Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.035%
Price spread now: BingX against Orderly−0.009%7-day average — · you buy dearer than you sell
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: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZRO_USDC | 1.1581 | 0.0064 | pay 0.0032% / 4h | 2h 30m | $20K | $4K | 10x |
| Short | BingX ZRO-USDT | 1.1580 | 0.0100 | get 0.0050% / 4h | 2h 30m | — | $16.5M | — |
Orderly PERP_ZRO_USDC
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- $7.57
- Price spread: −0.009% → 0.000%
- −$0.86
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$9.3
- Costs to cover
- 0.160%
- Break-even
- 15.6 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 8 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 8 min ago | 2.59 bp | 11.0 bp −$11 | 16.4 bp −$164 | 32.5 bp −$3,248 | 84.0 bp −$42.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0009% | 1h | 1.1576 | −0.041% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDClong | +0.0064% | 4h | 1.1581 | long leg | $20K | $4K | 10x | |
| Backpack ZRO_USDC_PERP | +0.0066% | 1h | 1.1568 | −0.112% | $93K | $218K | 20x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1604 | +0.198% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1589 | +0.070% | $36.8M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1584 | +0.025% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1571 | −0.083% | $136K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1584 | +0.026% | $21.7M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1575 | −0.052% | $17.7M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1584 | +0.026% | $3.2M | $7.7M | 20x | as long as short |
dYdX ZRO-USD
Backpack ZRO_USDC_PERP
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 | 1.1560 | −0.181% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1575 | −0.052% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1570 | −0.095% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1578 | −0.026% | $2.6M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1580 | −0.009% | — | $16.5M | — | |
| Variational Omni ZRO | +0.0100% | 4h | 1.1554 | −0.236% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1570 | −0.095% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1587 | +0.052% | $101K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1575 | −0.052% | $20K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0107% | 4h | 1.1569 | −0.104% | $1.0M | $247K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0120% | 1h | 1.1579 | −0.015% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0192% | 1h | 1.1580 | −0.006% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1584 | +0.030% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0710% | 1h | 1.1588 | +0.061% | $253K | $336K | 25x | as long as short |
| Extended ZRO-USD | +0.0888% | 1h | 1.1581 | +0.003% | $795K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1620 | +0.337% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP