Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.010%
Price spread now: BloFin against Aster−0.272%102s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1101.103% of the position
Funding, last 5 days (all we have)+0.024%+$2 on $10k
+Price spread, last 3 days (all we have)−0.172%−$17 · spread now −0.272%, 7d avg −0.054%
=Together, before fees−0.147%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.218% cheaper against Aster than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.054%). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZROUSDT | 1.1841 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $158K | $161K | 10x |
| Short | BloFin ZRO-USDT | 1.1809 | 0.0084 | get 0.0042% / 4h | 2h 37m | $1.1M | $265K | 75x |
Aster ZROUSDT
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. 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
- −$3.27
- Price spread: −0.272% → −0.054%
- −$21.76
- Slippage, 4 orders
- −$90.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$135.36
- Costs to cover
- 1.103%
- Break-even
- never at this rate
Slippage from Aster: live order book, 48 min ago; BloFin: live order book, 5 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 Aster live order book, 48 min ago | 3.81 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.27 bp | 19.1 bp −$19 | 38.6 bp −$386 | 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 | −0.0384% | 1h | 1.1822 | −0.161% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0052% | 4h | 1.1814 | −0.230% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1838 | −0.027% | $21K | $2K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0033% | 4h | 1.1833 | −0.069% | $3.2M | $9.1M | 20x | as long as short |
| Bybit ZROUSDT | +0.0071% | 4h | 1.1824 | −0.145% | $18.1M | $15.9M | 50x | as long as short |
| BloFin ZRO-USDTshort | +0.0084% | 4h | 1.1809 | −0.272% | $1.1M | $265K | 75x | |
| Lighter ZRO | +0.0096% | 1h | 1.1838 | −0.026% | $4.6M | $1.2M | 5x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1802 | −0.335% | $2.3M | $879K | — | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1844 | +0.024% | $37.6M | $6.9M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1841 | long leg | $158K | $161K | 10x |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
Bybit ZROUSDT
Lighter ZRO
Variational Omni ZRO
Hyperliquid ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ZRO | +0.0100% | 1h | 1.1829 | −0.103% | $144K | $195K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1831 | −0.086% | $22.4M | $33.9M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1820 | −0.179% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1829 | −0.103% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1830 | −0.095% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1834 | −0.061% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1831 | −0.086% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1817 | −0.204% | $92K | $203K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | −0.264% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1839 | −0.019% | $87K | $990K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1811 | −0.251% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0172% | 1h | 1.1835 | −0.055% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1822 | −0.158% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1820 | −0.176% | $250K | $577K | 25x | as long as short |
| Extended ZRO-USD | +0.0816% | 1h | 1.1832 | −0.078% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1850 | +0.074% | $12K | $145K | 12x | as long as short |
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
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