Funding you earn now, next payment 05:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h −0.072%
Price spread now: 01 Exchange against Gate+0.126%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$7 a day on $10k at the current rate, and 01 Exchange is 0.126% dearer against Gate than usual: you sell high and buy low: +$13 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 | Gate ZRO_USDT | 1.1760 | 0.0100 | pay 0.0050% / 4h | 3h 28m | $1.3M | $1.5M | 75x |
| Short | 01 Exchange ZROUSD | 1.1775 | 0.0344 | get 0.0043% / 1h | 28m 05s | $7K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $51.24
- Price spread: +0.126% → 0.000%
- $12.59
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $41.83
- Costs to cover
- 0.220%
- Break-even
- 1.3 days
Slippage unknown: Gate: live order book, 4 min ago; 01 Exchange: no order-book sample. 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 Gate live order book, 4 min ago | 8.52 bp | 29.1 bp −$29 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0049% | 4h | 1.1760 | 0.000% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0081% | 4h | 1.1768 | +0.068% | $1.1M | $250K | 75x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1762 | +0.017% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1768 | +0.066% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1759 | −0.007% | $22.1M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1760 | 0.000% | $18.0M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1760 | 0.000% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1760 | long leg | $1.3M | $1.5M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1759 | −0.009% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1758 | −0.017% | $2.4M | $2.0M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZROUSDT | +0.0100% | 4h | 1.1760 | 0.000% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1766 | +0.051% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1760 | 0.000% | $98K | $222K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1759 | −0.005% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | −0.085% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1771 | +0.094% | $100K | $850K | 5x | as long as short |
| dYdX ZRO-USD | +0.0104% | 1h | 1.1765 | +0.042% | $21K | $4K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1756 | −0.032% | $21K | — | 3x | as long as short |
| Lighter ZRO | +0.0120% | 1h | 1.1785 | +0.213% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0228% | 1h | 1.1768 | +0.072% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1757 | −0.028% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSDshort | +0.0344% | 1h | 1.1775 | +0.126% | $7K | $3K | 5x | |
| Kraken Futures PF_ZROUSD | +0.0461% | 1h | 1.1769 | +0.078% | $259K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0571% | 1h | 1.1776 | +0.136% | $37.3M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1152% | 1h | 1.1755 | −0.039% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1820 | +0.510% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
01 Exchange ZROUSD
BloFin ZRO-USDT
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Lighter ZRO
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP