Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Aster+0.119%7-day average −0.064% · 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−$96as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 5 days (all we have)−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.119%, 7d avg −0.064%
=Together, before fees−0.248%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.182% dearer against Aster than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of −0.064%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZROUSDT | 1.1799 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $158K | $160K | 10x |
| Short | OKX ZRO-USDT-SWAP | 1.1813 | 0.0062 | get 0.0031% / 4h | 2h 28m | $3.2M | $9.0M | 20x |
Aster ZROUSDT
OKX ZRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$7.9
- Price spread: +0.119% → −0.064%
- $18.22
- Slippage, 4 orders
- −$96.28
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$103.96
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from Aster: live order book, 58 min ago; OKX: 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, 58 min ago | 3.81 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.42 bp | 17.2 bp −$17 | 92.8 bp −$928 | 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 | −0.0464% | 1h | 1.1789 | −0.084% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0061% | 4h | 1.1803 | +0.034% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0002% | 1h | 1.1791 | −0.068% | $21K | $2K | 5x | as long as short |
| Bybit ZROUSDT | +0.0061% | 4h | 1.1800 | +0.008% | $18.1M | $15.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAPshort | +0.0062% | 4h | 1.1813 | +0.119% | $3.2M | $9.0M | 20x | |
| Lighter ZRO | +0.0096% | 1h | 1.1803 | +0.034% | $4.6M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1818 | +0.161% | $37.5M | $6.9M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1799 | long leg | $158K | $160K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1790 | −0.073% | $143K | $193K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1809 | +0.083% | $22.3M | $33.5M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Bybit ZROUSDT
Lighter ZRO
Hyperliquid ZRO
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | −0.161% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1801 | +0.017% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1802 | +0.025% | $2.5M | $1.6M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1806 | +0.059% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1801 | +0.017% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1812 | +0.110% | $92K | $204K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1835 | +0.309% | $2.3M | $860K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | +0.432% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1799 | 0.000% | $87K | $922K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1800 | +0.006% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0140% | 4h | 1.1802 | +0.025% | $1.1M | $265K | 75x | as long as short |
| Nado ZRO-PERP | +0.0158% | 1h | 1.1793 | −0.055% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1804 | +0.038% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1814 | +0.129% | $250K | $572K | 25x | as long as short |
| Extended ZRO-USD | +0.1088% | 1h | 1.1801 | +0.019% | $780K | $559K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1840 | +0.347% | $12K | $175K | 12x | 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
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP