Funding you earn now, next payment 04:00 UTC+0.1003%/8h= +109.9% APRpaid last 24h +0.175%
Price spread now: Extended against Orderly−0.013%7-day average — · you buy dearer than you sell
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZRO_USDC | 1.1613 | 0.0037 | pay 0.0018% / 4h | 52m 05s | $20K | $5K | 10x |
| Short | Extended ZRO-USD | 1.1612 | 0.1040 | get 0.0130% / 1h | 52m 05s | $776K | $590K | 10x |
Orderly PERP_ZRO_USDC
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $210.72
- Price spread: −0.013% → 0.000%
- −$1.29
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $198.43
- Costs to cover
- 0.110%
- Break-even
- 0.4 days
Slippage unknown: Orderly: no order-book sample; Extended: 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 Extended live order book, 6 min ago | 20.56 bp | 26.3 bp −$26 | doesn't fit | 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 | −0.0008% | 1h | 1.1612 | −0.007% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1642 | +0.253% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDClong | +0.0037% | 4h | 1.1613 | long leg | $20K | $5K | 10x | |
| BloFin ZRO-USDT | +0.0068% | 4h | 1.1643 | +0.258% | $1.1M | $247K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1625 | +0.104% | $4.3M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1634 | +0.179% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1625 | +0.103% | $135K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1612 | −0.009% | $21.7M | $29.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1599 | −0.121% | $17.7M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1611 | −0.017% | $3.2M | $7.8M | 20x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter 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 | 1.1610 | −0.026% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1612 | −0.009% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1598 | −0.129% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1606 | −0.060% | $2.6M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1612 | −0.009% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1614 | +0.009% | $97K | $196K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1657 | +0.375% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1640 | +0.232% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1628 | +0.129% | $98K | $844K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1614 | +0.007% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0174% | 1h | 1.1617 | +0.030% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1618 | +0.045% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0383% | 1h | 1.1625 | +0.102% | $255K | $404K | 25x | as long as short |
| Hyperliquid ZRO | +0.0477% | 1h | 1.1632 | +0.164% | $36.8M | $5.4M | 5x | as long as short |
| Extended ZRO-USDshort | +0.1040% | 1h | 1.1612 | −0.013% | $776K | $590K | 10x | |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1690 | +0.663% | $12K | $260K | 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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Injective ZRO/USDC PERP