Funding you earn now, next payment 22:00 UTC−0.0868%/8h= −95.0% APRpaid last 24h −0.027%
Price spread now: BingX against Extended+0.013%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,101as in the Price arb table
costs, in and out, $10k−$2,10121.010% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.013%, 7d avg +0.008%
=Together, before fees−0.199%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$26 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 -0.035% in total (about -1.8% 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 | 0.0968 | pay 0.0121% / 1h | 46m 40s | $780K | $560K | 10x |
| Short | BingX ZRO-USDT | 1.1772 | 0.0100 | get 0.0050% / 4h | 2h 46m | — | $10.9M | — |
Extended ZRO-USD
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$182.28
- Price spread: +0.013% → +0.008%
- $0.45
- Slippage, 4 orders
- −$2,086.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,282.86
- Costs to cover
- 21.010%
- Break-even
- never at this rate
Slippage from Extended: live order book, 41 min ago; BingX: 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, 41 min ago | 294.54 bp | 1754.5 bp −$1,755 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 1.70 bp | 8.8 bp −$9 | 11.9 bp −$119 | 27.8 bp −$2,779 | 56.1 bp −$28.0K |
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 | −0.054% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0041% | 4h | 1.1778 | +0.064% | $21K | $7K | 10x | as long as short |
| Bybit ZROUSDT | −0.0037% | 4h | 1.1764 | −0.055% | $18.1M | $16.3M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1779 | +0.068% | $21K | $2K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0008% | 4h | 1.1772 | +0.013% | $3.2M | $9.2M | 20x | as long as short |
| BloFin ZRO-USDT | +0.0077% | 4h | 1.1776 | +0.047% | $1.1M | $265K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1786 | +0.130% | $4.6M | $1.2M | 5x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | −0.471% | $2.2M | $893K | — | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1791 | +0.174% | $37.4M | $7.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1789 | +0.160% | $157K | $162K | 10x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Bybit ZROUSDT
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 | 1.1774 | +0.029% | $143K | $197K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1772 | +0.016% | $22.3M | $34.1M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | +0.081% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1776 | +0.047% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1770 | −0.004% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1774 | +0.030% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1772 | +0.013% | — | $10.9M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1780 | +0.081% | $92K | $206K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | −0.344% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1783 | +0.106% | $86K | $996K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1772 | +0.016% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0201% | 1h | 1.1774 | +0.029% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1782 | +0.101% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1788 | +0.148% | $249K | $576K | 25x | as long as short |
| Extended ZRO-USDlong | +0.0968% | 1h | 1.1771 | long leg | $780K | $560K | 10x | |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1830 | +0.506% | $12K | $145K | 12x | as long as short |
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
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