Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.019%
Price spread now: OKX against dYdX+0.099%7-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 OKX is 0.099% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| 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 17s | $21K | $3K | 5x |
| Short | OKX ZRO-USDT-SWAP | 1.1729 | 0.0100 | get 0.0050% / 4h | 2h 19m | $3.2M | $8.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.099% → 0.000%
- $9.85
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $10.85
- Costs to cover
- 0.200%
- Break-even
- 3.4 days
Slippage unknown: dYdX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 2.13 bp | 15.3 bp −$15 | 115.8 bp −$1,158 | 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 | 1.1721 | +0.030% | $18.0M | $13.9M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0025% | 4h | 1.1736 | +0.158% | $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 | 1.1753 | +0.303% | $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 | 1.1739 | +0.180% | $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 | 1.1733 | +0.135% | $22.0M | $29.8M | 75x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1729 | +0.099% | $3.2M | $8.0M | 20x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1734 | +0.141% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1738 | +0.175% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1735 | +0.150% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1723 | +0.047% | — | $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 ZROUSDT | +0.0100% | 1h | 1.1750 | +0.278% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1736 | +0.158% | $92K | $839K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1730 | +0.107% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0207% | 1h | 1.1731 | +0.119% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1733 | +0.129% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0370% | 1h | 1.1757 | +0.339% | $252K | $403K | 25x | as long as short |
| Extended ZRO-USD | +0.0888% | 1h | 1.1734 | +0.143% | $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
01 Exchange ZROUSD
Bybit ZROUSDT
Gate ZRO_USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP