Funding you earn now, next payment 08:00 UTC+0.0307%/8h= +33.7% APRpaid last 24h +0.174%
Price spread now: Extended against BloFin+0.089%94s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$343as 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−$3623.619% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.089%, 7d avg −0.016%
=Together, before fees+0.115%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.105% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.016%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.193% in total (about 10.1% 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 | BloFin ZRO-USDT | 1.1811 | 0.0141 | pay 0.0070% / 4h | 3h 59m | $1.0M | $199K | 75x |
| Short | Extended ZRO-USD | 1.1822 | 0.0448 | get 0.0056% / 1h | 59m 41s | $807K | $647K | 10x |
BloFin ZRO-USDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $64.54
- Price spread: +0.089% → −0.016%
- $10.55
- Slippage, 4 orders
- −$344.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$286.76
- Costs to cover
- 3.619%
- Break-even
- 38.1 days
Slippage from BloFin: live order book, 8 min ago; Extended: live order book, 38 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, 8 min ago | 1.70 bp | 18.2 bp −$18 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell Extended live order book, 38 min ago | 13.70 bp | 18.4 bp −$18 | 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 | −0.0152% | 1h | 1.1824 | +0.106% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0005% | 1h | 1.1822 | +0.092% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0081% | 4h | 1.1810 | −0.008% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1832 | +0.180% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1813 | +0.020% | $1.3M | $128K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1840 | +0.246% | $37.5M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1830 | +0.158% | $160K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1828 | +0.148% | $139K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1821 | +0.085% | $22.1M | $28.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1821 | +0.085% | $18.1M | $13.2M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Nado ZRO-PERP
Hyperliquid ZRO
Aster ZROUSDT
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 | 1.1821 | +0.085% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1810 | −0.008% | $1.3M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1821 | +0.085% | $19.4M | $2.6M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1832 | +0.178% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1820 | +0.076% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1823 | +0.102% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1801 | −0.081% | $2.3M | $759K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | +0.246% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1819 | +0.068% | $100K | $811K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1801 | −0.088% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0122% | 1h | 1.1820 | +0.076% | $98K | $218K | 20x | as long as short |
| BloFin ZRO-USDTlong | +0.0141% | 4h | 1.1811 | long leg | $1.0M | $199K | 75x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1812 | +0.006% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0426% | 1h | 1.1828 | +0.144% | $265K | $302K | 25x | as long as short |
| Extended ZRO-USDshort | +0.0448% | 1h | 1.1822 | +0.089% | $807K | $647K | 10x | |
| Injective ZRO/USDC PERP | +0.1271% | 1h | 1.1850 | +0.330% | $12K | $261K | 12x | 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
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP