Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against BloFin−0.008%95s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.685% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)+0.352%+$35 · spread now −0.008%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 95 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 | BloFin ZRO-USDT | 1.1776 | 0.0077 | pay 0.0039% / 4h | 2h 45m | $1.1M | $265K | 75x |
| Short | Bitget ZROUSDT | 1.1775 | 0.0100 | get 0.0050% / 4h | 2h 45m | $2.7M | $2.5M | 75x |
BloFin ZRO-USDT
Bitget ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $4.81
- Price spread: −0.008% → −0.007%
- −$0.18
- Slippage, 4 orders
- −$44.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$63.88
- Costs to cover
- 0.685%
- Break-even
- 99.9 days
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 0.85 bp | 13.7 bp −$14 | 35.4 bp −$354 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.55 bp | 18.8 bp −$19 | 43.1 bp −$431 | 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 | −0.0320% | 1h | 1.1764 | −0.100% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0042% | 4h | 1.1780 | +0.034% | $21K | $7K | 10x | as long as short |
| Bybit ZROUSDT | −0.0042% | 4h | 1.1767 | −0.076% | $18.1M | $16.2M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1779 | +0.021% | $21K | $2K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0014% | 4h | 1.1775 | −0.008% | $3.2M | $9.2M | 20x | as long as short |
| BloFin ZRO-USDTlong | +0.0077% | 4h | 1.1776 | long leg | $1.1M | $265K | 75x | |
| Lighter ZRO | +0.0096% | 1h | 1.1789 | +0.110% | $4.6M | $1.2M | 5x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | −0.518% | $2.2M | $893K | — | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1794 | +0.153% | $37.5M | $7.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1789 | +0.107% | $157K | $162K | 10x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Bybit ZROUSDT
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
Lighter ZRO
Variational Omni ZRO
Hyperliquid ZRO
Aster ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ZRO | +0.0100% | 1h | 1.1774 | −0.016% | $143K | $197K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1773 | −0.025% | $22.3M | $34.1M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | +0.034% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1777 | +0.008% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1770 | −0.051% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.1775 | −0.008% | $2.7M | $2.5M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1773 | −0.025% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1782 | +0.051% | $92K | $206K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | −0.391% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1777 | +0.008% | $86K | $996K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1772 | −0.034% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0200% | 1h | 1.1772 | −0.038% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1782 | +0.052% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1788 | +0.098% | $249K | $576K | 25x | as long as short |
| Extended ZRO-USD | +0.1032% | 1h | 1.1774 | −0.013% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1830 | +0.459% | $12K | $145K | 12x | as long as short |
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP