Funding you earn now, next payment 10:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.019%
Price spread now: Bitget against dYdX+0.366%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 +$3 a day on $10k at the current rate, and Bitget is 0.366% dearer against dYdX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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 | dYdX ZRO-USD | 1.1812 | 0 | get 0.0000% / 1h | 5m 41s | $21K | $5K | 5x |
| Short | Bitget ZROUSDT | 1.1855 | 0.0100 | get 0.0050% / 4h | 2h 05m | $2.7M | $2.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against dYdX. 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
- $21
- Price spread: +0.366% → 0.000%
- $36.59
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $35.59
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Bitget: live order book, 5 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 2.97 bp | 20.4 bp −$20 | 44.5 bp −$445 | doesn't fit | doesn't fit |
dYdX: 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 exchanges
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 | −0.0456% | 1h | 1.1848 | +0.311% | $4K | $5K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0315% | 1h | 1.1841 | +0.251% | $269K | $214K | 25x | as long as short |
| Bybit ZROUSDT | −0.0076% | 4h | 1.1845 | +0.281% | $18.1M | $11.9M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0016% | 4h | 1.1820 | +0.070% | $21K | $2K | 10x | as long as short |
| dYdX ZRO-USDlong | 0.0000% | 1h | 1.1812 | long leg | $21K | $5K | 5x | |
| OKX ZRO-USDT-SWAP | +0.0015% | 4h | 1.1851 | +0.332% | $3.2M | $7.5M | 20x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1871 | +0.499% | $4.4M | $1.1M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1812 | 0.000% | $1.3M | $120K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1865 | +0.451% | $37.5M | $5.0M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1856 | +0.374% | $160K | $124K | 10x | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ZRO | +0.0100% | 1h | 1.1853 | +0.349% | $137K | $147K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1852 | +0.340% | $22.1M | $27.0M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1850 | +0.324% | $1.3M | $1.2M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1855 | +0.366% | $9.5M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1858 | +0.391% | $2.3M | $2.3M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.1855 | +0.366% | $2.7M | $2.3M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1851 | +0.332% | — | $25.2M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1785 | −0.224% | $2.3M | $733K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1800 | −0.100% | $40K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1812 | +0.002% | $101K | $728K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1830 | +0.154% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0132% | 4h | 1.1812 | +0.002% | $1.0M | $145K | 75x | as long as short |
| Extended ZRO-USD | +0.0192% | 1h | 1.1851 | +0.332% | $807K | $650K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0220% | 1h | 1.1839 | +0.230% | $94K | $216K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1840 | +0.242% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.1068% | 1h | 1.1760 | −0.438% | $12K | $257K | 12x | as long as short |
Bitget ZROUSDT
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
Extended ZRO-USD
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP