Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.010%
Price spread now: BloFin against ApeX Omni+0.017%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.745% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.017%, 7d avg −0.022%
=The price spread pays, funding is against you. BloFin is 0.039% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.022%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.7 days. At the pace of the last 7 days (−0.007% in total) that is about 42 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZROUSDT | 1.1780 | 0.0100 | pay 0.0013% / 1h | 59m 06s | $37K | $687K | 50x |
| Short | BloFin ZRO-USDT | 1.1782 | 0.0083 | get 0.0042% / 4h | 3h 59m | $1.1M | $256K | 75x |
ApeX Omni ZROUSDT
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- −$3.57
- Price spread: +0.017% → −0.022%
- $3.91
- Slippage, 4 orders
- −$52.51
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.17
- Costs to cover
- 0.745%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 14 min ago; BloFin: live order book, 8 min ago.
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 ApeX Omni live order book, 14 min ago | 12.78 bp | 24.6 bp −$25 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 0.43 bp | 16.2 bp −$16 | 34.5 bp −$345 | doesn't fit | doesn't fit |
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 | −0.0504% | 1h | 1.1773 | −0.061% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0011% | 4h | 1.1791 | +0.093% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDTshort | +0.0083% | 4h | 1.1782 | +0.017% | $1.1M | $256K | 75x | |
| dYdX ZRO-USD | +0.0085% | 1h | 1.1787 | +0.058% | $21K | $3K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1802 | +0.190% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1791 | +0.093% | $37.4M | $6.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1798 | +0.150% | $158K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1787 | +0.059% | $137K | $172K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1788 | +0.069% | $22.2M | $30.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1787 | +0.059% | $18.0M | $14.3M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
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 | 1.1788 | +0.068% | $3.2M | $8.1M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1790 | +0.085% | $1.4M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1790 | +0.085% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1785 | +0.042% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1789 | +0.076% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1792 | +0.102% | — | $10.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1767 | −0.107% | $2.3M | $879K | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1780 | long leg | $37K | $687K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1801 | +0.178% | $96K | $826K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1785 | +0.040% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0170% | 1h | 1.1792 | +0.098% | $1.3M | $123K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1802 | +0.184% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0301% | 1h | 1.1806 | +0.221% | $253K | $416K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0430% | 1h | 1.1799 | +0.161% | $98K | $204K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1760 | −0.170% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1704% | 1h | 1.1788 | +0.064% | $784K | $589K | 10x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD