ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.039%

Price spread now: Orderly against BloFin+0.034%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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 pays, funding is against you. Orderly is 0.034% dearer against BloFin than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZRO-USDT	1.1643	0.0142	pay 0.0071% / 4h	1h 01m	$1.0M	$202K	75x
Short	Orderly PERP_ZRO_USDC	1.1647	0.0094	get 0.0047% / 4h	1h 01m	$20K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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 BloFinbpFee OrderlybpOrdersPrice spread, now +0.034%Rate

Funding earned: −$9.99
Price spread: +0.034% → 0.000%: $3.44
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$24.56
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 1 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 BloFin live order book, 1 min ago	6.87 bp	16.2 bp −$16	33.6 bp −$336	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
dYdX ZRO-USD	+0.0026%	1h	1.1652	+0.080%	$21K	$5K	5x	as long as short
01 Exchange ZROUSD	+0.0072%	1h	1.1643	−0.002%	$4K	$5K	5x	as long as short
Orderly PERP_ZRO_USDCshort	+0.0094%	4h	1.1647	+0.034%	$20K	$4K	10x
Lighter ZRO	+0.0096%	1h	1.1670	+0.228%	$4.3M	$1.2M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1657	+0.120%	$36.9M	$5.4M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1653	+0.090%	$157K	$149K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1653	+0.086%	$137K	$171K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1649	+0.052%	$21.8M	$29.0M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1641	−0.017%	$17.8M	$13.3M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1646	+0.026%	$3.2M	$7.6M	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	1.1650	+0.060%	$1.3M	$1.4M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1643	0.000%	$19.1M	$2.7M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1659	+0.137%	$2.4M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1645	+0.017%	$2.7M	$2.5M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1642	−0.009%	—	$16.5M	—	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1681	+0.330%	$2.3M	$771K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1690	+0.404%	$39K	$669K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1654	+0.094%	$99K	$817K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1648	+0.046%	$21K	—	3x	as long as short
BloFin ZRO-USDTlong	+0.0142%	4h	1.1643	long leg	$1.0M	$202K	75x
Backpack ZRO_USDC_PERP	+0.0210%	1h	1.1652	+0.077%	$95K	$216K	20x	as long as short
Nado ZRO-PERP	+0.0249%	1h	1.1651	+0.069%	$1.3M	$128K	5x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1646	+0.029%	$3K	—	100x	as long as short
Kraken Futures PF_ZROUSD	+0.0516%	1h	1.1660	+0.144%	$254K	$298K	25x	as long as short
Extended ZRO-USD	+0.0768%	1h	1.1646	+0.028%	$797K	$647K	10x	as long as short
Injective ZRO/USDC PERP	+0.1317%	1h	1.1730	+0.747%	$12K	$261K	12x	as long as short