Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.019%
Price spread now: dYdX against BingX+0.017%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
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. The two prices were read 49 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 | BingX ZRO-USDT | 1.1851 | 0.0100 | pay 0.0050% / 4h | 3h 32m | — | $21.7M | — |
| Short | dYdX ZRO-USD | 1.1853 | 0 | get 0.0000% / 1h | 32m 53s | $21K | $5K | 5x |
BingX ZRO-USDT
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BingX. 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
- −$21
- Price spread: +0.017% → 0.000%
- $1.72
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$39.28
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 6 min ago; dYdX: 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 BingX live order book, 6 min ago | 2.52 bp | 8.2 bp −$8 | 15.5 bp −$155 | 34.0 bp −$3,399 | 99.4 bp −$49.7K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0288% | 1h | 1.1841 | −0.086% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USDshort | 0.0000% | 1h | 1.1853 | +0.017% | $21K | $5K | 5x | |
| Orderly PERP_ZRO_USDC | +0.0069% | 4h | 1.1851 | 0.000% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1870 | +0.162% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1869 | +0.152% | $37.6M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1865 | +0.116% | $160K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1845 | −0.048% | $137K | $170K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1847 | −0.033% | $22.3M | $29.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1841 | −0.084% | $18.2M | $13.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1852 | +0.008% | $3.2M | $7.9M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
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_USDT | +0.0100% | 4h | 1.1840 | −0.093% | $1.3M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1852 | +0.008% | $20.0M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1863 | +0.101% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1849 | −0.017% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1851 | long leg | — | $21.7M | — | |
| Variational Omni ZRO | +0.0100% | 4h | 1.1906 | +0.460% | $2.3M | $766K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1920 | +0.582% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1860 | +0.076% | $101K | $799K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1861 | +0.083% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0136% | 4h | 1.1855 | +0.034% | $1.1M | $200K | 75x | as long as short |
| Nado ZRO-PERP | +0.0163% | 1h | 1.1853 | +0.015% | $1.4M | $128K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1853 | +0.017% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0408% | 1h | 1.1850 | −0.010% | $810K | $646K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0524% | 1h | 1.1859 | +0.068% | $95K | $220K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0553% | 1h | 1.1861 | +0.081% | $270K | $307K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1960 | +0.920% | $13K | $258K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP