Funding you earn now, next payment 22:00 UTC+0.0324%/8h= +35.5% APRpaid last 24h +0.051%
Price spread now: Binance against 01 Exchange+0.155%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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.155% dearer against 01 Exchange than usual: you sell high and buy low: +$16 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 | 01 Exchange ZROUSD | 1.1730 | −0.0224 | get 0.0028% / 1h | 50m 02s | $7K | $3K | 5x |
| Short | Binance ZROUSDT | 1.1748 | 0.0100 | get 0.0050% / 4h | 2h 50m | $22.2M | $34.4M | 75x |
01 Exchange ZROUSD
Binance ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against 01 Exchange. 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
- $68.04
- Price spread: +0.155% → 0.000%
- $15.52
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $66.56
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 7 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 0.43 bp | 13.8 bp −$14 | 35.3 bp −$353 | 220.3 bp −$22.0K | doesn't fit |
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 ZROUSDlong | −0.0224% | 1h | 1.1730 | long leg | $7K | $3K | 5x | |
| Bybit ZROUSDT | −0.0051% | 4h | 1.1742 | +0.104% | $18.0M | $16.3M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0039% | 4h | 1.1749 | +0.164% | $21K | $7K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0004% | 4h | 1.1750 | +0.172% | $3.2M | $9.2M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1747 | +0.151% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1758 | +0.243% | $4.6M | $1.2M | 5x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | −0.126% | $2.2M | $893K | — | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1764 | +0.292% | $37.4M | $7.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1755 | +0.214% | $157K | $162K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1747 | +0.145% | $143K | $201K | 5x | as long as short |
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
OKX ZRO-USDT-SWAP
dYdX ZRO-USD
Lighter ZRO
Variational Omni ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDTshort | +0.0100% | 4h | 1.1748 | +0.155% | $22.2M | $34.4M | 75x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | +0.087% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1743 | +0.113% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1741 | +0.095% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1741 | +0.095% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1744 | +0.121% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1753 | +0.198% | $92K | $209K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | +0.343% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1755 | +0.215% | $86K | $1.0M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1758 | +0.240% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0157% | 4h | 1.1738 | +0.070% | $1.1M | $264K | 75x | as long as short |
| Nado ZRO-PERP | +0.0227% | 1h | 1.1746 | +0.142% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1753 | +0.194% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0319% | 1h | 1.1750 | +0.171% | $249K | $575K | 25x | as long as short |
| Extended ZRO-USD | +0.0736% | 1h | 1.1744 | +0.117% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1790 | +0.513% | $12K | $145K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
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