Funding you earn now, next payment 00:00 UTC+0.2052%/8h= +224.7% APRpaid last 24h +0.055%
Price spread now: Extended against Aster+0.001%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,094as in the Price arb table
costs, in and out, $10k−$1,10211.017% of the position
Funding, last 5 days (all we have)+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.001%, 7d avg −0.075%
=Together, before fees+0.065%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$62 a day on $10k at the current rate, and Extended is 0.076% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.075%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.062% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZROUSDT | 1.1853 | 0.0100 | pay 0.0050% / 4h | 58m 47s | $158K | $154K | 10x |
| Short | Extended ZRO-USD | 1.1854 | 0.2152 | get 0.0269% / 1h | 58m 47s | $784K | $558K | 10x |
Aster ZROUSDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $430.92
- Price spread: +0.001% → −0.075%
- $7.57
- Slippage, 4 orders
- −$1,088.73
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$663.24
- Costs to cover
- 11.017%
- Break-even
- 17.8 days
Slippage from Aster: live order book, 17 min ago; Extended: live order book, 19 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, 17 min ago | 3.81 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 19 min ago | 13.07 bp | 27.8 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ZRO-USD | −0.0428% | 1h | 1.1833 | −0.173% | $89K | $818K | 5x | as long as short |
| 01 Exchange ZROUSD | −0.0104% | 1h | 1.1804 | −0.413% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0020% | 4h | 1.1833 | −0.173% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1847 | −0.051% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1849 | −0.034% | $4.4M | $1.5M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1853 | long leg | $158K | $154K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1852 | −0.009% | $138K | $181K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1852 | −0.012% | $22.2M | $31.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1848 | −0.046% | $18.1M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1854 | +0.004% | $3.2M | $8.4M | 20x | as long as short |
Polymarket Perps ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Lighter ZRO
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1840 | −0.114% | $1.4M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1854 | +0.004% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1835 | −0.156% | $2.5M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1850 | −0.029% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1853 | −0.004% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1847 | −0.055% | $100K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1837 | −0.140% | $2.3M | $850K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.029% | $37K | $686K | 50x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1840 | −0.114% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0132% | 1h | 1.1862 | +0.071% | $254K | $434K | 25x | as long as short |
| BloFin ZRO-USDT | +0.0135% | 4h | 1.1847 | −0.055% | $1.1M | $261K | 75x | as long as short |
| Hyperliquid ZRO | +0.0189% | 1h | 1.1855 | +0.013% | $37.6M | $6.2M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1841 | −0.105% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1850 | −0.029% | $12K | $260K | 12x | as long as short |
| Nado ZRO-PERP | +0.1820% | 1h | 1.1830 | −0.199% | $1.3M | $126K | 5x | as long as short |
| Extended ZRO-USDshort | +0.2152% | 1h | 1.1854 | +0.001% | $784K | $558K | 10x |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
Kraken Futures PF_ZROUSD
BloFin ZRO-USDT
Hyperliquid ZRO
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Nado ZRO-PERP