Funding you earn now, next payment 04:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.44 per $10,000 · paid last 24h −0.039%
Price spread now: Orderly against MEXC+0.017%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1760 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $19.1M | $2.7M | 125x |
| Short | Orderly PERP_ZRO_USDC | 1.1762 | 0.0012 | get 0.0006% / 4h | 3h 52m | $21K | $7K | 10x |
MEXC ZRO_USDT
Orderly PERP_ZRO_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$18.38
- Price spread: +0.017% → 0.000%
- $1.7
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$22.68
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 6 min ago; Orderly: 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, 6 min ago | 0.42 bp | 7.7 bp −$8 | 27.1 bp −$271 | 55.4 bp −$5,537 | 164.1 bp −$82.0K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZROUSDT | −0.0347% | 1h | 1.1790 | +0.255% | $37K | $687K | 50x | as long as short |
| Gate ZRO_USDT | −0.0196% | 4h | 1.1740 | −0.170% | $1.3M | $1.5M | 75x | as long as short |
| 01 Exchange ZROUSD | −0.0192% | 1h | 1.1784 | +0.202% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | +0.0002% | 1h | 1.1782 | +0.189% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDCshort | +0.0012% | 4h | 1.1762 | +0.017% | $21K | $7K | 10x | |
| BloFin ZRO-USDT | +0.0067% | 4h | 1.1771 | +0.094% | $1.1M | $256K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1766 | +0.054% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1759 | −0.009% | $37.2M | $5.9M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1766 | +0.048% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1776 | +0.136% | $136K | $172K | 5x | as long as short |
ApeX Omni ZROUSDT
Gate ZRO_USDT
01 Exchange ZROUSD
dYdX ZRO-USD
BloFin 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 | 1.1758 | −0.017% | $22.1M | $30.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1752 | −0.068% | $17.9M | $14.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1755 | −0.043% | $3.2M | $8.1M | 20x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1760 | long leg | $19.1M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1747 | −0.111% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1748 | −0.102% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1750 | −0.085% | — | $10.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1797 | +0.318% | $2.3M | $876K | — | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1784 | +0.204% | $91K | $830K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1768 | +0.071% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0214% | 1h | 1.1778 | +0.152% | $1.3M | $123K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1782 | +0.187% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0302% | 1h | 1.1767 | +0.057% | $252K | $412K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0478% | 1h | 1.1763 | +0.026% | $99K | $205K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1830 | +0.595% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1504% | 1h | 1.1761 | +0.006% | $784K | $589K | 10x | as long as short |
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD