Funding you earn now, next payment 03:00 UTC+0.2241%/8h= +245.4% APRpaid last 24h +0.931%
Price spread now: GMX against MEXC+0.050%7-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 0.050% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1687 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $19.0M | $2.7M | 125x |
| Short | GMX ZRO/USD [ETH-USDC] | 1.1693 | L +0.0292% / S −0.2341% | get 0.0293% / 1h | 27m 46s | $3K | — | 100x |
MEXC ZRO_USDT
GMX ZRO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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: +0.050% → 0.000%
- $5.04
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $463.69
- Costs to cover
- 0.120%
- Break-even
- 0.1 days
Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 0.86 bp | 6.3 bp −$6 | 45.3 bp −$453 | 82.7 bp −$8,272 | 381.1 bp −$190.5K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0432% | 1h | 1.1678 | −0.078% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1698 | +0.090% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1685 | −0.017% | $20K | $5K | 10x | as long as short |
| Bybit ZROUSDT | +0.0040% | 4h | 1.1674 | −0.111% | $17.8M | $14.0M | 50x | as long as short |
| BloFin ZRO-USDT | +0.0055% | 4h | 1.1705 | +0.154% | $1.1M | $249K | 75x | as long as short |
| Gate ZRO_USDT | +0.0062% | 4h | 1.1680 | −0.060% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1704 | +0.144% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1703 | +0.137% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1703 | +0.135% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1693 | +0.051% | $136K | $176K | 5x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Bybit ZROUSDT
BloFin ZRO-USDT
Gate ZRO_USDT
Lighter 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 | 1.1680 | −0.060% | $21.8M | $29.9M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1688 | +0.009% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1687 | long leg | $19.0M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1698 | +0.094% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1678 | −0.077% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1684 | −0.026% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1692 | +0.043% | $94K | $195K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1727 | +0.343% | $2.3M | $811K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1740 | +0.453% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1690 | +0.026% | $99K | $849K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1681 | −0.052% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0198% | 1h | 1.1683 | −0.036% | $1.3M | $125K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0198% | 1h | 1.1699 | +0.105% | $257K | $407K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC]short | L +0.0292% / S −0.2341% | 1h | 1.1693 | +0.050% | $3K | — | 100x | |
| Extended ZRO-USD | +0.0600% | 1h | 1.1686 | −0.007% | $784K | $591K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1760 | +0.625% | $12K | $260K | 12x | as long as short |
Binance ZROUSDT
OKX ZRO-USDT-SWAP
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP