange is 0.130% cheaper against KuCoin than usual: you would sell low and buy high (−$13 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 | 1.1708 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $2.3M | $1.9M | 50x |
| Short | 01 Exchange ZROUSD | 1.1693 | −0.0216 | pay 0.0027% / 1h | 1m 04s | $7K | $3K | 5x |
KuCoin ZROUSDTM
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$66.36
- Price spread: −0.130% → 0.000%
- −$12.98
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$98.34
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 6 min ago; 01 Exchange: 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, 6 min ago | 10.73 bp | 66.5 bp −$66 | 140.6 bp −$1,406 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 25 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 ZROUSDshort | −0.0216% | 1h | 1.1693 | −0.130% | $7K | $3K | 5x | |
| dYdX ZRO-USD | +0.0003% | 1h | 1.1701 | −0.061% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1707 | −0.009% | $20K | $5K | 10x | as long as short |
| Bybit ZROUSDT | +0.0036% | 4h | 1.1697 | −0.094% | $17.9M | $13.9M | 50x | as long as short |
| Gate ZRO_USDT | +0.0044% | 4h | 1.1700 | −0.068% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1728 | +0.170% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1727 | +0.162% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1718 | +0.086% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1703 | −0.045% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1710 | +0.014% | $21.9M | $29.7M | 75x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Bybit ZROUSDT
Gate ZRO_USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1707 | −0.009% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1703 | −0.043% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1708 | long leg | $2.3M | $1.9M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1704 | −0.034% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1707 | −0.009% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1712 | +0.034% | $98K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1687 | −0.175% | $2.3M | $814K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | −0.154% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1703 | −0.043% | $91K | $836K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1702 | −0.055% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0227% | 1h | 1.1692 | −0.140% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1714 | +0.050% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0371% | 1h | 1.1724 | +0.132% | $259K | $407K | 25x | as long as short |
| Extended ZRO-USD | +0.1032% | 1h | 1.1699 | −0.081% | $785K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1750 | +0.359% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
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
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP