Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.061%
Price spread now: MEXC against 01 Exchange+0.093%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.093% dearer against 01 Exchange than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1654 | 0 | get 0.0000% / 1h | 30m 00s | $4K | $5K | 5x |
| Short | MEXC ZRO_USDT | 1.1665 | 0.0100 | get 0.0050% / 4h | 1h 30m | $19.1M | $2.7M | 125x |
01 Exchange ZROUSD
MEXC ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against 01 Exchange. 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
- $21
- Price spread: +0.093% → 0.000%
- $9.27
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $23.27
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 4 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 4 min ago | 2.14 bp | 7.8 bp −$8 | 34.7 bp −$347 | 76.0 bp −$7,599 | 461.6 bp −$230.8K |
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 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 ZROUSDlong | 0.0000% | 1h | 1.1654 | long leg | $4K | $5K | 5x | |
| BloFin ZRO-USDT | +0.0042% | 4h | 1.1660 | +0.050% | $1.0M | $201K | 75x | as long as short |
| dYdX ZRO-USD | +0.0042% | 1h | 1.1649 | −0.041% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0092% | 4h | 1.1658 | +0.033% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1681 | +0.229% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1672 | +0.153% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1668 | +0.118% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1648 | −0.051% | $137K | $172K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1664 | +0.082% | $21.8M | $29.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1658 | +0.033% | $17.9M | $13.4M | 50x | as long as short |
BloFin ZRO-USDT
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1665 | +0.093% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1650 | −0.036% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1665 | +0.093% | $19.1M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1651 | −0.027% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1663 | +0.076% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1661 | +0.058% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1670 | +0.136% | $95K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1644 | −0.088% | $2.3M | $799K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1660 | +0.050% | $39K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1665 | +0.093% | $99K | $817K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1658 | +0.034% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0284% | 1h | 1.1658 | +0.029% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1659 | +0.043% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0515% | 1h | 1.1672 | +0.150% | $253K | $298K | 25x | as long as short |
| Extended ZRO-USD | +0.0640% | 1h | 1.1661 | +0.059% | $799K | $626K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1700 | +0.393% | $12K | $261K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Gate 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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP