Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Binance+0.023%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now +0.023%, 7d avg +0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1701 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $21.9M | $29.9M | 75x |
| Short | OKX ZRO-USDT-SWAP | 1.1704 | 0.0100 | get 0.0050% / 4h | 1h 28m | $3.2M | $8.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.023% → +0.011%
- $1.15
- Slippage, 4 orders
- −$47.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.16
- Costs to cover
- 0.673%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; OKX: live order book, 4 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 Binance live order book, 13 min ago | 1.71 bp | 12.6 bp −$13 | 33.0 bp −$330 | 335.8 bp −$33.6K | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.43 bp | 21.8 bp −$22 | 90.6 bp −$906 | doesn't fit | doesn't fit |
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 ZROUSD | −0.0440% | 1h | 1.1716 | +0.124% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1711 | +0.083% | $21K | $3K | 5x | as long as short |
| Bybit ZROUSDT | +0.0034% | 4h | 1.1692 | −0.080% | $17.8M | $14.0M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1714 | +0.108% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0055% | 4h | 1.1705 | +0.031% | $1.1M | $249K | 75x | as long as short |
| Gate ZRO_USDT | +0.0058% | 4h | 1.1700 | −0.011% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1732 | +0.266% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1731 | +0.253% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1720 | +0.161% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1715 | +0.118% | $136K | $176K | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1701 | long leg | $21.9M | $29.9M | 75x | |
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1704 | +0.023% | $3.2M | $8.0M | 20x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1700 | −0.011% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1718 | +0.142% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1697 | −0.037% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1705 | +0.031% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1715 | +0.117% | $95K | $195K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1727 | +0.220% | $2.3M | $811K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1740 | +0.330% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1720 | +0.159% | $100K | $849K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1710 | +0.074% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0194% | 1h | 1.1716 | +0.128% | $1.3M | $127K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0198% | 1h | 1.1727 | +0.218% | $258K | $407K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1719 | +0.152% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0600% | 1h | 1.1700 | −0.009% | $784K | $591K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1760 | +0.501% | $12K | $260K | 12x | as long as short |
Binance ZROUSDT
OKX ZRO-USDT-SWAP
01 Exchange ZROUSD
Bybit ZROUSDT
BloFin ZRO-USDT
Gate ZRO_USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Kraken Futures PF_ZROUSD
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP