Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.039%
Price spread now: MEXC against Orderly+0.017%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 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 | 1.1800 | 0.0047 | pay 0.0024% / 4h | 3h 54m | $21K | $5K | 10x |
| Short | MEXC ZRO_USDT | 1.1802 | 0.0100 | get 0.0050% / 4h | 3h 54m | $19.3M | $2.7M | 125x |
Orderly PERP_ZRO_USDC
MEXC ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $11.09
- Price spread: +0.017% → 0.000%
- $1.69
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $6.78
- Costs to cover
- 0.060%
- Break-even
- 2.7 days
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 0.85 bp | 3.6 bp −$4 | 11.1 bp −$111 | 73.7 bp −$7,372 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | 0.0000% | 1h | 1.1782 | −0.148% | $21K | $4K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0045% | 4h | 1.1808 | +0.068% | $1.1M | $251K | 75x | as long as short |
| Orderly PERP_ZRO_USDClong | +0.0047% | 4h | 1.1800 | long leg | $21K | $5K | 10x | |
| Lighter ZRO | +0.0096% | 1h | 1.1821 | +0.174% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1798 | −0.020% | $159K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1781 | −0.161% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1799 | −0.008% | $22.1M | $29.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1794 | −0.051% | $18.0M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1805 | +0.042% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1800 | 0.000% | $1.4M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1802 | +0.017% | $19.3M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1800 | 0.000% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1802 | +0.017% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1793 | −0.059% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1812 | +0.102% | $101K | $219K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1756 | −0.373% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | −0.254% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1804 | +0.034% | $100K | $851K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1795 | −0.042% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0216% | 1h | 1.1789 | −0.091% | $1.3M | $124K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0232% | 1h | 1.1804 | +0.036% | $7K | $3K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1801 | +0.006% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0459% | 1h | 1.1802 | +0.020% | $259K | $388K | 25x | as long as short |
| Hyperliquid ZRO | +0.0489% | 1h | 1.1819 | +0.161% | $37.5M | $5.4M | 5x | as long as short |
| Extended ZRO-USD | +0.0992% | 1h | 1.1796 | −0.034% | $788K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1830 | +0.254% | $12K | $261K | 12x | as long as short |
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
01 Exchange ZROUSD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP