Funding you earn now, next payment 09:00 UTC+0.0443%/8h= +48.5% APRnext payment +$0.55 per $10,000 · paid last 24h −0.047%
Price spread now: Kraken Futures against Aevo+0.216%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$13 a day on $10k at the current rate, and Kraken Futures is 0.216% dearer against Aevo than usual: you sell high and buy low: +$22 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 | Aevo ZRO-PERP | 1.1955 | 0.0104 | pay 0.0013% / 1h | 54m 47s | $21K | — | 3x |
| Short | Kraken Futures PF_ZROUSD | 1.1981 | 0.0547 | get 0.0068% / 1h | 54m 47s | $273K | $313K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aevo. 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
- $93.04
- Price spread: +0.216% → 0.000%
- $21.6
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $88.64
- Costs to cover
- 0.260%
- Break-even
- 0.3 days
Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 43 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 43 min ago | 39.04 bp | 47.4 bp −$47 | 152.7 bp −$1,527 | doesn't fit | doesn't fit |
Aevo: 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 | −0.0008% | 1h | 1.1948 | −0.059% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.2017 | +0.518% | $22K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0080% | 4h | 1.1960 | +0.042% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.2033 | +0.657% | $4.5M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1940 | −0.122% | $1.4M | $128K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.2025 | +0.586% | $38.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.2017 | +0.515% | $162K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.2012 | +0.473% | $141K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.2017 | +0.515% | $22.5M | $29.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.2009 | +0.452% | $18.4M | $13.2M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.2014 | +0.494% | $3.3M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1990 | +0.293% | $1.4M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.2020 | +0.544% | $20.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.2003 | +0.402% | $2.5M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.2000 | +0.376% | $2.8M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1996 | +0.343% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1933 | −0.188% | $2.3M | $759K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | −0.962% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1953 | −0.017% | $101K | $807K | 5x | as long as short |
| Aevo ZRO-PERPlong | +0.0104% | 1h | 1.1955 | long leg | $21K | — | 3x | |
| BloFin ZRO-USDT | +0.0141% | 4h | 1.1950 | −0.042% | $1.1M | $202K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2341% | 1h | 1.1958 | +0.024% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0464% | 1h | 1.2000 | +0.380% | $819K | $647K | 10x | as long as short |
| Kraken Futures PF_ZROUSDshort | +0.0547% | 1h | 1.1981 | +0.216% | $273K | $313K | 25x | |
| Backpack ZRO_USDC_PERP | +0.0835% | 1h | 1.1993 | +0.318% | $96K | $221K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1980 | +0.209% | $13K | $258K | 12x | as long as short |
Kraken Futures PF_ZROUSD
01 Exchange ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
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
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP