Funding you earn now, next payment 06:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h −0.067%
Price spread now: 01 Exchange against BloFin−0.028%98s7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: 01 Exchange is 0.028% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 98 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 | BloFin ZRO-USDT | 1.1750 | 0.0131 | pay 0.0066% / 4h | 2h 03m | $1.0M | $254K | 75x |
| Short | 01 Exchange ZROUSD | 1.1747 | 0.0136 | get 0.0017% / 1h | 3m 18s | $4K | $5K | 5x |
BloFin ZRO-USDT
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against BloFin. 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
- $1.03
- Price spread: −0.028% → 0.000%
- −$2.81
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$20.78
- Costs to cover
- 0.190%
- Break-even
- 148.1 days
Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 0.85 bp | 13.8 bp −$14 | 26.6 bp −$266 | doesn't fit | 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 | +0.0007% | 1h | 1.1748 | −0.018% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0071% | 4h | 1.1738 | −0.102% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1764 | +0.122% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1754 | +0.034% | $37.3M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1747 | −0.025% | $159K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1746 | −0.037% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1738 | −0.105% | $21.9M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1736 | −0.119% | $18.0M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1735 | −0.128% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1730 | −0.170% | $1.3M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
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 | 1.1740 | −0.085% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1738 | −0.102% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1733 | −0.145% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1743 | −0.060% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1749 | −0.009% | $97K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1743 | −0.060% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | 0.000% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1745 | −0.043% | $99K | $821K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1732 | −0.150% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDTlong | +0.0131% | 4h | 1.1750 | long leg | $1.0M | $254K | 75x | |
| 01 Exchange ZROUSDshort | +0.0136% | 1h | 1.1747 | −0.028% | $4K | $5K | 5x | |
| Nado ZRO-PERP | +0.0149% | 1h | 1.1747 | −0.028% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1737 | −0.114% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0701% | 1h | 1.1742 | −0.071% | $254K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0848% | 1h | 1.1737 | −0.108% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1790 | +0.340% | $12K | $261K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
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