Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.48 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against Orderly0.000%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 | Orderly PERP_ZRO_USDC | 1.1771 | 0.0003 | pay 0.0002% / 4h | 26m 45s | $21K | $7K | 10x |
| Short | Bitget ZROUSDT | 1.1771 | 0.0100 | get 0.0050% / 4h | 26m 45s | $2.7M | $2.4M | 75x |
Orderly PERP_ZRO_USDC
Bitget ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $20.35
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $2.35
- Costs to cover
- 0.180%
- Break-even
- 6.2 days
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 6 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 Bitget live order book, 6 min ago | 2.99 bp | 16.2 bp −$16 | 29.6 bp −$296 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0168% | 1h | 1.1753 | −0.151% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDClong | +0.0003% | 4h | 1.1771 | long leg | $21K | $7K | 10x | |
| Lighter ZRO | +0.0096% | 1h | 1.1782 | +0.094% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1777 | +0.051% | $37.3M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1771 | +0.004% | $157K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1757 | −0.120% | $136K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1773 | +0.017% | $22.1M | $31.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1762 | −0.076% | $17.9M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1775 | +0.034% | $3.2M | $8.3M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | −0.093% | $1.3M | $1.8M | 75x | as long as short |
01 Exchange ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1776 | +0.042% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1762 | −0.076% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.1771 | 0.000% | $2.7M | $2.4M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1764 | −0.059% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1782 | +0.093% | $100K | $207K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1733 | −0.322% | $2.3M | $878K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | −0.348% | $37K | $686K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1763 | −0.068% | $94K | $825K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1769 | −0.019% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0132% | 1h | 1.1787 | +0.139% | $253K | $434K | 25x | as long as short |
| dYdX ZRO-USD | +0.0143% | 1h | 1.1748 | −0.196% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0153% | 4h | 1.1770 | −0.008% | $1.1M | $256K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1772 | +0.006% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0344% | 1h | 1.1758 | −0.109% | $1.3M | $125K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1790 | +0.161% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.2016% | 1h | 1.1775 | +0.035% | $784K | $610K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Kraken Futures PF_ZROUSD
dYdX ZRO-USD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Injective ZRO/USDC PERP
Extended ZRO-USD