Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.039%
Price spread now: OKX against ApeX Omni−0.289%110s7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)−0.257%−$26 · spread now −0.289%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.240% cheaper against ApeX Omni than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.049%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZROUSDT | 1.1750 | 0.0100 | pay 0.0013% / 1h | 17m 36s | $39K | $674K | 50x |
| Short | OKX ZRO-USDT-SWAP | 1.1716 | 0.0100 | get 0.0050% / 4h | 2h 17m | $3.2M | $8.0M | 20x |
ApeX Omni ZROUSDT
OKX ZRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against ApeX Omni. 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
- $0
- Price spread: −0.289% → −0.049%
- −$24.02
- Slippage, 4 orders
- −$47.4
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$91.41
- Costs to cover
- 0.674%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 51 min ago; OKX: live order book, 5 min ago.
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 ApeX Omni live order book, 51 min ago | 8.44 bp | 17.9 bp −$18 | 110.4 bp −$1,104 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.13 bp | 15.3 bp −$15 | 115.8 bp −$1,158 | doesn't fit | doesn't fit |
ZRO on 25 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 ZROUSD | −0.0232% | 1h | 1.1707 | −0.369% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0057% | 4h | 1.1699 | −0.434% | $18.0M | $13.9M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1718 | −0.271% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDT | +0.0014% | 4h | 1.1720 | −0.255% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0025% | 4h | 1.1731 | −0.162% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1734 | −0.134% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1736 | −0.119% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1733 | −0.142% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1718 | −0.269% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1712 | −0.323% | $21.9M | $29.8M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
dYdX ZRO-USD
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1716 | −0.289% | $3.2M | $8.0M | 20x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1714 | −0.306% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1739 | −0.094% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1720 | −0.255% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1710 | −0.340% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1729 | −0.179% | $97K | $212K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1727 | −0.197% | $2.3M | $816K | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1750 | long leg | $39K | $674K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1734 | −0.136% | $92K | $839K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1730 | −0.170% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0206% | 1h | 1.1730 | −0.170% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1737 | −0.109% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0370% | 1h | 1.1750 | −0.001% | $252K | $403K | 25x | as long as short |
| Extended ZRO-USD | +0.0896% | 1h | 1.1709 | −0.345% | $784K | $592K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1790 | +0.340% | $12K | $260K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP