Funding you earn now, next payment 04:00 UTC−0.0063%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h +0.001%
Price spread now: Orderly against OKX−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$2 a day on $10k at the current rate, and Orderly is 0.069% cheaper against OKX than usual: you would sell low and buy high (−$7 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 | OKX ZRO-USDT-SWAP | 1.1656 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $3.2M | $7.9M | 20x |
| Short | Orderly PERP_ZRO_USDC | 1.1648 | 0.0037 | get 0.0019% / 4h | 1h 04m | $20K | $5K | 10x |
OKX ZRO-USDT-SWAP
Orderly PERP_ZRO_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- −$13.13
- Price spread: −0.069% → 0.000%
- −$6.86
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$35.99
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Orderly: 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 OKX live order book, 4 min ago | 0.43 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0232% | 1h | 1.1650 | −0.053% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDCshort | +0.0037% | 4h | 1.1648 | −0.069% | $20K | $5K | 10x | |
| dYdX ZRO-USD | +0.0043% | 1h | 1.1665 | +0.074% | $21K | $4K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0068% | 4h | 1.1649 | −0.060% | $1.1M | $247K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1677 | +0.177% | $4.3M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1658 | +0.020% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1659 | +0.026% | $135K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1649 | −0.060% | $21.8M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1637 | −0.163% | $17.7M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAPlong | +0.0100% | 4h | 1.1656 | long leg | $3.2M | $7.9M | 20x |
01 Exchange ZROUSD
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1650 | −0.051% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1651 | −0.043% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1653 | −0.026% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1651 | −0.043% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1649 | −0.060% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1665 | +0.077% | $94K | $194K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1633 | −0.195% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | +0.206% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1654 | −0.017% | $98K | $844K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1645 | −0.094% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0199% | 1h | 1.1664 | +0.073% | $256K | $407K | 25x | as long as short |
| Nado ZRO-PERP | +0.0216% | 1h | 1.1642 | −0.119% | $1.3M | $124K | 5x | as long as short |
| Hyperliquid ZRO | +0.0272% | 1h | 1.1661 | +0.039% | $36.9M | $5.5M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1652 | −0.031% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0896% | 1h | 1.1645 | −0.095% | $780K | $591K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1700 | +0.377% | $12K | $260K | 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
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
Hyperliquid ZRO
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP