TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.6826−0.0426get 0.0053% / 1h53m 55s$200K$38K5xLong Phoenix
SHORT1.6831+0.0100get 0.0050% / 4h1h 53m$6.7M$10.9M20xShort OKX
Price gap+0.030%102s
Funding gap+0.0526% /8h

Both sides work: funding pays +$16 a day on $10k, and the gap is 0.054% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$69+0.0526% /8h now · paid +0.695% over the last 7D
Price—spread +0.030%102s now · prices read too far apart to compare
Costs−$830.829% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.030%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ZRO on 31 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Watch: Thin at this size23.3 / 16.6 bp
    At $10k entering Phoenix costs 23.3 bp, fee and slippage, 1.4× OKX’s.
  • Note: Margin at max leverage$2,000 + $500
    Phoenix 5x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$15.79Long Phoenix: 24 payments, +$12.79; short OKX: 6 payments, +$3.00.
  • Watch: Prices read 102 s apart+0.030% vs −0.025%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$200K vs $6.7M OI
    Phoenix sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPhoenix No · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0331%/8h × 21 periods+$69.49
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$65.93
Fee Phoenix bp × 2 orders−$7.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$13.44
price spread not counted: prices read too far apart
Costs to cover0.829%Break-even8.4 days
Slippage: Phoenix: live order book, 52 min ago; OKX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhoenix5.9323.3 bp−$23doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX1.4916.6 bp−$1794.4 bp−$944doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ZRO news

posts that mention ZRO, from every exchangeSearch all news →
10-26 07:15AZverseListingnew market zro_usdt ($ZRO) seen by our collector
10-21 12:23OKXOtherZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-19 19:00RISExOtherThe Fed’s gone quiet. Oct 28 hike odds have already slipped to the 10 - 16% range So Big Tech's earnings and Friday’s flash PMIs will most likely carry the tape for this week On crypto: ZRO unlock alongside ZEC's NU7 decision Watch out for Wednesday and Friday @risextrade on X ↗
10-15 13:32RISExOtherHappy trading $GOOGL: $STRK: $ZRO: @risextrade on X ↗
10-15 13:32RISExListingThis week adds: $GOOGL, Google how to long it. (20x) $STRK, Startnet your L2 bags. (5x) $ZRO, Zero hops between chains. (5x) All three are live More next week. @risextrade on X ↗
10-15 07:23RISExListingnew market ZRO/USDC ($ZRO) seen by our collector