ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.2173%/8h= +238.0% APRnext payment +$2.72 per $10,000 · paid last 24h +0.900%

Price spread now: GMX against 01 Exchange−0.068%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on GMX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. GMX is 0.068% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3 hours of funding at the current rate (+$65 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ZROUSD	1.1674	0.0168	pay 0.0021% / 1h	48m 24s	$7K	$3K	5x
Short	GMX ZRO/USD [ETH-USDC]	1.1666	L +0.0292% / S −0.2341%	get 0.0293% / 1h	48m 24s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee GMXbpOrdersPrice spread, now −0.068%Rate

Funding earned: $456.37
Price spread: −0.068% → 0.000%: −$6.82
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $430.55
Costs to cover: 0.190%
Break-even: 0.4 days

Slippage unknown: 01 Exchange: no order-book sample; GMX: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

01 Exchange and GMX: 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	0.0000%	1h	1.1662	−0.109%	$21K	$4K	5x	as long as short
Backpack ZRO_USDC_PERP	+0.0038%	1h	1.1666	−0.071%	$94K	$218K	20x	as long as short
Orderly PERP_ZRO_USDC	+0.0059%	4h	1.1662	−0.105%	$20K	$4K	10x	as long as short
Lighter ZRO	+0.0096%	1h	1.1686	+0.097%	$4.4M	$1.2M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1680	+0.049%	$37.0M	$5.5M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1670	−0.038%	$157K	$150K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1662	−0.101%	$137K	$179K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1663	−0.096%	$21.8M	$29.5M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1661	−0.114%	$17.9M	$13.6M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1667	−0.063%	$3.2M	$7.8M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZRO_USDT	+0.0100%	4h	1.1660	−0.122%	$1.3M	$1.5M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1661	−0.114%	$19.1M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1653	−0.182%	$2.3M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1664	−0.088%	$2.7M	$2.5M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1663	−0.097%	—	$16.6M	—	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1669	−0.041%	$2.3M	$809K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1680	+0.049%	$39K	$677K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1677	+0.023%	$99K	$820K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1660	−0.122%	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0118%	4h	1.1662	−0.105%	$1.1M	$248K	75x	as long as short
01 Exchange ZROUSDlong	+0.0168%	1h	1.1674	long leg	$7K	$3K	5x
Nado ZRO-PERP	+0.0181%	1h	1.1665	−0.083%	$1.3M	$126K	5x	as long as short
GMX ZRO/USD [ETH-USDC]short	L +0.0292% / S −0.2341%	1h	1.1666	−0.068%	$3K	—	100x
Kraken Futures PF_ZROUSD	+0.0705%	1h	1.1671	−0.026%	$255K	$355K	25x	as long as short
Extended ZRO-USD	+0.1008%	1h	1.1667	−0.066%	$800K	$625K	10x	as long as short
Injective ZRO/USDC PERP	+0.1343%	1h	1.1700	+0.220%	$12K	$260K	12x	as long as short