Funding you earn now, next payment 23:00 UTC+0.1980%/8h= +216.8% APRpaid last 24h +0.027%
Price spread now: Extended against Bitget−0.030%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,021as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,027as in the Price arb table
costs, in and out, $10k−$1,02510.245% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)+0.185%+$19 · spread now −0.030%, 7d avg −0.010%
=Together, before fees+0.220%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$59 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 0.035% in total (about 1.8% 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 | Bitget ZROUSDT | 1.1857 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $2.7M | $2.4M | 75x |
| Short | Extended ZRO-USD | 1.1854 | 0.2080 | get 0.0260% / 1h | 55m 29s | $784K | $539K | 10x |
Bitget ZROUSDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $415.8
- Price spread: −0.030% → −0.010%
- −$1.97
- Slippage, 4 orders
- −$1,007.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$610.71
- Costs to cover
- 10.245%
- Break-even
- 17.3 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 28 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 Bitget live order book, 2 min ago | 2.11 bp | 15.7 bp −$16 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Extended live order book, 28 min ago | 12.59 bp | 29.2 bp −$29 | 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 | −0.0496% | 1h | 1.1861 | +0.032% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0056% | 4h | 1.1850 | −0.059% | $21K | $7K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1862 | +0.039% | $251K | $566K | 25x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1856 | −0.009% | $4.5M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1861 | +0.034% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1858 | +0.006% | $139K | $190K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1861 | +0.033% | $22.3M | $32.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1851 | −0.051% | $18.1M | $15.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1865 | +0.067% | $3.2M | $8.6M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1850 | −0.059% | $1.3M | $1.8M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Kraken Futures PF_ZROUSD
Lighter ZRO
Aster ZROUSDT
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 | 1.1862 | +0.042% | $19.2M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1857 | 0.000% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDTlong | +0.0100% | 4h | 1.1857 | long leg | $2.7M | $2.4M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1853 | −0.034% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1854 | −0.025% | $95K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1806 | −0.434% | $2.3M | $859K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1820 | −0.312% | $37K | $683K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1871 | +0.118% | $88K | $908K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1845 | −0.101% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0107% | 1h | 1.1859 | +0.021% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0127% | 1h | 1.1856 | −0.010% | $1.3M | $129K | 5x | as long as short |
| Hyperliquid ZRO | +0.0129% | 1h | 1.1880 | +0.190% | $37.7M | $6.4M | 5x | as long as short |
| BloFin ZRO-USDT | +0.0154% | 4h | 1.1824 | −0.278% | $1.1M | $263K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0296% / S −0.2416% | 1h | 1.1854 | −0.023% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1860 | +0.025% | $12K | $218K | 12x | as long as short |
| Extended ZRO-USDshort | +0.2080% | 1h | 1.1854 | −0.030% | $784K | $539K | 10x |
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
Nado ZRO-PERP
Hyperliquid ZRO
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP