Funding you earn now, next payment 07:00 UTC+0.2241%/8h= +245.4% APRnext payment +$2.80 per $10,000 · paid last 24h +0.837%
Price spread now: GMX against Pacifica−0.131%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
=Funding pays, the price is against you. GMX is 0.131% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 5 hours of funding at the current rate (+$67 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZRO | 1.1731 | 0.0100 | pay 0.0013% / 1h | 57m 25s | $138K | $174K | 5x |
| Short | GMX ZRO/USD [ETH-USDC] | 1.1716 | L +0.0293% / S −0.2341% | get 0.0293% / 1h | 57m 25s | $3K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $470.65
- Price spread: −0.131% → 0.000%
- −$13.08
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $437.56
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: Pacifica: live order book, 50 min ago; GMX: 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 Pacifica live order book, 50 min ago | 6.87 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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-USD | 0.0000% | 1h | 1.1737 | +0.050% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0059% | 4h | 1.1697 | −0.292% | $1.0M | $253K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0077% | 4h | 1.1708 | −0.198% | $20K | $4K | 10x | as long as short |
| 01 Exchange ZROUSD | +0.0088% | 1h | 1.1725 | −0.051% | $4K | $5K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1733 | +0.016% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1721 | −0.091% | $158K | $151K | 10x | as long as short |
| Pacifica ZROlong | +0.0100% | 1h | 1.1731 | long leg | $138K | $174K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1714 | −0.147% | $21.9M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1707 | −0.207% | $18.0M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1708 | −0.198% | $3.2M | $7.8M | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1710 | −0.181% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1715 | −0.138% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1724 | −0.062% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1709 | −0.190% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1712 | −0.164% | — | $16.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1717 | −0.123% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1720 | −0.096% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1725 | −0.053% | $99K | $819K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1708 | −0.196% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0172% | 1h | 1.1716 | −0.134% | $1.3M | $126K | 5x | as long as short |
| Hyperliquid ZRO | +0.0223% | 1h | 1.1729 | −0.019% | $37.2M | $5.5M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC]short | L +0.0293% / S −0.2341% | 1h | 1.1716 | −0.131% | $3K | — | 100x | |
| Backpack ZRO_USDC_PERP | +0.0355% | 1h | 1.1741 | +0.083% | $96K | $222K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0512% | 1h | 1.1738 | +0.061% | $254K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0880% | 1h | 1.1716 | −0.128% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1760 | +0.245% | $12K | $261K | 12x | as long as short |
Pacifica ZRO
GMX ZRO/USD [ETH-USDC]
BloFin ZRO-USDT
01 Exchange ZROUSD
Lighter ZRO
Aster ZROUSDT
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Hyperliquid ZRO
Backpack ZRO_USDC_PERP
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP