ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0151%/8h= −16.5% APRnext payment −$0.75 per $10,000 · paid last 24h −0.035%

Price spread now: Orderly against Variational Omni+0.083%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.083% dearer against Variational Omni than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ZRO	1.1777	0.0100	pay 0.0050% / 4h	2h 09m	$2.2M	$861K	—
Short	Orderly PERP_ZRO_USDC	1.1787	−0.0051	pay 0.0025% / 4h	2h 09m	$21K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee OrderlybpOrdersPrice spread, now +0.083%Rate

Funding earned: −$31.64
Price spread: +0.083% → 0.000%: $8.32
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$29.33
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 4 min ago	4.01 bp	doesn't fit	39.5 bp −$395	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	−0.0432%	1h	1.1765	−0.105%	$7K	$3K	5x	as long as short
Orderly PERP_ZRO_USDCshort	−0.0051%	4h	1.1787	+0.083%	$21K	$7K	10x
dYdX ZRO-USD	+0.0041%	1h	1.1790	+0.108%	$21K	$2K	5x	as long as short
Lighter ZRO	+0.0096%	1h	1.1787	+0.087%	$4.5M	$1.4M	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1798	+0.177%	$37.4M	$6.4M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1798	+0.179%	$158K	$160K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1784	+0.059%	$142K	$193K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1782	+0.041%	$22.2M	$32.9M	75x	as long as short
Bybit ZROUSDT	+0.0100%	4h	1.1769	−0.070%	$18.0M	$15.5M	50x	as long as short
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1784	+0.058%	$3.2M	$8.9M	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	1.1800	+0.194%	$1.3M	$2.0M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1785	+0.066%	$19.0M	$3.5M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1796	+0.160%	$2.9M	$1.8M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1784	+0.058%	$2.7M	$2.5M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1783	+0.049%	—	$10.9M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1791	+0.117%	$94K	$206K	20x	as long as short
Variational Omni ZROlong	+0.0100%	4h	1.1777	long leg	$2.2M	$861K	—
ApeX Omni ZROUSDT	+0.0100%	1h	1.1850	+0.618%	$37K	$681K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1796	+0.160%	$88K	$913K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1785	+0.066%	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0109%	4h	1.1779	+0.015%	$1.1M	$265K	75x	as long as short
Nado ZRO-PERP	+0.0172%	1h	1.1787	+0.081%	$1.3M	$130K	5x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1792	+0.128%	$3K	—	100x	as long as short
Kraken Futures PF_ZROUSD	+0.0318%	1h	1.1802	+0.211%	$250K	$569K	25x	as long as short
Injective ZRO/USDC PERP	+0.1237%	1h	1.1840	+0.533%	$12K	$175K	12x	as long as short
Extended ZRO-USD	+0.2072%	1h	1.1785	+0.066%	$784K	$539K	10x	as long as short