Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against dYdX+0.278%110s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.278% dearer against dYdX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | dYdX ZRO-USD | 1.1717 | 0 | get 0.0000% / 1h | 19m 38s | $21K | $3K | 5x |
| Short | ApeX Omni ZROUSDT | 1.1750 | 0.0100 | get 0.0013% / 1h | 19m 38s | $39K | $673K | 50x |
dYdX ZRO-USD
ApeX Omni ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against dYdX. 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: +0.278% → 0.000%
- $27.78
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $28.78
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 49 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 49 min ago | 8.44 bp | 17.2 bp −$17 | 118.7 bp −$1,187 | doesn't fit | doesn't fit |
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 25 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 | −0.0240% | 1h | 1.1733 | +0.133% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USDlong | 0.0000% | 1h | 1.1717 | long leg | $21K | $3K | 5x | |
| Bybit ZROUSDT | 0.0000% | 4h | 1.1716 | −0.012% | $18.0M | $13.9M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0025% | 4h | 1.1718 | +0.005% | $21K | $5K | 10x | as long as short |
| Gate ZRO_USDT | +0.0026% | 4h | 1.1730 | +0.107% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1749 | +0.271% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1745 | +0.235% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1738 | +0.173% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1726 | +0.073% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1727 | +0.077% | $22.0M | $29.8M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
Gate ZRO_USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1720 | +0.022% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1717 | −0.004% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1732 | +0.124% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1726 | +0.073% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1722 | +0.039% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1726 | +0.073% | $97K | $212K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1727 | +0.080% | $2.3M | $816K | — | as long as short |
| ApeX Omni ZROUSDTshort | +0.0100% | 1h | 1.1750 | +0.278% | $39K | $673K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1722 | +0.039% | $92K | $839K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1716 | −0.016% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0210% | 1h | 1.1724 | +0.059% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1722 | +0.041% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0371% | 1h | 1.1737 | +0.171% | $252K | $403K | 25x | as long as short |
| Extended ZRO-USD | +0.0880% | 1h | 1.1726 | +0.073% | $784K | $592K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1790 | +0.619% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP