ZRO

Alert

Funding spread now, next payment 13:00 UTC+0.0852%/8h

paid, last 24h+0.066%paid, last 7 days+0.344%to open and close $10k−$41

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.344% in total (about 18.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZRO_USDT	1.2217	0.0100	pay 0.0050% / 4h	3h 29m	$16.6M	$3.2M	125x
Short	Lighter ZRO	1.2251	0.0952	get 0.0119% / 1h	29m 56s	$5.1M	$849K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee LighterbpOrdersRate

Funding earned: $178.92
Slippage, 4 orders: −$41.06
Fee MEXC: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $137.86
Break-even: 1.6 days

Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 5 min ago.

Price risk

price view

Price gap now: +0.277%
Avg gap 7d: +0.146%

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 MEXC live order book, 5 min ago	2.04 bp	5.1 bp −$5	21.3 bp −$213	81.5 bp −$8,154	413.3 bp −$206.7K
Sell Lighter live order book, 5 min ago	6.08 bp	11.7 bp −$12	73.3 bp −$733	doesn't fit	doesn't fit

ZRO on 26 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_ZRO_USDC	−0.0041%	4h	$21K	$6K	10x	as long as short
OKX ZRO-USDT-SWAP	−0.0033%	4h	$3.3M	$7.7M	20x	as long as short
Injective ZRO/USDC PERP	+0.0033%	1h	$3K	$166K	12x	as long as short
dYdX ZRO-USD	+0.0043%	1h	$22K	$79	5x	as long as short
Kraken Futures PF_ZROUSD	+0.0067%	1h	$275K	$536K	25x	as long as short
Nado ZRO-PERP	+0.0100%	1h	$1.3M	$77K	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	$139K	$88K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	$152K	$187K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	$23.8M	$30.1M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	$19.1M	$15.6M	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	$1.8M	75x	as long as short
MEXC ZRO_USDTlong	+0.0100%	4h	$16.6M	$3.2M	125x
KuCoin ZROUSDTM	+0.0100%	4h	$2.6M	$1.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	$2.8M	$2.8M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	—	$8.5M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	$87K	$163K	20x	as long as short
Variational Omni ZRO	+0.0100%	4h	$2.6M	$466K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	$39K	$669K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	$88K	$808K	5x	as long as short
Extended ZRO-USD	+0.0104%	1h	$825K	$125K	10x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	$22K	—	3x	as long as short
BloFin ZRO-USDT	+0.0105%	4h	$1.1M	$296K	75x	as long as short
01 Exchange ZROUSD	+0.0168%	1h	$10K	$75	5x	as long as short
Hyperliquid ZRO	+0.0214%	1h	$40.7M	$6.1M	5x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0411% / S −0.4670%	1h	$6K	—	100x	as long as short
Lighter ZROshort	+0.0952%	1h	$5.1M	$849K	5x