Funding you earn now, next payment 01:00 UTC+0.0304%/8h= +33.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.049%
Price spread now: dYdX against 01 Exchange+0.041%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 +$9 a day on $10k at the current rate, and dYdX is 0.041% dearer against 01 Exchange than usual: you sell high and buy low: +$4 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 | 1.1851 | −0.0096 | get 0.0012% / 1h | 12m 01s | $7K | $3K | 5x |
| Short | dYdX ZRO-USD | 1.1856 | 0.0208 | get 0.0026% / 1h | 12m 01s | $21K | $3K | 5x |
01 Exchange ZROUSD
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $63.92
- Price spread: +0.041% → 0.000%
- $4.14
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $51.06
- Costs to cover
- 0.170%
- Break-even
- 1.4 days
Slippage unknown: 01 Exchange: no order-book sample; dYdX: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
01 Exchange and dYdX: 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 | −0.0096% | 1h | 1.1851 | long leg | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1872 | +0.180% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1882 | +0.262% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1875 | +0.205% | $37.6M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1870 | +0.164% | $159K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1858 | +0.058% | $137K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1859 | +0.071% | $22.3M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1858 | +0.062% | $18.1M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1851 | +0.003% | $3.2M | $8.1M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1860 | +0.078% | $1.4M | $1.5M | 75x | as long as short |
Orderly PERP_ZRO_USDC
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 | 1.1862 | +0.095% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1871 | +0.171% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1866 | +0.129% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1862 | +0.095% | — | $15.8M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1818 | −0.275% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.006% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1869 | +0.154% | $92K | $824K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1865 | +0.121% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0114% | 4h | 1.1851 | +0.003% | $1.1M | $255K | 75x | as long as short |
| dYdX ZRO-USDshort | +0.0208% | 1h | 1.1856 | +0.041% | $21K | $3K | 5x | |
| Nado ZRO-PERP | +0.0289% | 1h | 1.1861 | +0.088% | $1.4M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1872 | +0.177% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0299% | 1h | 1.1882 | +0.266% | $255K | $409K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0435% | 1h | 1.1874 | +0.197% | $98K | $207K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1910 | +0.500% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1232% | 1h | 1.1863 | +0.102% | $788K | $602K | 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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD