Funding you earn now, next payment 00:00 UTC+0.1059%/8h= +116.0% APRpaid last 24h +0.103%
Price spread now: Injective against Aster+0.338%87s7-day average −0.059% · 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—prices read too far apart to compare
costs, in and out, $10k−$2312.305% of the position
Funding, last 5 days (all we have)−0.171%−$17 on $10k
+Price spread, last 3 days (all we have)−1.012%−$101 · spread now +0.338%, 7d avg −0.059%
=Together, before fees−1.184%+ Points / potential airdropAster: Stage 5 · farm board−$118 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Injective is 0.397% dearer against Aster than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.059%. Mind the row above: over the last 5 days funding on this pair cost −0.171%, so the current rate has only just turned in your favour. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.171% in total (about -11.7% 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 | 1.1750 | 0.0100 | pay 0.0050% / 4h | 9m 58s | $157K | $153K | 10x |
| Short | Injective ZRO/USDC PERP | 1.1790 | 0.1159 | get 0.0145% / 1h | 9m 58s | $12K | $260K | 12x |
Aster ZROUSDT
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $222.47
- Price spread: +0.338% → −0.059%
- $39.72
- Slippage, 4 orders
- −$222.49
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $31.68
- Costs to cover
- 2.305%
- Break-even
- 6.0 days
Slippage from Aster: live order book, 1 min ago; Injective: live order book, 4 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, 1 min ago | 4.68 bp | 125.3 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 4 min ago | 34.04 bp | 44.6 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0232% | 1h | 1.1731 | −0.164% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1744 | −0.053% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0096% | 1h | 1.1738 | −0.101% | $21K | $3K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1753 | +0.023% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1751 | +0.006% | $37.2M | $6.2M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1750 | long leg | $157K | $153K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1737 | −0.112% | $136K | $175K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1748 | −0.023% | $22.1M | $30.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1735 | −0.130% | $17.9M | $14.4M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1743 | −0.062% | $3.2M | $8.1M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Lighter ZRO
Hyperliquid 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 | 1.1730 | −0.172% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1751 | +0.006% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1735 | −0.130% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1743 | −0.062% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1743 | −0.062% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1753 | +0.023% | $97K | $207K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1719 | −0.268% | $2.3M | $879K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | −0.172% | $37K | $687K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1757 | +0.057% | $94K | $823K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1748 | −0.017% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0133% | 1h | 1.1757 | +0.054% | $252K | $419K | 25x | as long as short |
| BloFin ZRO-USDT | +0.0150% | 4h | 1.1723 | −0.232% | $1.1M | $255K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1750 | −0.004% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0314% | 1h | 1.1739 | −0.097% | $1.3M | $124K | 5x | as long as short |
| Injective ZRO/USDC PERPshort | +0.1159% | 1h | 1.1790 | +0.338% | $12K | $260K | 12x | |
| Extended ZRO-USD | +0.1952% | 1h | 1.1743 | −0.062% | $784K | $589K | 10x | as long as short |
Gate ZRO_USDT
MEXC 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
Kraken Futures PF_ZROUSD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Extended ZRO-USD