Funding you earn now, next payment 02:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h −0.071%
Price spread now: 01 Exchange against MEXC−0.045%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 −$10 a day on $10k at the current rate, and 01 Exchange is 0.045% cheaper against MEXC than usual: you would sell low and buy high (−$5 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 | MEXC ZRO_USDT | 1.1732 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $19.1M | $2.8M | 125x |
| Short | 01 Exchange ZROUSD | 1.1727 | −0.0232 | pay 0.0029% / 1h | 18m 22s | $7K | $3K | 5x |
MEXC ZRO_USDT
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against MEXC. 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
- −$69.72
- Price spread: −0.045% → 0.000%
- −$4.52
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$81.24
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 1.28 bp | 5.2 bp −$5 | 38.0 bp −$380 | 76.1 bp −$7,605 | 289.7 bp −$144.8K |
| 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 25 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 ZROUSDshort | −0.0232% | 1h | 1.1727 | −0.045% | $7K | $3K | 5x | |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1741 | +0.072% | $21K | $3K | 5x | as long as short |
| Bybit ZROUSDT | +0.0020% | 4h | 1.1734 | +0.017% | $18.0M | $13.9M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0025% | 4h | 1.1731 | −0.009% | $21K | $5K | 10x | as long as short |
| Gate ZRO_USDT | +0.0030% | 4h | 1.1730 | −0.017% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1763 | +0.263% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1745 | +0.111% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1750 | +0.155% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1747 | +0.128% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1734 | +0.013% | $22.0M | $29.8M | 75x | as long as short |
dYdX ZRO-USD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
Gate ZRO_USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1728 | −0.034% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1732 | long leg | $19.1M | $2.8M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1740 | +0.068% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1742 | +0.085% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1743 | +0.094% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1743 | +0.094% | $97K | $212K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1727 | −0.044% | $2.3M | $816K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | +0.153% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1734 | +0.017% | $92K | $839K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1730 | −0.017% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0206% | 1h | 1.1730 | −0.016% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1737 | +0.044% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0370% | 1h | 1.1757 | +0.214% | $252K | $403K | 25x | as long as short |
| Extended ZRO-USD | +0.0888% | 1h | 1.1724 | −0.064% | $784K | $592K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1790 | +0.494% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
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
Extended ZRO-USD
Injective ZRO/USDC PERP