Funding you earn now, next payment 06:00 UTC+0.2241%/8h= +245.4% APRpaid last 24h +0.837%
Price spread now: GMX against KuCoin+0.063%59s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$67 a day on $10k at the current rate, and GMX is 0.063% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1605 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $2.3M | $2.0M | 50x |
| Short | GMX ZRO/USD [ETH-USDC] | 1.1612 | L +0.0292% / S −0.2341% | get 0.0293% / 1h | 45m 21s | $3K | — | 100x |
KuCoin ZROUSDTM
GMX ZRO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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
- $470.65
- Price spread: +0.063% → 0.000%
- $6.31
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $452.96
- Costs to cover
- 0.240%
- Break-even
- 0.3 days
Slippage unknown: KuCoin: live order book, 6 min ago; GMX: 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 KuCoin live order book, 6 min ago | 7.28 bp | 43.4 bp −$43 | 137.4 bp −$1,374 | 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: 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 | 0.0000% | 1h | 1.1608 | +0.029% | $21K | $4K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0007% | 1h | 1.1607 | +0.017% | $93K | $218K | 20x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0059% | 4h | 1.1597 | −0.069% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1634 | +0.247% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1614 | +0.074% | $36.8M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1616 | +0.099% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1615 | +0.089% | $137K | $179K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1606 | +0.008% | $21.7M | $29.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1594 | −0.095% | $17.8M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1594 | −0.095% | $3.2M | $7.8M | 20x | as long as short |
dYdX ZRO-USD
Backpack ZRO_USDC_PERP
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1600 | −0.043% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1602 | −0.026% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1605 | long leg | $2.3M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1604 | −0.009% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1603 | −0.017% | — | $16.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1609 | +0.039% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1640 | +0.302% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1613 | +0.069% | $101K | $823K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1601 | −0.031% | $20K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0134% | 4h | 1.1640 | +0.302% | $1.0M | $248K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0168% | 1h | 1.1618 | +0.109% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0200% | 1h | 1.1610 | +0.043% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]short | L +0.0292% / S −0.2341% | 1h | 1.1612 | +0.063% | $3K | — | 100x | |
| Kraken Futures PF_ZROUSD | +0.0708% | 1h | 1.1618 | +0.113% | $253K | $338K | 25x | as long as short |
| Extended ZRO-USD | +0.0992% | 1h | 1.1610 | +0.047% | $796K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1700 | +0.819% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
01 Exchange ZROUSD
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP