Funding you earn now, next payment 11:00 UTC+0.1789%/8h= +195.9% APRnext payment +$2.24 per $10,000 · paid last 24h +0.621%
Price spread now: GMX against Extended+0.102%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
=Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and GMX is 0.102% dearer against Extended than usual: you sell high and buy low: +$10 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 | Extended ZRO-USD | 1.1711 | 0.0552 | pay 0.0069% / 1h | 6m 03s | $798K | $654K | 10x |
| Short | GMX ZRO/USD [ETH-USDC] | 1.1722 | L +0.0292% / S −0.2341% | get 0.0293% / 1h | 6m 03s | $3K | — | 100x |
Extended ZRO-USD
GMX ZRO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $375.73
- Price spread: +0.102% → 0.000%
- $10.16
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $368.89
- Costs to cover
- 0.170%
- Break-even
- 0.1 days
Slippage unknown: Extended: live order book, 40 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 Extended live order book, 40 min ago | 13.54 bp | doesn't fit | doesn't fit | doesn't fit | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZRO/USDC PERP | −0.0774% | 1h | 1.1760 | +0.423% | $12K | $257K | 12x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0534% | 1h | 1.1728 | +0.149% | $267K | $190K | 25x | as long as short |
| 01 Exchange ZROUSD | −0.0168% | 1h | 1.1722 | +0.099% | $4K | $5K | 5x | as long as short |
| Bybit ZROUSDT | −0.0115% | 4h | 1.1706 | −0.038% | $18.0M | $11.3M | 50x | as long as short |
| Variational Omni ZRO | −0.0047% | 4h | 1.1707 | −0.030% | $2.3M | $733K | — | as long as short |
| Orderly PERP_ZRO_USDC | −0.0034% | 4h | 1.1721 | +0.090% | $20K | $2K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1728 | +0.147% | $21K | $5K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0035% | 4h | 1.1718 | +0.064% | $3.2M | $7.3M | 20x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1735 | +0.207% | $4.4M | $1.1M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1718 | +0.064% | $1.3M | $121K | 5x | as long as short |
Injective ZRO/USDC PERP
Kraken Futures PF_ZROUSD
01 Exchange ZROUSD
Bybit ZROUSDT
Variational Omni ZRO
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
Lighter ZRO
Nado ZRO-PERPShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZRO | +0.0100% | 1h | 1.1734 | +0.201% | $37.1M | $5.0M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1730 | +0.165% | $158K | $118K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1719 | +0.076% | $135K | $140K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1715 | +0.035% | $21.9M | $26.0M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1720 | +0.081% | $1.3M | $1.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1718 | +0.064% | $9.4M | $2.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1730 | +0.167% | $2.2M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1713 | +0.021% | $2.8M | $2.3M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1715 | +0.038% | — | $25.0M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1721 | +0.090% | $93K | $219K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | +0.167% | $40K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1726 | +0.132% | $80K | $699K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1719 | +0.077% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0129% | 4h | 1.1725 | +0.124% | $1.0M | $139K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC]short | L +0.0292% / S −0.2341% | 1h | 1.1722 | +0.102% | $3K | — | 100x | |
| Extended ZRO-USDlong | +0.0552% | 1h | 1.1711 | long leg | $798K | $654K | 10x |
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT