Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.063%
Price spread now: 01 Exchange against Binance+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$2 a day on $10k at the current rate, and 01 Exchange is 0.063% dearer against Binance than usual: you sell high and buy low: +$6 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 | Binance ZROUSDT | 1.1660 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $21.8M | $29.6M | 75x |
| Short | 01 Exchange ZROUSD | 1.1668 | 0.0168 | get 0.0021% / 1h | 49m 18s | $7K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $14.28
- Price spread: +0.063% → 0.000%
- $6.33
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $3.61
- Costs to cover
- 0.170%
- Break-even
- 5.2 days
Slippage unknown: Binance: live order book, 7 min ago; 01 Exchange: 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, 7 min ago | 1.29 bp | 15.8 bp −$16 | 38.4 bp −$384 | 330.8 bp −$33.1K | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | 0.0000% | 1h | 1.1652 | −0.072% | $21K | $4K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0030% | 1h | 1.1655 | −0.046% | $94K | $219K | 20x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0059% | 4h | 1.1662 | +0.014% | $20K | $4K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0078% | 4h | 1.1666 | +0.049% | $1.1M | $248K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1681 | +0.176% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1673 | +0.109% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1666 | +0.052% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1657 | −0.030% | $137K | $179K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1660 | long leg | $21.8M | $29.6M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1653 | −0.063% | $17.9M | $13.7M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1670 | +0.083% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1660 | −0.003% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1660 | −0.003% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1652 | −0.071% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1662 | +0.014% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1659 | −0.011% | — | $16.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1669 | +0.078% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | +0.169% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1672 | +0.100% | $99K | $820K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1660 | −0.003% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSDshort | +0.0168% | 1h | 1.1668 | +0.063% | $7K | $3K | 5x | |
| Nado ZRO-PERP | +0.0200% | 1h | 1.1663 | +0.023% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1663 | +0.020% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0705% | 1h | 1.1671 | +0.094% | $255K | $355K | 25x | as long as short |
| Extended ZRO-USD | +0.1008% | 1h | 1.1665 | +0.044% | $800K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1700 | +0.340% | $12K | $260K | 12x | as long as short |
Binance ZROUSDT
01 Exchange ZROUSD
Backpack ZRO_USDC_PERP
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP