Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Gate−0.068%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$840.844% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days+0.144%+$14 · spread now −0.068%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.055% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1800 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $1.3M | $2.0M | 75x |
| Short | OKX ZRO-USDT-SWAP | 1.1792 | 0.0100 | get 0.0050% / 4h | 2h 04m | $3.2M | $8.9M | 20x |
Gate ZRO_USDT
OKX ZRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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: −0.068% → −0.013%
- −$5.45
- Slippage, 4 orders
- −$59.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$89.81
- Costs to cover
- 0.844%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; OKX: live order book, 3 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 Gate live order book, 3 min ago | 8.48 bp | 31.0 bp −$31 | 63.3 bp −$633 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.69 bp | 10.4 bp −$10 | 79.9 bp −$799 | 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 | −0.0432% | 1h | 1.1802 | +0.015% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0053% | 4h | 1.1816 | +0.136% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0049% | 4h | 1.1802 | +0.017% | $1.1M | $264K | 75x | as long as short |
| dYdX ZRO-USD | +0.0070% | 1h | 1.1814 | +0.123% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1803 | +0.025% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1812 | +0.106% | $37.5M | $6.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1826 | +0.218% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1813 | +0.109% | $138K | $191K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1800 | 0.000% | $22.3M | $32.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1793 | −0.059% | $18.0M | $15.4M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
dYdX ZRO-USD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit 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 | 1.1792 | −0.068% | $3.2M | $8.9M | 20x | |
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1800 | long leg | $1.3M | $2.0M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1803 | +0.025% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1821 | +0.178% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1804 | +0.034% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1802 | +0.017% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1818 | +0.153% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1792 | −0.068% | $2.2M | $859K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | +0.085% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1820 | +0.169% | $88K | $913K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1810 | +0.082% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0177% | 1h | 1.1811 | +0.095% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1821 | +0.181% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1827 | +0.232% | $251K | $567K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1860 | +0.508% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.2272% | 1h | 1.1805 | +0.047% | $784K | $539K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD