Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.019%
Price spread now: BingX against dYdX−0.216%49s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. BingX is 0.216% cheaper against dYdX than usual: you would sell low and buy high (spread −0.216% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 7.2 days of funding at the current rate (+$3 a day). 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 | dYdX ZRO-USD | 1.1822 | 0 | get 0.0000% / 1h | 30m 57s | $21K | $5K | 5x |
| Short | BingX ZRO-USDT | 1.1797 | 0.0100 | get 0.0050% / 4h | 3h 30m | — | $21.7M | — |
dYdX ZRO-USD
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.216% → 0.000%
- −$21.56
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$20.56
- Costs to cover
- 0.200%
- Break-even
- 13.9 days
Slippage unknown: dYdX: no order-book sample; BingX: live order book, 8 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 BingX live order book, 8 min ago | 2.52 bp | 8.8 bp −$9 | 12.5 bp −$125 | 27.7 bp −$2,772 | 51.9 bp −$25.9K |
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 | −0.0296% | 1h | 1.1794 | −0.238% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USDlong | 0.0000% | 1h | 1.1822 | long leg | $21K | $5K | 5x | |
| Orderly PERP_ZRO_USDC | +0.0069% | 4h | 1.1793 | −0.249% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1812 | −0.086% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1811 | −0.097% | $37.4M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1801 | −0.181% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1817 | −0.046% | $136K | $170K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1797 | −0.216% | $22.2M | $29.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1791 | −0.266% | $18.1M | $13.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1796 | −0.224% | $3.2M | $7.8M | 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 | 1.1780 | −0.359% | $1.3M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1796 | −0.224% | $19.9M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1794 | −0.241% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1789 | −0.283% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1797 | −0.216% | — | $21.7M | — | |
| Variational Omni ZRO | +0.0100% | 4h | 1.1906 | +0.702% | $2.3M | $766K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | +0.148% | $40K | $667K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1808 | −0.123% | $100K | $799K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1798 | −0.206% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0145% | 4h | 1.1802 | −0.173% | $1.1M | $200K | 75x | as long as short |
| Nado ZRO-PERP | +0.0168% | 1h | 1.1802 | −0.174% | $1.3M | $128K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1800 | −0.187% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0416% | 1h | 1.1799 | −0.197% | $806K | $646K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0511% | 1h | 1.1803 | −0.165% | $95K | $220K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0555% | 1h | 1.1801 | −0.183% | $268K | $307K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1960 | +1.163% | $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