ZRO

Alert

Funding spread now, next payment 16:00 UTC+0.3839%/8h

next payment, per $10,000+$4.80paid, last 24h+1.010%paid, last 3 days+1.255%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ZRO	1.1962	0.0380	pay 0.0047% / 1h	7m 36s	$39.4M	$7.4M	5x
Short	GMX ZRO/USD [ETH-USDC]	1.1944	L +0.0382% / S −0.4219%	get 0.0527% / 1h	7m 36s	$6K	—	100x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersRate

Funding earned: $806.12
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $785.12
Break-even: 0.2 days

Slippage unknown: Hyperliquid: live order book, 7 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.150%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 7 min ago	1.26 bp	12.7 bp −$13	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 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_ZROUSD	−0.0491%	1h	$265K	$575K	25x	as long as short
Orderly PERP_ZRO_USDC	−0.0076%	4h	$21K	$7K	10x	as long as short
01 Exchange ZROUSD	−0.0072%	1h	$7K	$3K	5x	as long as short
dYdX ZRO-USD	+0.0004%	1h	$21K	$1K	5x	as long as short
OKX ZRO-USDT-SWAP	+0.0076%	4h	$3.3M	$8.2M	20x	as long as short
Lighter ZRO	+0.0096%	1h	$4.8M	$1.3M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	$134K	$107K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	$144K	$221K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	$22.8M	$34.7M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	$18.4M	$17.7M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ZRO_USDT	+0.0100%	4h	$1.4M	$2.2M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	$17.8M	$3.9M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	$2.4M	$1.3M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	$2.7M	$3.0M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	—	$9.0M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	$92K	$195K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	$2.4M	$823K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	$37K	$681K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	$83K	$831K	5x	as long as short
Extended ZRO-USD	+0.0104%	1h	$795K	$473K	10x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0105%	4h	$1.1M	$282K	75x	as long as short
Nado ZRO-PERP	+0.0291%	1h	$1.3M	$120K	5x	as long as short
Hyperliquid ZROlong	+0.0380%	1h	$39.4M	$7.4M	5x
GMX ZRO/USD [ETH-USDC]short	L +0.0382% / S −0.4219%	1h	$6K	—	100x
Injective ZRO/USDC PERP	+0.1142%	1h	$12K	$173K	12x	as long as short