Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.039%
Price spread now: OKX against ApeX Omni+0.189%110s7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.757% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.189%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.234% dearer against ApeX Omni than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.046%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZROUSDT | 1.1670 | 0.0100 | pay 0.0013% / 1h | 23m 40s | $39K | $670K | 50x |
| Short | OKX ZRO-USDT-SWAP | 1.1692 | 0.0100 | get 0.0050% / 4h | 1h 23m | $3.2M | $7.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against ApeX Omni. 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
- $0
- Price spread: +0.189% → −0.046%
- $23.45
- Slippage, 4 orders
- −$55.66
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$52.21
- Costs to cover
- 0.757%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 20 min ago; OKX: live order book, 4 min ago.
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 ApeX Omni live order book, 20 min ago | 12.83 bp | 20.5 bp −$21 | 110.1 bp −$1,101 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 3.00 bp | 15.9 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
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 | +0.0024% | 1h | 1.1699 | +0.247% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0039% | 1h | 1.1698 | +0.239% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0094% | 4h | 1.1701 | +0.266% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1714 | +0.375% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1698 | +0.240% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1695 | +0.216% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1692 | +0.190% | $137K | $172K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1693 | +0.196% | $21.8M | $29.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1696 | +0.223% | $17.9M | $13.4M | 50x | as long as short |
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1692 | +0.189% | $3.2M | $7.7M | 20x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1690 | +0.171% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1691 | +0.180% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1691 | +0.180% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1691 | +0.180% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1698 | +0.240% | — | $16.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1689 | +0.167% | $2.3M | $798K | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1670 | long leg | $39K | $670K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1698 | +0.240% | $99K | $817K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1697 | +0.229% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0154% | 4h | 1.1702 | +0.274% | $1.0M | $202K | 75x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0186% | 1h | 1.1703 | +0.283% | $95K | $219K | 20x | as long as short |
| Nado ZRO-PERP | +0.0282% | 1h | 1.1699 | +0.247% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1693 | +0.201% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0514% | 1h | 1.1711 | +0.353% | $254K | $298K | 25x | as long as short |
| Extended ZRO-USD | +0.0696% | 1h | 1.1687 | +0.147% | $799K | $626K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1750 | +0.686% | $12K | $261K | 12x | as long as short |
ApeX Omni ZROUSDT
OKX ZRO-USDT-SWAP
01 Exchange ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP