ZRO

Alert

Funding spread now, next payment 17:00 UTC−0.0483%/8h

next payment, per $10,000−$0.60paid, last 24h−0.061%paid, last 3 days−0.256%to open and closeno order book

Long on Hyperliquid Short on 01 Exchange

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ZRO	1.1858	0.0723	pay 0.0090% / 1h	20m 26s	$39.0M	$7.4M	5x
Short	01 Exchange ZROUSD	1.1840	0.0240	get 0.0030% / 1h	20m 26s	$7K	$3K	5x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee 01 ExchangebpOrdersRate

Funding earned: −$101.4
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$117.4
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.151%
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, 4 min ago	2.94 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_ZROUSD	−0.0157%	1h	$263K	$572K	25x	as long as short
Orderly PERP_ZRO_USDC	−0.0058%	4h	$21K	$7K	10x	as long as short
Bybit ZROUSDT	0.0000%	4h	$18.3M	$17.6M	50x	as long as short
dYdX ZRO-USD	+0.0061%	1h	$21K	$1K	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	$159K	$151K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	$143K	$219K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	$22.7M	$34.5M	75x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	$3.2M	$8.0M	20x	as long as short
Gate ZRO_USDT	+0.0100%	4h	$1.4M	$2.1M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	$17.8M	$3.9M	125x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin ZROUSDTM	+0.0100%	4h	$2.4M	$1.3M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	$2.7M	$2.8M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	—	$8.9M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	$91K	$199K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	$2.3M	$903K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	$37K	$681K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	$82K	$861K	5x	as long as short
Extended ZRO-USD	+0.0104%	1h	$791K	$474K	10x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0107%	4h	$1.1M	$277K	75x	as long as short
01 Exchange ZROUSDshort	+0.0240%	1h	$7K	$3K	5x
GMX ZRO/USD [ETH-USDC]	L +0.0283% / S −0.2124%	1h	$3K	—	100x	as long as short
Lighter ZRO	+0.0304%	1h	$4.8M	$1.3M	5x	as long as short
Nado ZRO-PERP	+0.0362%	1h	$1.3M	$119K	5x	as long as short
Injective ZRO/USDC PERP	+0.0456%	1h	$12K	$147K	12x	as long as short
Hyperliquid ZROlong	+0.0723%	1h	$39.0M	$7.4M	5x