Funding you earn now, next payment 22:00 UTC+0.0532%/8h= +58.3% APRpaid last 24h +0.051%
Price spread now: Gate against 01 Exchange+0.097%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Gate is 0.097% dearer against 01 Exchange than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1809 | −0.0432 | get 0.0054% / 1h | 8m 23s | $7K | $3K | 5x |
| Short | Gate ZRO_USDT | 1.1820 | 0.0100 | get 0.0050% / 4h | 2h 08m | $1.3M | $2.0M | 75x |
01 Exchange ZROUSD
Gate ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against 01 Exchange. 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
- $111.72
- Price spread: +0.097% → 0.000%
- $9.65
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $99.37
- Costs to cover
- 0.220%
- Break-even
- 0.8 days
Slippage unknown: 01 Exchange: no order-book sample; Gate: live order book, 4 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 4.24 bp | 25.7 bp −$26 | 69.4 bp −$694 | doesn't fit | doesn't fit |
01 Exchange: 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 ZROUSDlong | −0.0432% | 1h | 1.1809 | long leg | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | −0.0050% | 4h | 1.1809 | +0.003% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0060% | 1h | 1.1814 | +0.050% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1814 | +0.047% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1827 | +0.156% | $37.5M | $6.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1816 | +0.064% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1813 | +0.041% | $138K | $191K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1808 | −0.006% | $22.3M | $32.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1798 | −0.090% | $18.1M | $15.5M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1802 | −0.056% | $3.2M | $8.9M | 20x | as long as short |
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
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_USDTshort | +0.0100% | 4h | 1.1820 | +0.097% | $1.3M | $2.0M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1811 | +0.020% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1816 | +0.063% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1814 | +0.046% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1800 | −0.073% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1821 | +0.105% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1777 | −0.266% | $2.2M | $861K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1790 | −0.158% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1822 | +0.113% | $88K | $913K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1820 | +0.097% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0106% | 4h | 1.1777 | −0.268% | $1.1M | $264K | 75x | as long as short |
| Nado ZRO-PERP | +0.0173% | 1h | 1.1813 | +0.033% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1821 | +0.107% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1831 | +0.187% | $251K | $569K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1830 | +0.181% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.2128% | 1h | 1.1810 | +0.014% | $784K | $539K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD