Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.039%
Price spread now: ApeX Omni against OKX−0.528%80s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)+0.779%+$78 · spread now −0.528%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.578% cheaper against OKX than usual: you would sell low and buy high, −$58 on $10k if it goes back to its 7-day average of +0.050%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRO-USDT-SWAP | 1.1742 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $3.2M | $8.0M | 20x |
| Short | ApeX Omni ZROUSDT | 1.1680 | 0.0100 | get 0.0013% / 1h | 36m 10s | $39K | $674K | 50x |
OKX ZRO-USDT-SWAP
ApeX Omni ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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: −0.528% → +0.050%
- −$57.83
- Slippage, 4 orders
- −$61.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$138.97
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; ApeX Omni: live order book, 27 min ago.
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 OKX live order book, 2 min ago | 0.43 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 27 min ago | 8.53 bp | 19.1 bp −$19 | 116.7 bp −$1,167 | 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 | −0.0528% | 1h | 1.1710 | −0.268% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0013% | 4h | 1.1734 | −0.068% | $17.9M | $14.1M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1708 | −0.287% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDT | +0.0032% | 4h | 1.1710 | −0.273% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1738 | −0.034% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1756 | +0.120% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1740 | −0.017% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1729 | −0.113% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1707 | −0.300% | $136K | $175K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1738 | −0.034% | $22.0M | $29.9M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
dYdX ZRO-USD
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAPlong | +0.0100% | 4h | 1.1742 | long leg | $3.2M | $8.0M | 20x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1737 | −0.043% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1729 | −0.111% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1733 | −0.077% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1726 | −0.136% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1706 | −0.307% | $95K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1694 | −0.407% | $2.3M | $813K | — | as long as short |
| ApeX Omni ZROUSDTshort | +0.0100% | 1h | 1.1680 | −0.528% | $39K | $674K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1724 | −0.153% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1725 | −0.142% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0113% | 4h | 1.1700 | −0.358% | $1.1M | $249K | 75x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0197% | 1h | 1.1751 | +0.077% | $258K | $407K | 25x | as long as short |
| Nado ZRO-PERP | +0.0201% | 1h | 1.1711 | −0.265% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1742 | 0.000% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0584% | 1h | 1.1740 | −0.017% | $784K | $591K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1730 | −0.102% | $12K | $260K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP