ZRO

Alert

Funding spread now, next payment 19:00 UTC+0.0086%/8h

paid, last 24h+0.110%paid, last 5 days+0.468%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ZRO_USDC	1.1829	0.0010	pay 0.0005% / 4h	1h 12m	$21K	$7K	10x
Short	Lighter ZRO	1.1860	0.0096	get 0.0012% / 1h	12m 04s	$4.8M	$1.3M	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee LighterbpOrdersRate

Funding earned: $18.01
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $12.01
Break-even: 2.3 days

Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 7 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.265%
Avg gap 7d: —

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 Orderly no order-book sample	—	—	—	—	—
Sell Lighter live order book, 7 min ago	14.74 bp	16.3 bp −$16	74.0 bp −$740	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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
01 Exchange ZROUSD	−0.0472%	1h	$7K	$3K	5x	as long as short
OKX ZRO-USDT-SWAP	−0.0259%	4h	$3.2M	$8.2M	20x	as long as short
Kraken Futures PF_ZROUSD	−0.0210%	1h	$259K	$569K	25x	as long as short
Bybit ZROUSDT	−0.0093%	4h	$18.2M	$17.1M	50x	as long as short
dYdX ZRO-USD	0.0000%	1h	$21K	$2K	5x	as long as short
Orderly PERP_ZRO_USDClong	+0.0010%	4h	$21K	$7K	10x
Variational Omni ZRO	+0.0054%	4h	$2.2M	$904K	—	as long as short
BloFin ZRO-USDT	+0.0082%	4h	$1.1M	$274K	75x	as long as short
Lighter ZROshort	+0.0096%	1h	$4.8M	$1.3M	5x
Hyperliquid ZRO	+0.0100%	1h	$37.8M	$8.4M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster ZROUSDT	+0.0100%	4h	$158K	$160K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	$142K	$212K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	$22.4M	$35.5M	75x	as long as short
Gate ZRO_USDT	+0.0100%	4h	$1.4M	$2.2M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	$18.1M	$3.8M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	$2.6M	$1.5M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	$2.7M	$2.7M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	—	$9.1M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	$89K	$202K	20x	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	$37K	$680K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	$79K	$916K	5x	as long as short
Extended ZRO-USD	+0.0104%	1h	$784K	$563K	10x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	$21K	—	3x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0293% / S −0.2341%	1h	$3K	—	100x	as long as short
Nado ZRO-PERP	+0.0334%	1h	$1.3M	$132K	5x	as long as short
Injective ZRO/USDC PERP	+0.1143%	1h	$12K	$124K	12x	as long as short