Funding you earn now, next payment 01:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h −0.163%
Price spread now: Kraken Futures against Aster+0.031%7-day average +0.041% · 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−$235as in the Price arb table
costs, in and out, $10k−$2342.340% of the position
Funding, last 5 days (all we have)+0.168%+$17 on $10k
+Price spread, last 3 days (all we have)−0.113%−$11 · spread now +0.031%, 7d avg +0.041%
=Together, before fees+0.054%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZROUSDT | 1.1860 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $159K | $149K | 10x |
| Short | Kraken Futures PF_ZROUSD | 1.1864 | 0.0300 | get 0.0037% / 1h | 12m 59s | $254K | $409K | 25x |
Aster ZROUSDT
Kraken Futures PF_ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $41.91
- Price spread: +0.031% → +0.041%
- −$0.94
- Slippage, 4 orders
- −$215.96
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$192.98
- Costs to cover
- 2.340%
- Break-even
- 39.2 days
Slippage from Aster: live order book, 58 min ago; Kraken Futures: live order book, 60 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, 58 min ago | 4.68 bp | 125.3 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 60 min ago | 26.80 bp | 42.6 bp −$43 | 133.8 bp −$1,338 | 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 | −0.0096% | 1h | 1.1844 | −0.132% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1855 | −0.040% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1863 | +0.029% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1866 | +0.052% | $37.6M | $5.7M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1860 | long leg | $159K | $149K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1860 | 0.000% | $137K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1857 | −0.026% | $22.3M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1851 | −0.074% | $18.1M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1860 | +0.002% | $3.2M | $8.1M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1850 | −0.083% | $1.4M | $1.5M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1858 | −0.015% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1860 | +0.002% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1857 | −0.023% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1862 | +0.019% | — | $15.8M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1818 | −0.351% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.083% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1862 | +0.019% | $92K | $824K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1852 | −0.066% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0114% | 4h | 1.1851 | −0.074% | $1.1M | $255K | 75x | as long as short |
| dYdX ZRO-USD | +0.0213% | 1h | 1.1856 | −0.035% | $21K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0288% | 1h | 1.1851 | −0.075% | $1.4M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1859 | −0.006% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSDshort | +0.0300% | 1h | 1.1864 | +0.031% | $254K | $409K | 25x | |
| Backpack ZRO_USDC_PERP | +0.0426% | 1h | 1.1868 | +0.069% | $98K | $205K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1910 | +0.423% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1240% | 1h | 1.1859 | −0.007% | $788K | $589K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD