Funding you earn now, next payment 21:00 UTC−0.0241%/8h= −26.4% APRpaid last 24h −0.063%
Price spread now: BloFin against GMX−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.067% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZRO/USD [ETH-USDC] | 1.1845 | L +0.0291% / S −0.2341% | pay 0.0036% / 1h | 31m 12s | $3K | — | 100x |
| Short | BloFin ZRO-USDT | 1.1837 | 0.0050 | get 0.0025% / 4h | 3h 31m | $1.1M | $267K | 75x |
GMX ZRO/USD [ETH-USDC]
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$50.62
- Price spread: −0.067% → 0.000%
- −$6.69
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$81.3
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 2 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 1.27 bp | 16.0 bp −$16 | 36.3 bp −$363 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | −0.0186% | 4h | 1.1846 | +0.009% | $3.3M | $9.5M | 20x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0083% | 1h | 1.1852 | +0.056% | $248K | $579K | 25x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0031% | 4h | 1.1846 | +0.009% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0034% | 1h | 1.1851 | +0.052% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDTshort | +0.0050% | 4h | 1.1837 | −0.067% | $1.1M | $267K | 75x | |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1861 | +0.136% | $37.7M | $7.8M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1862 | +0.145% | $159K | $165K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1841 | −0.031% | $144K | $210K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1842 | −0.021% | $22.4M | $35.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1832 | −0.109% | $18.2M | $16.8M | 50x | as long as short |
OKX ZRO-USDT-SWAP
Kraken Futures PF_ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1840 | −0.042% | $1.3M | $2.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1843 | −0.016% | $18.4M | $3.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1847 | +0.018% | $2.5M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1838 | −0.058% | $2.7M | $2.7M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1844 | −0.008% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1850 | +0.043% | $91K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1785 | −0.504% | $2.2M | $897K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1800 | −0.379% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1851 | +0.051% | $83K | $1.0M | 5x | as long as short |
| Extended ZRO-USD | +0.0104% | 1h | 1.1838 | −0.056% | $784K | $561K | 10x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1862 | +0.147% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0176% | 1h | 1.1851 | +0.048% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0232% | 1h | 1.1836 | −0.079% | $1.3M | $134K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]long | L +0.0291% / S −0.2341% | 1h | 1.1845 | long leg | $3K | — | 100x | |
| Lighter ZRO | +0.0928% | 1h | 1.1875 | +0.252% | $4.8M | $1.1M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1022% | 1h | 1.1890 | +0.381% | $12K | $121K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Extended ZRO-USD
Aevo ZRO-PERP
01 Exchange ZROUSD
Nado ZRO-PERP
Lighter ZRO
Injective ZRO/USDC PERP