Funding you earn now, next payment 22:00 UTC−0.0788%/8h= −86.3% APRpaid last 24h −0.027%
Price spread now: Binance against Extended+0.008%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,111as in the Price arb table
costs, in and out, $10k−$2,10921.092% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.008%, 7d avg +0.025%
=Together, before fees−0.107%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$24 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% 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 | 1.1771 | 0.0888 | pay 0.0111% / 1h | 47m 53s | $780K | $560K | 10x |
| Short | Binance ZROUSDT | 1.1772 | 0.0100 | get 0.0050% / 4h | 2h 47m | $22.3M | $34.3M | 75x |
Extended ZRO-USD
Binance ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$165.48
- Price spread: +0.008% → +0.025%
- −$1.63
- Slippage, 4 orders
- −$2,094.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$2,276.32
- Costs to cover
- 21.092%
- Break-even
- never at this rate
Slippage from Extended: live order book, 40 min ago; Binance: live order book, 9 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, 40 min ago | 294.54 bp | 1754.5 bp −$1,755 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.43 bp | 13.8 bp −$14 | 35.3 bp −$353 | 220.3 bp −$22.0K | 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 | −0.0288% | 1h | 1.1749 | −0.184% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0056% | 4h | 1.1765 | −0.051% | $18.1M | $16.3M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0040% | 4h | 1.1785 | +0.119% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1761 | −0.089% | $21K | $2K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0005% | 4h | 1.1775 | +0.034% | $3.2M | $9.2M | 20x | as long as short |
| BloFin ZRO-USDT | +0.0062% | 4h | 1.1752 | −0.161% | $1.1M | $264K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1787 | +0.138% | $4.6M | $1.2M | 5x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | −0.475% | $2.2M | $893K | — | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1789 | +0.157% | $37.4M | $7.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1785 | +0.119% | $157K | $162K | 10x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
BloFin ZRO-USDT
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 | 1.1758 | −0.110% | $143K | $197K | 5x | as long as short |
| Binance ZROUSDTshort | +0.0100% | 4h | 1.1772 | +0.008% | $22.3M | $34.3M | 75x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | +0.076% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1773 | +0.017% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1769 | −0.017% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1776 | +0.042% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1772 | +0.008% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1788 | +0.144% | $92K | $206K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | −0.348% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1777 | +0.051% | $86K | $998K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1790 | +0.161% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0208% | 1h | 1.1752 | −0.164% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1794 | +0.194% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1797 | +0.223% | $250K | $576K | 25x | as long as short |
| Extended ZRO-USDlong | +0.0888% | 1h | 1.1771 | long leg | $780K | $560K | 10x | |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1790 | +0.161% | $12K | $145K | 12x | as long as short |
Pacifica ZRO
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
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
Injective ZRO/USDC PERP