Funding you earn now, next payment 01:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.033%
Price spread now: 01 Exchange against Orderly+0.019%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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: −$3 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 | 1.1854 | 0.0012 | pay 0.0006% / 4h | 3h 11m | $21K | $6K | 10x |
| Short | 01 Exchange ZROUSD | 1.1856 | −0.0104 | pay 0.0013% / 1h | 11m 16s | $7K | $3K | 5x |
Orderly PERP_ZRO_USDC
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$24.33
- Price spread: +0.019% → 0.000%
- $1.86
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$35.47
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
Orderly and 01 Exchange: 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 ZROUSDshort | −0.0104% | 1h | 1.1856 | +0.019% | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDClong | +0.0012% | 4h | 1.1854 | long leg | $21K | $6K | 10x | |
| Lighter ZRO | +0.0096% | 1h | 1.1869 | +0.124% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1874 | +0.167% | $37.6M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1870 | +0.132% | $159K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1862 | +0.070% | $137K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1849 | −0.042% | $22.2M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1852 | −0.017% | $18.1M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1851 | −0.025% | $3.2M | $8.1M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1860 | +0.051% | $1.4M | $1.5M | 75x | as long as short |
Lighter ZRO
Hyperliquid 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_USDT | +0.0100% | 4h | 1.1854 | 0.000% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1862 | +0.067% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1857 | +0.025% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1858 | +0.034% | — | $15.8M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1845 | −0.076% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.034% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1869 | +0.127% | $92K | $824K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1849 | −0.045% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0135% | 4h | 1.1857 | +0.025% | $1.1M | $256K | 75x | as long as short |
| dYdX ZRO-USD | +0.0204% | 1h | 1.1866 | +0.105% | $21K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0289% | 1h | 1.1857 | +0.027% | $1.4M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1861 | +0.056% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0299% | 1h | 1.1868 | +0.117% | $254K | $408K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0442% | 1h | 1.1864 | +0.084% | $98K | $207K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1910 | +0.472% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1216% | 1h | 1.1846 | −0.070% | $792K | $613K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD