Funding you earn now, next payment 22:00 UTC+0.0500%/8h= +54.8% APRpaid last 24h +0.051%
Price spread now: Bitget against 01 Exchange+0.283%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 +$15 a day on $10k at the current rate, and Bitget is 0.283% dearer against 01 Exchange than usual: you sell high and buy low: +$28 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 | 1.1838 | −0.0400 | get 0.0050% / 1h | 14m 55s | $7K | $3K | 5x |
| Short | Bitget ZROUSDT | 1.1871 | 0.0100 | get 0.0050% / 4h | 2h 14m | $2.7M | $2.5M | 75x |
01 Exchange ZROUSD
Bitget ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $105
- Price spread: +0.283% → 0.000%
- $28.3
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $114.3
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 2.95 bp | 19.4 bp −$19 | 43.3 bp −$433 | doesn't fit | 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 | −0.0400% | 1h | 1.1838 | long leg | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | −0.0048% | 4h | 1.1873 | +0.300% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0046% | 1h | 1.1860 | +0.194% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0087% | 4h | 1.1868 | +0.258% | $1.1M | $266K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1878 | +0.344% | $4.6M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1887 | +0.418% | $37.7M | $6.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1879 | +0.350% | $159K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1853 | +0.132% | $143K | $193K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1874 | +0.310% | $22.4M | $33.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1858 | +0.173% | $18.2M | $15.6M | 50x | as long as short |
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1866 | +0.241% | $3.2M | $9.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1870 | +0.275% | $1.4M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1877 | +0.334% | $19.2M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1882 | +0.376% | $3.0M | $1.8M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.1871 | +0.283% | $2.7M | $2.5M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1877 | +0.334% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1881 | +0.367% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1844 | +0.059% | $2.3M | $861K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1860 | +0.190% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1864 | +0.224% | $87K | $920K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1870 | +0.275% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0158% | 1h | 1.1866 | +0.244% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1883 | +0.381% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0315% | 1h | 1.1889 | +0.431% | $252K | $571K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1900 | +0.528% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.1864% | 1h | 1.1866 | +0.243% | $784K | $555K | 10x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
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
Injective ZRO/USDC PERP
Extended ZRO-USD