Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Bybit0.000%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$630.634% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now 0.000%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZROUSDT | 1.1694 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $17.9M | $13.5M | 50x |
| Short | OKX ZRO-USDT-SWAP | 1.1694 | 0.0100 | get 0.0050% / 4h | 1h 47m | $3.2M | $7.7M | 20x |
Bybit ZROUSDT
OKX ZRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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: 0.000% → +0.034%
- −$3.43
- Slippage, 4 orders
- −$42.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.85
- Costs to cover
- 0.634%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 5 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 Bybit live order book, 1 min ago | 0.86 bp | 17.4 bp −$17 | 55.3 bp −$553 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.99 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 | 1.1703 | +0.080% | $4K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0056% | 4h | 1.1711 | +0.145% | $1.0M | $202K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0086% | 4h | 1.1704 | +0.086% | $20K | $4K | 10x | as long as short |
| dYdX ZRO-USD | +0.0092% | 1h | 1.1708 | +0.119% | $21K | $5K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1715 | +0.180% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1717 | +0.194% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1707 | +0.112% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1710 | +0.134% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1695 | +0.010% | $21.9M | $29.3M | 75x | as long as short |
| Bybit ZROUSDTlong | +0.0100% | 4h | 1.1694 | long leg | $17.9M | $13.5M | 50x |
01 Exchange ZROUSD
BloFin ZRO-USDT
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1694 | 0.000% | $3.2M | $7.7M | 20x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1720 | +0.222% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1701 | +0.060% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1713 | +0.162% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1699 | +0.043% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1704 | +0.086% | — | $16.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1693 | −0.012% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | −0.120% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1708 | +0.120% | $99K | $819K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1700 | +0.053% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0118% | 1h | 1.1711 | +0.145% | $96K | $221K | 20x | as long as short |
| Nado ZRO-PERP | +0.0194% | 1h | 1.1709 | +0.132% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1703 | +0.075% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0514% | 1h | 1.1711 | +0.146% | $254K | $314K | 25x | as long as short |
| Extended ZRO-USD | +0.0792% | 1h | 1.1704 | +0.083% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1770 | +0.650% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Backpack ZRO_USDC_PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP