Funding you earn now, next payment 04:00 UTC−0.0916%/8h= −100.3% APRpaid last 24h −0.126%
Price spread now: Bitget against Extended+0.063%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,904as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,885as in the Price arb table
costs, in and out, $10k−$1,89018.903% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.063%, 7d avg +0.014%
=Together, before fees−0.412%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.049% dearer against Extended than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.014%): +$5 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.133% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.133% in total (about -6.9% 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 | 1.1644 | 0.1016 | pay 0.0127% / 1h | 54m 02s | $780K | $590K | 10x |
| Short | Bitget ZROUSDT | 1.1651 | 0.0100 | get 0.0050% / 4h | 54m 02s | $2.7M | $2.6M | 75x |
Extended ZRO-USD
Bitget ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$192.36
- Price spread: +0.063% → +0.014%
- $4.93
- Slippage, 4 orders
- −$1,873.32
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2,077.75
- Costs to cover
- 18.903%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Bitget: live order book, 3 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, 4 min ago | 20.56 bp | 1827.3 bp −$1,827 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.01 bp | 19.0 bp −$19 | 41.7 bp −$417 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | 0.0000% | 1h | 1.1662 | +0.158% | $21K | $4K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0008% | 1h | 1.1659 | +0.128% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1645 | +0.012% | $20K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1671 | +0.237% | $4.3M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1655 | +0.101% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1666 | +0.194% | $135K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1652 | +0.070% | $21.8M | $29.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1645 | +0.012% | $17.7M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1651 | +0.063% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1650 | +0.054% | $1.3M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit 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 | 1.1648 | +0.037% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1648 | +0.037% | $2.5M | $2.0M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.1651 | +0.063% | $2.7M | $2.6M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1656 | +0.106% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1655 | +0.097% | $98K | $196K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1657 | +0.111% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1640 | −0.031% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1664 | +0.175% | $98K | $844K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1648 | +0.039% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0105% | 4h | 1.1656 | +0.106% | $1.1M | $248K | 75x | as long as short |
| Nado ZRO-PERP | +0.0135% | 1h | 1.1657 | +0.112% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1655 | +0.097% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0382% | 1h | 1.1665 | +0.180% | $256K | $404K | 25x | as long as short |
| Hyperliquid ZRO | +0.0535% | 1h | 1.1668 | +0.209% | $36.9M | $5.4M | 5x | as long as short |
| Extended ZRO-USDlong | +0.1016% | 1h | 1.1644 | long leg | $780K | $590K | 10x | |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1720 | +0.656% | $12K | $260K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Injective ZRO/USDC PERP