Funding you earn now, next payment 01:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.039%
Price spread now: Orderly against Pacifica+0.002%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
=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 | Pacifica ZRO | 1.1751 | 0.0100 | pay 0.0013% / 1h | 34m 04s | $136K | $170K | 5x |
| Short | Orderly PERP_ZRO_USDC | 1.1751 | 0.0011 | get 0.0005% / 4h | 3h 34m | $21K | $6K | 10x |
Pacifica ZRO
Orderly PERP_ZRO_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Pacifica. 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
- −$18.76
- Price spread: +0.002% → 0.000%
- $0.19
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$32.57
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 39 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 Pacifica live order book, 39 min ago | 6.39 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0096% | 1h | 1.1755 | +0.033% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDCshort | +0.0011% | 4h | 1.1751 | +0.002% | $21K | $6K | 10x | |
| Lighter ZRO | +0.0096% | 1h | 1.1762 | +0.093% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1763 | +0.104% | $37.3M | $5.8M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1758 | +0.062% | $157K | $149K | 10x | as long as short |
| Pacifica ZROlong | +0.0100% | 1h | 1.1751 | long leg | $136K | $170K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1757 | +0.051% | $22.1M | $30.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1751 | +0.002% | $18.0M | $14.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1756 | +0.044% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1750 | −0.007% | $1.3M | $1.5M | 75x | as long as short |
01 Exchange ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
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 | 1.1757 | +0.053% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1746 | −0.041% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1752 | +0.010% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1748 | −0.024% | — | $14.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1731 | −0.167% | $2.3M | $866K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | −0.177% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1763 | +0.104% | $91K | $830K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1749 | −0.017% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0131% | 4h | 1.1744 | −0.058% | $1.1M | $256K | 75x | as long as short |
| dYdX ZRO-USD | +0.0227% | 1h | 1.1748 | −0.026% | $21K | $3K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0277% | 1h | 1.1758 | +0.061% | $99K | $204K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1753 | +0.021% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0292% | 1h | 1.1752 | +0.010% | $1.3M | $129K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0302% | 1h | 1.1767 | +0.139% | $252K | $410K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1790 | +0.334% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1344% | 1h | 1.1754 | +0.024% | $780K | $589K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD