Funding you earn now, next payment 00:00 UTC+0.1908%/8h= +208.9% APRpaid last 24h +0.081%
Price spread now: Extended against Binance−0.022%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,035as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,046as in the Price arb table
costs, in and out, $10k−$1,04710.467% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.022%, 7d avg −0.028%
=Together, before fees+0.177%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$57 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% 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 | Binance ZROUSDT | 1.1754 | 0.0100 | pay 0.0050% / 4h | 27m 56s | $22.1M | $31.3M | 75x |
| Short | Extended ZRO-USD | 1.1751 | 0.2008 | get 0.0251% / 1h | 27m 56s | $784K | $610K | 10x |
Binance ZROUSDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $400.68
- Price spread: −0.022% → −0.028%
- $0.62
- Slippage, 4 orders
- −$1,031.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$645.4
- Costs to cover
- 10.467%
- Break-even
- 18.3 days
Slippage from Binance: live order book, 13 min ago; Extended: live order book, 50 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 Binance live order book, 13 min ago | 0.42 bp | 12.9 bp −$13 | 36.5 bp −$365 | 303.0 bp −$30.3K | doesn't fit |
| Sell Extended live order book, 50 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0168% | 1h | 1.1741 | −0.112% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0003% | 4h | 1.1751 | −0.026% | $21K | $7K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1753 | −0.010% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1756 | +0.017% | $37.3M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1758 | +0.036% | $157K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1745 | −0.076% | $136K | $177K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1754 | long leg | $22.1M | $31.3M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1750 | −0.034% | $17.9M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1752 | −0.017% | $3.2M | $8.3M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | −0.119% | $1.3M | $1.8M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
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 | 1.1750 | −0.034% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1739 | −0.128% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1745 | −0.077% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1753 | −0.009% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1756 | +0.017% | $100K | $207K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1733 | −0.177% | $2.3M | $878K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1740 | −0.119% | $37K | $686K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1749 | −0.043% | $94K | $825K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1746 | −0.068% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0133% | 1h | 1.1764 | +0.081% | $252K | $434K | 25x | as long as short |
| dYdX ZRO-USD | +0.0142% | 1h | 1.1738 | −0.132% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0153% | 4h | 1.1741 | −0.111% | $1.1M | $255K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1750 | −0.037% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0350% | 1h | 1.1744 | −0.084% | $1.3M | $125K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1780 | +0.221% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDshort | +0.2008% | 1h | 1.1751 | −0.022% | $784K | $610K | 10x |
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
dYdX ZRO-USD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Injective ZRO/USDC PERP