Funding you earn now, next payment 06:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.063%
Price spread now: 01 Exchange against MEXC+0.064%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.064% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1641 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $19.1M | $2.7M | 125x |
| Short | 01 Exchange ZROUSD | 1.1648 | 0.0160 | get 0.0020% / 1h | 35m 38s | $4K | $5K | 5x |
MEXC ZRO_USDT
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $12.6
- Price spread: +0.064% → 0.000%
- $6.44
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $12.04
- Costs to cover
- 0.070%
- Break-even
- 0.3 days
Slippage unknown: MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 1.73 bp | 5.5 bp −$6 | 45.8 bp −$458 | 80.2 bp −$8,015 | 312.5 bp −$156.3K |
| 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack ZRO_USDC_PERP | −0.0027% | 1h | 1.1620 | −0.180% | $93K | $218K | 20x | as long as short |
| dYdX ZRO-USD | +0.0011% | 1h | 1.1638 | −0.025% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0063% | 4h | 1.1612 | −0.249% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1658 | +0.145% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1650 | +0.077% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1638 | −0.022% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1644 | +0.025% | $137K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1641 | −0.001% | $21.8M | $29.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1641 | 0.000% | $17.8M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1649 | +0.069% | $3.2M | $7.8M | 20x | as long as short |
Backpack ZRO_USDC_PERP
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1640 | −0.009% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1641 | long leg | $19.1M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1635 | −0.052% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1639 | −0.017% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1631 | −0.086% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1599 | −0.363% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1550 | −0.782% | $39K | $678K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1619 | −0.189% | $102K | $817K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1608 | −0.285% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0145% | 4h | 1.1576 | −0.558% | $1.0M | $247K | 75x | as long as short |
| 01 Exchange ZROUSDshort | +0.0160% | 1h | 1.1648 | +0.064% | $4K | $5K | 5x | |
| Nado ZRO-PERP | +0.0172% | 1h | 1.1615 | −0.224% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1610 | −0.264% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0708% | 1h | 1.1614 | −0.233% | $253K | $336K | 25x | as long as short |
| Extended ZRO-USD | +0.0960% | 1h | 1.1643 | +0.020% | $795K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1620 | −0.180% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP