Funding you earn now, next payment 04:00 UTC+0.2241%/8h= +245.4% APRpaid last 24h +0.900%
Price spread now: GMX against Binance−0.012%7-day average — · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$67 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1730 | 0.0100 | pay 0.0050% / 4h | 16m 16s | $22.0M | $29.9M | 75x |
| Short | GMX ZRO/USD [ETH-USDC] | 1.1729 | L +0.0293% / S −0.2341% | get 0.0293% / 1h | 16m 16s | $3K | — | 100x |
Binance ZROUSDT
GMX ZRO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- $470.65
- Price spread: −0.012% → 0.000%
- −$1.17
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $447.48
- Costs to cover
- 0.220%
- Break-even
- 0.3 days
Slippage unknown: Binance: live order book, 10 min ago; GMX: 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 Binance live order book, 10 min ago | 1.70 bp | 13.4 bp −$13 | 33.0 bp −$330 | 344.7 bp −$34.5K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0026% | 1h | 1.1737 | +0.062% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1729 | −0.008% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1750 | +0.172% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1748 | +0.152% | $159K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1740 | +0.086% | $136K | $179K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1730 | long leg | $22.0M | $29.9M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1727 | −0.025% | $18.0M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1732 | +0.018% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1730 | +0.001% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1732 | +0.018% | $19.2M | $2.7M | 125x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1725 | −0.042% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1728 | −0.016% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1730 | +0.001% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1741 | +0.095% | $98K | $218K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1699 | −0.265% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1720 | −0.084% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1743 | +0.112% | $100K | $851K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1728 | −0.017% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0110% | 4h | 1.1745 | +0.129% | $1.1M | $250K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0112% | 1h | 1.1746 | +0.135% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0192% | 1h | 1.1736 | +0.049% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]short | L +0.0293% / S −0.2341% | 1h | 1.1729 | −0.012% | $3K | — | 100x | |
| Hyperliquid ZRO | +0.0320% | 1h | 1.1750 | +0.171% | $37.2M | $5.5M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0379% | 1h | 1.1740 | +0.089% | $258K | $398K | 25x | as long as short |
| Extended ZRO-USD | +0.1176% | 1h | 1.1725 | −0.042% | $784K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1780 | +0.427% | $12K | $260K | 12x | as long as short |
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
01 Exchange ZROUSD
Nado ZRO-PERP
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP