Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC−0.144%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$700.700% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now −0.144%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.165% cheaper against MEXC than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1807 | 0.0100 | pay 0.0050% / 4h | 1m 57s | $19.4M | $2.7M | 125x |
| Short | Gate ZRO_USDT | 1.1790 | 0.0100 | get 0.0050% / 4h | 1m 57s | $1.3M | $1.4M | 75x |
MEXC ZRO_USDT
Gate ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $0
- Price spread: −0.144% → +0.021%
- −$16.49
- Slippage, 4 orders
- −$55.01
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$86.5
- Costs to cover
- 0.700%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, just now.
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 MEXC live order book, 2 min ago | 0.42 bp | 6.9 bp −$7 | 48.0 bp −$480 | 93.3 bp −$9,334 | 461.1 bp −$230.6K |
| Sell Gate live order book, just now | 8.48 bp | 28.4 bp −$28 | 70.3 bp −$703 | doesn't fit | doesn't fit |
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 | −0.0016% | 1h | 1.1793 | −0.120% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0005% | 1h | 1.1824 | +0.143% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0082% | 4h | 1.1806 | −0.008% | $21K | $4K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0093% | 4h | 1.1810 | +0.025% | $1.0M | $199K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1827 | +0.174% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1791 | −0.134% | $1.3M | $128K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1820 | +0.110% | $37.4M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1812 | +0.039% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1812 | +0.039% | $139K | $165K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1808 | +0.008% | $22.1M | $28.9M | 75x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Nado ZRO-PERP
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | +0.0100% | 4h | 1.1798 | −0.076% | $18.0M | $13.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1808 | +0.008% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDTshort | +0.0100% | 4h | 1.1790 | −0.144% | $1.3M | $1.4M | 75x | |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1807 | long leg | $19.4M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1804 | −0.025% | $2.4M | $2.1M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1795 | −0.102% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1806 | −0.008% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1775 | −0.272% | $2.3M | $760K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1820 | +0.110% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1798 | −0.076% | $100K | $811K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0104% | 1h | 1.1813 | +0.051% | $98K | $218K | 20x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1805 | −0.017% | $21K | — | 3x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1813 | +0.055% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0426% | 1h | 1.1830 | +0.194% | $265K | $302K | 25x | as long as short |
| Extended ZRO-USD | +0.0440% | 1h | 1.1807 | −0.004% | $807K | $647K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1271% | 1h | 1.1860 | +0.449% | $12K | $261K | 12x | as long as short |
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Backpack ZRO_USDC_PERP
Aevo ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP