Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.006%
Price spread now: Aster against Backpack+0.029%45s7-day average +0.033% · 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−$920.918% of the position
Funding, last 5 days (all we have)+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)+0.115%+$12 · spread now +0.029%, 7d avg +0.033%
=Together, before fees+0.225%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 45 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 | Backpack ZRO_USDC_PERP | 1.1674 | 0.0090 | pay 0.0011% / 1h | 32m 20s | $96K | $219K | 20x |
| Short | Aster ZROUSDT | 1.1677 | 0.0100 | get 0.0050% / 4h | 32m 20s | $157K | $150K | 10x |
Backpack ZRO_USDC_PERP
Aster ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. 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
- $2.13
- Price spread: +0.029% → +0.033%
- −$0.39
- Slippage, 4 orders
- −$73.82
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$90.08
- Costs to cover
- 0.918%
- Break-even
- 303.2 days
Slippage from Backpack: live order book, 26 min ago; Aster: live order book, 24 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 Backpack live order book, 26 min ago | 0.43 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 24 min ago | 3.85 bp | 30.8 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0008% | 1h | 1.1681 | +0.058% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1678 | +0.034% | $20K | $5K | 10x | as long as short |
| 01 Exchange ZROUSD | +0.0056% | 1h | 1.1687 | +0.109% | $7K | $3K | 5x | as long as short |
| Backpack ZRO_USDC_PERPlong | +0.0090% | 1h | 1.1674 | long leg | $96K | $219K | 20x | |
| BloFin ZRO-USDT | +0.0093% | 4h | 1.1671 | −0.026% | $1.1M | $248K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1696 | +0.187% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDTshort | +0.0100% | 4h | 1.1677 | +0.029% | $157K | $150K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1678 | +0.038% | $136K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1678 | +0.035% | $21.8M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1671 | −0.026% | $17.8M | $13.9M | 50x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
01 Exchange ZROUSD
BloFin ZRO-USDT
Lighter ZRO
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1681 | +0.060% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1680 | +0.051% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1679 | +0.043% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1668 | −0.051% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1664 | −0.086% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1676 | +0.017% | — | $16.4M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1568 | −0.904% | $2.2M | $811K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1610 | −0.548% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1683 | +0.077% | $96K | $855K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1670 | −0.032% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0178% | 1h | 1.1681 | +0.058% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1674 | −0.003% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0381% | 1h | 1.1684 | +0.087% | $257K | $403K | 25x | as long as short |
| Hyperliquid ZRO | +0.0410% | 1h | 1.1692 | +0.154% | $37.0M | $5.5M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1700 | +0.223% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1232% | 1h | 1.1674 | −0.002% | $780K | $590K | 10x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Injective ZRO/USDC PERP
Extended ZRO-USD