Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.1% APRpaid last 24h −0.064%
Price spread now: BingX against GMX+0.018%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZRO/USD [ETH-USDC] | 1.1711 | L +0.0292% / S −0.2341% | pay 0.0037% / 1h | 19m 35s | $3K | — | 100x |
| Short | BingX ZRO-USDT | 1.1713 | 0.0100 | get 0.0050% / 4h | 19m 35s | — | $16.5M | — |
GMX ZRO/USD [ETH-USDC]
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GMX. 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
- −$40.42
- Price spread: +0.018% → 0.000%
- $1.81
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$60.61
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BingX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 4 min ago | 2.56 bp | 9.7 bp −$10 | 14.3 bp −$143 | 29.5 bp −$2,953 | 49.1 bp −$24.6K |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0017% | 1h | 1.1716 | +0.045% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1712 | +0.010% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1733 | +0.187% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1729 | +0.152% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1712 | +0.006% | $136K | $179K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1719 | +0.069% | $22.0M | $29.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1708 | −0.025% | $17.9M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1716 | +0.044% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1710 | −0.008% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1714 | +0.027% | $19.2M | $2.7M | 125x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1723 | +0.103% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1711 | +0.001% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1713 | +0.018% | — | $16.5M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1715 | +0.035% | $96K | $217K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1699 | −0.103% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | +0.163% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1724 | +0.112% | $100K | $851K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0104% | 1h | 1.1727 | +0.137% | $7K | $3K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1710 | −0.008% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0140% | 4h | 1.1716 | +0.044% | $1.1M | $249K | 75x | as long as short |
| Nado ZRO-PERP | +0.0199% | 1h | 1.1719 | +0.070% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]long | L +0.0292% / S −0.2341% | 1h | 1.1711 | long leg | $3K | — | 100x | |
| Hyperliquid ZRO | +0.0346% | 1h | 1.1734 | +0.197% | $37.1M | $5.5M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0380% | 1h | 1.1725 | +0.117% | $258K | $398K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1770 | +0.505% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1192% | 1h | 1.1710 | −0.011% | $784K | $589K | 10x | as long as short |
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
01 Exchange ZROUSD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD