ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.036%

Price spread now: Bitget against Orderly−0.068%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Bitget is 0.068% cheaper against Orderly than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ZRO_USDC	1.1732	0.0001	pay 0.0000% / 4h	31m 55s	$21K	$7K	10x
Short	Bitget ZROUSDT	1.1724	0.0100	get 0.0050% / 4h	31m 55s	$2.7M	$2.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee BitgetbpOrdersPrice spread, now −0.068%Rate

Funding earned: $20.83
Price spread: −0.068% → 0.000%: −$6.82
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$3.99
Costs to cover: 0.180%
Break-even: 8.3 days

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 6 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Bitget live order book, 6 min ago	3.82 bp	22.7 bp −$23	45.5 bp −$455	doesn't fit	doesn't fit

Orderly: 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
01 Exchange ZROUSD	−0.0160%	1h	1.1725	−0.061%	$7K	$3K	5x	as long as short
Orderly PERP_ZRO_USDClong	+0.0001%	4h	1.1732	long leg	$21K	$7K	10x
BloFin ZRO-USDT	+0.0076%	4h	1.1737	+0.043%	$1.1M	$255K	75x	as long as short
Lighter ZRO	+0.0096%	1h	1.1742	+0.089%	$4.4M	$1.5M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1732	0.000%	$37.2M	$6.2M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1743	+0.090%	$157K	$153K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1735	+0.026%	$136K	$177K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1726	−0.051%	$22.0M	$31.3M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1727	−0.043%	$17.9M	$14.7M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1727	−0.043%	$3.2M	$8.3M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZRO_USDT	+0.0100%	4h	1.1740	+0.068%	$1.3M	$1.8M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1728	−0.034%	$19.1M	$2.8M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1724	−0.068%	$2.4M	$1.9M	50x	as long as short
Bitget ZROUSDTshort	+0.0100%	4h	1.1724	−0.068%	$2.7M	$2.4M	75x
BingX ZRO-USDT	+0.0100%	4h	1.1733	+0.009%	—	$10.7M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1738	+0.051%	$100K	$207K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1756	+0.202%	$2.3M	$878K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1770	+0.324%	$37K	$685K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1739	+0.060%	$93K	$825K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1730	−0.015%	$21K	—	3x	as long as short
Kraken Futures PF_ZROUSD	+0.0133%	1h	1.1744	+0.102%	$252K	$434K	25x	as long as short
dYdX ZRO-USD	+0.0137%	1h	1.1738	+0.055%	$21K	$2K	5x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0291% / S −0.2341%	1h	1.1734	+0.016%	$3K	—	100x	as long as short
Nado ZRO-PERP	+0.0365%	1h	1.1732	+0.004%	$1.3M	$125K	5x	as long as short
Injective ZRO/USDC PERP	+0.1159%	1h	1.1840	+0.921%	$12K	$260K	12x	as long as short
Extended ZRO-USD	+0.1992%	1h	1.1728	−0.030%	$784K	$610K	10x	as long as short