Funding you earn now, next payment 20:00 UTC−0.0192%/8hpaid last 24h −0.075%
Price spread now: KuCoin against GMX−0.148%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 −$6 a day on $10k at the current rate, and KuCoin is 0.148% cheaper against GMX than usual: you would sell low and buy high (−$15 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] | 1.1877 | L +0.0292% / S −0.2341% | pay 0.0037% / 1h | 23m 30s | $3K | — | 100x |
| Short | KuCoin ZROUSDTM | 1.1859 | 0.0100 | get 0.0050% / 4h | 23m 30s | $2.6M | $1.5M | 50x |
GMX ZRO/USD [ETH-USDC]
KuCoin ZROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$40.42
- Price spread: −0.148% → 0.000%
- −$14.81
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$79.23
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago | 4.26 bp | 40.5 bp −$40 | 118.8 bp −$1,188 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0304% | 1h | 1.1818 | −0.497% | $7K | $3K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0252% | 4h | 1.1820 | −0.476% | $3.2M | $9.1M | 20x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0162% | 1h | 1.1860 | −0.138% | $254K | $583K | 25x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0015% | 4h | 1.1860 | −0.140% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0001% | 1h | 1.1853 | −0.202% | $21K | $2K | 5x | as long as short |
| Bybit ZROUSDT | +0.0004% | 4h | 1.1814 | −0.527% | $18.1M | $17.1M | 50x | as long as short |
| Variational Omni ZRO | +0.0017% | 4h | 1.1836 | −0.338% | $2.3M | $901K | — | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1871 | −0.047% | $37.7M | $8.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1876 | −0.007% | $159K | $166K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1848 | −0.241% | $142K | $212K | 5x | as long as short |
01 Exchange ZROUSD
OKX ZRO-USDT-SWAP
Kraken Futures PF_ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Bybit ZROUSDT
Variational Omni ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1819 | −0.481% | $22.4M | $36.1M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1850 | −0.224% | $1.3M | $2.2M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1847 | −0.249% | $18.2M | $3.8M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1859 | −0.148% | $2.6M | $1.5M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1824 | −0.443% | $2.7M | $2.7M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1846 | −0.258% | — | $11.0M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1855 | −0.182% | $93K | $207K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.224% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1834 | −0.359% | $79K | $1.0M | 5x | as long as short |
| Extended ZRO-USD | +0.0104% | 1h | 1.1838 | −0.321% | $784K | $565K | 10x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1836 | −0.343% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0104% | 4h | 1.1864 | −0.106% | $1.1M | $275K | 75x | as long as short |
| Lighter ZRO | +0.0240% | 1h | 1.1891 | +0.126% | $4.8M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0290% | 1h | 1.1853 | −0.201% | $1.3M | $134K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]long | L +0.0292% / S −0.2341% | 1h | 1.1877 | long leg | $3K | — | 100x | |
| Injective ZRO/USDC PERP | +0.1041% | 1h | 1.1910 | +0.281% | $12K | $145K | 12x | as long as short |
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Extended ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Lighter ZRO
Nado ZRO-PERP
Injective ZRO/USDC PERP