Funding you earn now, next payment 22:00 UTC−0.1764%/8h= −193.2% APRpaid last 24h −0.027%
Price spread now: Aster against Extended+0.154%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,075as in the Price arb table
costs, in and out, $10k−$1,08310.830% of the position
Funding, last 5 days (all we have)−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.154%, 7d avg +0.073%
=Together, before fees−0.177%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.082% dearer against Extended than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of +0.073%): +$8 on $10k if it goes back. Holding the pair costs −$53 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 5 days (−0.034% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.034% in total (about -2.4% 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 | Extended ZRO-USD | 1.1866 | 0.1864 | pay 0.0233% / 1h | 14m 49s | $784K | $555K | 10x |
| Short | Aster ZROUSDT | 1.1885 | 0.0100 | get 0.0050% / 4h | 2h 14m | $159K | $160K | 10x |
Extended ZRO-USD
Aster ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$370.44
- Price spread: +0.154% → +0.073%
- $8.15
- Slippage, 4 orders
- −$1,069.96
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$1,445.25
- Costs to cover
- 10.830%
- Break-even
- never at this rate
Slippage from Extended: live order book, 8 min ago; Aster: live order book, 6 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 Extended live order book, 8 min ago | 12.59 bp | 959.9 bp −$960 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 4.64 bp | 47.8 bp −$48 | 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 | −0.0400% | 1h | 1.1838 | −0.242% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0048% | 4h | 1.1873 | +0.057% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0045% | 1h | 1.1867 | +0.005% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0087% | 4h | 1.1868 | +0.015% | $1.1M | $266K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1867 | +0.007% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1884 | +0.150% | $37.7M | $6.7M | 5x | as long as short |
| Aster ZROUSDTshort | +0.0100% | 4h | 1.1885 | +0.154% | $159K | $160K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1859 | −0.062% | $143K | $193K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1855 | −0.096% | $22.4M | $33.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1850 | −0.137% | $18.2M | $15.6M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
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 | 1.1858 | −0.070% | $3.2M | $9.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1870 | +0.032% | $1.4M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1856 | −0.086% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1882 | +0.133% | $3.0M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1866 | −0.002% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1877 | +0.091% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1881 | +0.124% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1844 | −0.184% | $2.3M | $861K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1860 | −0.053% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1864 | −0.019% | $87K | $920K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1870 | +0.032% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0158% | 1h | 1.1866 | +0.001% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1883 | +0.137% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0315% | 1h | 1.1889 | +0.188% | $252K | $571K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1900 | +0.284% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USDlong | +0.1864% | 1h | 1.1866 | long leg | $784K | $555K | 10x |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP