Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.020%
Price spread now: dYdX against KuCoin+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 +$1 a day on $10k at the current rate, and dYdX is 0.025% dearer against KuCoin than usual: you sell high and buy low: +$2 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 | KuCoin ZROUSDTM | 1.1696 | 0.0100 | pay 0.0050% / 4h | 3h 07m | $2.3M | $2.0M | 50x |
| Short | dYdX ZRO-USD | 1.1699 | 0.0128 | get 0.0016% / 1h | 7m 10s | $21K | $4K | 5x |
KuCoin ZROUSDTM
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- $5.89
- Price spread: +0.025% → 0.000%
- $2.47
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$13.64
- Costs to cover
- 0.220%
- Break-even
- 23.2 days
Slippage unknown: KuCoin: live order book, 4 min ago; 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 KuCoin live order book, 4 min ago | 6.82 bp | 47.4 bp −$47 | 152.5 bp −$1,525 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRO-USDT | +0.0047% | 4h | 1.1700 | +0.034% | $1.1M | $249K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0052% | 4h | 1.1707 | +0.094% | $20K | $5K | 10x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1721 | +0.212% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1709 | +0.107% | $136K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1721 | +0.212% | $22.0M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1720 | +0.205% | $17.9M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1725 | +0.248% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1700 | +0.034% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1710 | +0.120% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1696 | long leg | $2.3M | $2.0M | 50x |
BloFin ZRO-USDT
Orderly PERP_ZRO_USDC
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZROUSDT | +0.0100% | 4h | 1.1711 | +0.128% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1711 | +0.128% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1711 | +0.128% | $96K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | +0.165% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1700 | +0.034% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1716 | +0.171% | $99K | $844K | 5x | as long as short |
| Lighter ZRO | +0.0104% | 1h | 1.1730 | +0.292% | $4.4M | $1.2M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1705 | +0.077% | $21K | — | 3x | as long as short |
| dYdX ZRO-USDshort | +0.0128% | 1h | 1.1699 | +0.025% | $21K | $4K | 5x | |
| Nado ZRO-PERP | +0.0211% | 1h | 1.1712 | +0.134% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1705 | +0.075% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0328% | 1h | 1.1716 | +0.171% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0463% | 1h | 1.1716 | +0.174% | $256K | $355K | 25x | as long as short |
| Hyperliquid ZRO | +0.0516% | 1h | 1.1727 | +0.265% | $37.2M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1024% | 1h | 1.1704 | +0.064% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1750 | +0.462% | $12K | $261K | 12x | as long as short |
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Lighter ZRO
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP