Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against Bybit−0.114%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now −0.114%, 7d avg −0.005%
=Together, before fees+0.099%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.109% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZROUSDT | 1.1796 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $18.0M | $14.1M | 50x |
| Short | Variational Omni ZRO | 1.1783 | 0.0100 | get 0.0050% / 4h | 3h 18m | $2.3M | $854K | — |
Bybit ZROUSDT
Variational Omni ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- $0
- Price spread: −0.114% → −0.005%
- −$10.92
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.92
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, just now; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
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 Bybit live order book, just now | 1.27 bp | 14.9 bp −$15 | 39.4 bp −$394 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.60 bp | doesn't fit | 43.9 bp −$439 | 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 | −0.0096% | 1h | 1.1764 | −0.273% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1786 | −0.085% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1801 | +0.042% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1814 | +0.153% | $37.4M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1777 | −0.165% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1768 | −0.237% | $136K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1800 | +0.030% | $22.2M | $30.2M | 75x | as long as short |
| Bybit ZROUSDTlong | +0.0100% | 4h | 1.1796 | long leg | $18.0M | $14.1M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1802 | +0.051% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | −0.136% | $1.4M | $1.5M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance 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 | 1.1803 | +0.059% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1785 | −0.093% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1805 | +0.076% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1795 | −0.008% | — | $14.7M | — | as long as short |
| Variational Omni ZROshort | +0.0100% | 4h | 1.1783 | −0.114% | $2.3M | $854K | — | |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1800 | +0.034% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1775 | −0.178% | $91K | $826K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1785 | −0.093% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0109% | 4h | 1.1800 | +0.034% | $1.1M | $254K | 75x | as long as short |
| dYdX ZRO-USD | +0.0230% | 1h | 1.1777 | −0.160% | $21K | $3K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1784 | −0.104% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0301% | 1h | 1.1810 | +0.120% | $253K | $410K | 25x | as long as short |
| Nado ZRO-PERP | +0.0305% | 1h | 1.1767 | −0.246% | $1.3M | $128K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0374% | 1h | 1.1806 | +0.085% | $98K | $205K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1840 | +0.373% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1272% | 1h | 1.1788 | −0.066% | $784K | $589K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD