Funding you earn now, next payment 11:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against OKX+0.289%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$760.762% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.289%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.238% dearer against OKX than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRO-USDT-SWAP | 1.1776 | −0.0002 | get 0.0001% / 4h | 1h 47m | $3.2M | $7.4M | 20x |
| Short | ApeX Omni ZROUSDT | 1.1810 | 0.0100 | get 0.0013% / 1h | 47m 11s | $40K | $670K | 50x |
OKX ZRO-USDT-SWAP
ApeX Omni ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- $21.41
- Price spread: +0.289% → +0.051%
- $23.79
- Slippage, 4 orders
- −$56.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$31.02
- Costs to cover
- 0.762%
- Break-even
- 17.1 days
Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 64 min ago.
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 OKX live order book, 4 min ago | 2.54 bp | 16.1 bp −$16 | 84.4 bp −$844 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 64 min ago | 12.73 bp | 23.3 bp −$23 | 123.3 bp −$1,233 | doesn't fit | doesn't fit |
ZRO on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZRO/USDC PERP | −0.0774% | 1h | 1.1760 | −0.136% | $12K | $257K | 12x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0531% | 1h | 1.1784 | +0.071% | $268K | $211K | 25x | as long as short |
| 01 Exchange ZROUSD | −0.0120% | 1h | 1.1775 | −0.011% | $4K | $5K | 5x | as long as short |
| Bybit ZROUSDT | −0.0084% | 4h | 1.1772 | −0.034% | $18.0M | $11.7M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0023% | 4h | 1.1780 | +0.034% | $20K | $2K | 10x | as long as short |
| OKX ZRO-USDT-SWAPlong | −0.0002% | 4h | 1.1776 | long leg | $3.2M | $7.4M | 20x | |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1792 | +0.140% | $21K | $5K | 5x | as long as short |
| Variational Omni ZRO | +0.0083% | 4h | 1.1785 | +0.081% | $2.3M | $732K | — | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1797 | +0.178% | $4.4M | $1.1M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1798 | +0.187% | $37.3M | $5.0M | 5x | as long as short |
Injective ZRO/USDC PERP
Kraken Futures PF_ZROUSD
01 Exchange ZROUSD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Variational Omni ZRO
Lighter ZRO
Hyperliquid ZROShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZROUSDT | +0.0100% | 4h | 1.1789 | +0.113% | $159K | $124K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1790 | +0.122% | $136K | $142K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1780 | +0.034% | $22.0M | $26.7M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | +0.034% | $1.3M | $1.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1778 | +0.017% | $9.5M | $2.4M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1786 | +0.085% | $2.3M | $2.3M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1790 | +0.119% | $2.8M | $2.3M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1782 | +0.051% | — | $25.2M | — | as long as short |
| ApeX Omni ZROUSDTshort | +0.0100% | 1h | 1.1810 | +0.289% | $40K | $670K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1787 | +0.093% | $100K | $729K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1780 | +0.034% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0142% | 4h | 1.1783 | +0.059% | $1.0M | $142K | 75x | as long as short |
| Nado ZRO-PERP | +0.0193% | 1h | 1.1782 | +0.050% | $1.3M | $121K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1783 | +0.062% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0424% | 1h | 1.1779 | +0.025% | $802K | $654K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0516% | 1h | 1.1789 | +0.110% | $93K | $215K | 20x | as long as short |
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP