ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0236%/8h= −25.8% APRnext payment −$0.29 per $10,000 · paid last 24h −0.121%

Price spread now: 01 Exchange against GMX+0.151%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on 01 Exchange

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. 01 Exchange is 0.151% dearer against GMX than usual: you sell high and buy low (spread +0.151% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ZRO/USD [ETH-USDC]	1.1662	L +0.0292% / S −0.2341%	pay 0.0036% / 1h	15m 40s	$3K	—	100x
Short	01 Exchange ZROUSD	1.1680	0.0056	get 0.0007% / 1h	15m 40s	$4K	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee 01 ExchangebpOrdersPrice spread, now +0.151%Rate

Funding earned: −$49.56
Price spread: +0.151% → 0.000%: $15.13
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$53.43
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

GMX and 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	+0.0032%	1h	1.1676	+0.120%	$21K	$5K	5x	as long as short
01 Exchange ZROUSDshort	+0.0056%	1h	1.1680	+0.151%	$4K	$5K	5x
Orderly PERP_ZRO_USDC	+0.0093%	4h	1.1667	+0.039%	$20K	$4K	10x	as long as short
Lighter ZRO	+0.0096%	1h	1.1690	+0.236%	$4.4M	$1.2M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1677	+0.125%	$37.0M	$5.4M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1673	+0.086%	$157K	$150K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1671	+0.073%	$137K	$171K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1667	+0.039%	$21.8M	$29.0M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1663	+0.005%	$17.9M	$13.3M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1665	+0.022%	$3.2M	$7.7M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZRO_USDT	+0.0100%	4h	1.1670	+0.065%	$1.3M	$1.4M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1664	+0.013%	$19.1M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1673	+0.090%	$2.4M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1658	−0.038%	$2.7M	$2.5M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1664	+0.013%	—	$16.5M	—	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1656	−0.051%	$2.3M	$795K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1690	+0.236%	$39K	$670K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1673	+0.090%	$99K	$817K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1663	+0.004%	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0136%	4h	1.1689	+0.228%	$1.0M	$202K	75x	as long as short
Backpack ZRO_USDC_PERP	+0.0238%	1h	1.1666	+0.030%	$95K	$218K	20x	as long as short
Nado ZRO-PERP	+0.0278%	1h	1.1671	+0.074%	$1.3M	$127K	5x	as long as short
GMX ZRO/USD [ETH-USDC]long	L +0.0292% / S −0.2341%	1h	1.1662	long leg	$3K	—	100x
Kraken Futures PF_ZROUSD	+0.0515%	1h	1.1677	+0.126%	$253K	$297K	25x	as long as short
Extended ZRO-USD	+0.0736%	1h	1.1665	+0.021%	$799K	$626K	10x	as long as short
Injective ZRO/USDC PERP	+0.1317%	1h	1.1740	+0.665%	$12K	$261K	12x	as long as short