Funding you earn now, next payment 06:00 UTC−0.0286%/8h= −31.3% APRnext payment −$0.36 per $10,000 · paid last 24h −0.081%
Price spread now: dYdX against GMX−0.155%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and dYdX is 0.155% cheaper against GMX than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZRO/USD [ETH-USDC] | 1.1743 | L +0.0293% / S −0.2341% | pay 0.0037% / 1h | 8m 36s | $3K | — | 100x |
| Short | dYdX ZRO-USD | 1.1725 | 0.0007 | get 0.0001% / 1h | 8m 36s | $21K | $5K | 5x |
GMX ZRO/USD [ETH-USDC]
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$59.96
- Price spread: −0.155% → 0.000%
- −$15.48
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$97.44
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
GMX and 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USDshort | +0.0007% | 1h | 1.1725 | −0.155% | $21K | $5K | 5x | |
| BloFin ZRO-USDT | +0.0045% | 4h | 1.1743 | +0.001% | $1.0M | $254K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0070% | 4h | 1.1735 | −0.067% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1755 | +0.103% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1736 | −0.058% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1736 | −0.059% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1731 | −0.101% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1728 | −0.126% | $21.9M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1728 | −0.126% | $18.0M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1732 | −0.092% | $3.2M | $7.8M | 20x | as long as short |
BloFin ZRO-USDT
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 | 1.1720 | −0.194% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1724 | −0.160% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1725 | −0.152% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1728 | −0.126% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1735 | −0.067% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1728 | −0.126% | $97K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1710 | −0.276% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1720 | −0.194% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1750 | +0.061% | $99K | $821K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1735 | −0.067% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0136% | 1h | 1.1742 | −0.006% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0157% | 1h | 1.1740 | −0.027% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]long | L +0.0293% / S −0.2341% | 1h | 1.1743 | long leg | $3K | — | 100x | |
| Kraken Futures PF_ZROUSD | +0.0701% | 1h | 1.1740 | −0.026% | $254K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0920% | 1h | 1.1735 | −0.070% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1780 | +0.317% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
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
01 Exchange ZROUSD
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP