Funding you earn now, next payment 22:00 UTC+0.0063%/8h= +6.8% APRpaid last 24h +0.010%
Price spread now: dYdX against Orderly+0.094%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.094% dearer against Orderly than usual: you sell high and buy low: +$9 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 | Orderly PERP_ZRO_USDC | 1.1803 | −0.0061 | get 0.0031% / 4h | 2h 27m | $21K | $7K | 10x |
| Short | dYdX ZRO-USD | 1.1814 | 0.0002 | get 0.0000% / 1h | 27m 34s | $21K | $2K | 5x |
Orderly PERP_ZRO_USDC
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Orderly. 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
- $13.14
- Price spread: +0.094% → 0.000%
- $9.44
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $6.58
- Costs to cover
- 0.160%
- Break-even
- 3.5 days
Slippage unknown: Orderly: no order-book sample; dYdX: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Orderly and dYdX: 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 | −0.0448% | 1h | 1.1823 | +0.168% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDClong | −0.0061% | 4h | 1.1803 | long leg | $21K | $7K | 10x | |
| dYdX ZRO-USDshort | +0.0002% | 1h | 1.1814 | +0.094% | $21K | $2K | 5x | |
| OKX ZRO-USDT-SWAP | +0.0068% | 4h | 1.1824 | +0.178% | $3.2M | $9.0M | 20x | as long as short |
| Bybit ZROUSDT | +0.0081% | 4h | 1.1822 | +0.161% | $18.2M | $15.7M | 50x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1824 | +0.175% | $4.6M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1834 | +0.263% | $37.6M | $6.9M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1819 | +0.139% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1822 | +0.163% | $143K | $193K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1826 | +0.195% | $22.3M | $33.4M | 75x | as long as short |
01 Exchange ZROUSD
OKX ZRO-USDT-SWAP
Bybit ZROUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1800 | −0.025% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1821 | +0.153% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1821 | +0.153% | $2.5M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1825 | +0.186% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1821 | +0.153% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1812 | +0.076% | $92K | $204K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1835 | +0.275% | $2.3M | $860K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | +0.398% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1834 | +0.263% | $87K | $922K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1800 | −0.028% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0140% | 4h | 1.1802 | −0.008% | $1.1M | $265K | 75x | as long as short |
| Nado ZRO-PERP | +0.0151% | 1h | 1.1817 | +0.118% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1804 | +0.005% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1814 | +0.095% | $250K | $572K | 25x | as long as short |
| Extended ZRO-USD | +0.1088% | 1h | 1.1821 | +0.155% | $780K | $559K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1840 | +0.313% | $12K | $175K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
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