Funding you earn now, next payment 09:00 UTC+0.0677%/8h= +74.2% APRpaid last 24h −0.005%
Price spread now: ApeX Omni against BloFin−0.434%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.535%+$53 · spread now −0.434%, 7d avg +0.035%
=Funding pays, the price is against you. ApeX Omni is 0.469% cheaper against BloFin than usual: you would sell low and buy high (spread −0.434% now, against its 7-day average of +0.035%). If the spread goes back, that is −$47 on $10k: about 2.3 days of funding at the current rate (+$20 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% 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 | BloFin ZRO-USDT | 1.1982 | 0.0053 | pay 0.0026% / 4h | 3h 52m | $1.0M | $202K | 75x |
| Short | ApeX Omni ZROUSDT | 1.1930 | 0.0730 | get 0.0091% / 1h | 52m 03s | $40K | $668K | 50x |
BloFin ZRO-USDT
ApeX Omni ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- $142.23
- Price spread: −0.434% → +0.035%
- −$46.9
- Slippage, 4 orders
- −$55.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $17.97
- Costs to cover
- 0.774%
- Break-even
- 6.1 days
Slippage from BloFin: live order book, 5 min ago; ApeX Omni: live order book, 46 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 BloFin live order book, 5 min ago | 0.42 bp | 12.0 bp −$12 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 46 min ago | 12.88 bp | 22.6 bp −$23 | 134.4 bp −$1,344 | 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 | 0.0000% | 1h | 1.2032 | +0.419% | $22K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | 0.0000% | 1h | 1.2039 | +0.472% | $4K | $5K | 5x | as long as short |
| BloFin ZRO-USDTlong | +0.0053% | 4h | 1.1982 | long leg | $1.0M | $202K | 75x | |
| Orderly PERP_ZRO_USDC | +0.0079% | 4h | 1.2009 | +0.225% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.2047 | +0.543% | $4.5M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.2020 | +0.320% | $1.4M | $128K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.2067 | +0.709% | $38.2M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.2065 | +0.695% | $163K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.2032 | +0.417% | $142K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.2060 | +0.648% | $22.6M | $29.5M | 75x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Nado ZRO-PERP
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | +0.0100% | 4h | 1.2039 | +0.476% | $18.5M | $13.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.2044 | +0.517% | $3.3M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.2040 | +0.484% | $1.4M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.2056 | +0.618% | $20.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.2060 | +0.651% | $2.5M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.2042 | +0.501% | $2.8M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.2048 | +0.551% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1933 | −0.413% | $2.3M | $759K | — | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.2029 | +0.392% | $102K | $805K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.2010 | +0.234% | $21K | — | 3x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0296% / S −0.2341% | 1h | 1.2015 | +0.276% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0464% | 1h | 1.1999 | +0.142% | $819K | $647K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0544% | 1h | 1.2052 | +0.586% | $275K | $313K | 25x | as long as short |
| ApeX Omni ZROUSDTshort | +0.0730% | 1h | 1.1930 | −0.434% | $40K | $668K | 50x | |
| Backpack ZRO_USDC_PERP | +0.0974% | 1h | 1.2053 | +0.593% | $97K | $222K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.2030 | +0.401% | $13K | $258K | 12x | as long as short |
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP