Funding you earn now, next payment 12:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.31 per $10,000 · paid last 24h +0.031%
Price spread now: BingX against Orderly−0.600%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
Funding pays, the price is against you. BingX is 0.600% cheaper against Orderly than usual: you would sell low and buy high (spread −0.600% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$60 on $10k: about 32 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZRO_USDC | 1.1839 | 0.0037 | pay 0.0019% / 4h | 2h 54m | $21K | $4K | 10x |
| Short | BingX ZRO-USDT | 1.1768 | 0.0100 | get 0.0050% / 4h | 2h 54m | — | $21.6M | — |
Orderly PERP_ZRO_USDC
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- $13.21
- Price spread: −0.600% → 0.000%
- −$59.97
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$62.76
- Costs to cover
- 0.160%
- Break-even
- 40.2 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 9 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 9 min ago | 2.09 bp | 8.4 bp −$8 | 12.9 bp −$129 | 19.9 bp −$1,994 | 45.3 bp −$22.6K |
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 | −0.0808% | 1h | 1.1757 | −0.692% | $4K | $5K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0315% | 1h | 1.1840 | +0.005% | $269K | $289K | 25x | as long as short |
| Bybit ZROUSDT | −0.0145% | 4h | 1.1753 | −0.726% | $18.0M | $12.6M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1793 | −0.392% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDClong | +0.0037% | 4h | 1.1839 | long leg | $21K | $4K | 10x | |
| Lighter ZRO | +0.0096% | 1h | 1.1800 | −0.327% | $4.4M | $1.1M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1822 | −0.146% | $37.4M | $5.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1800 | −0.329% | $159K | $147K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1782 | −0.479% | $137K | $161K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1780 | −0.498% | $22.1M | $28.6M | 75x | as long as short |
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Bybit ZROUSDT
dYdX ZRO-USD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1770 | −0.583% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | −0.667% | $1.3M | $1.2M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1765 | −0.625% | $9.4M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1824 | −0.127% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1763 | −0.642% | $2.7M | $2.3M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1768 | −0.600% | — | $21.6M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1814 | −0.211% | $95K | $218K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1901 | +0.525% | $2.3M | $738K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1950 | +0.938% | $40K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1847 | +0.068% | $100K | $790K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1840 | +0.008% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0125% | 4h | 1.1844 | +0.042% | $1.1M | $150K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1848 | +0.075% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0302% | 1h | 1.1841 | +0.015% | $1.4M | $120K | 5x | as long as short |
| Extended ZRO-USD | +0.0312% | 1h | 1.1770 | −0.582% | $804K | $648K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1068% | 1h | 1.2040 | +1.698% | $13K | $257K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Extended ZRO-USD
Injective ZRO/USDC PERP