Funding you earn now, next payment 06:00 UTC−0.0870%/8h= −95.2% APRpaid last 24h −0.157%
Price spread now: BloFin against Extended+0.017%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$926as in the Funding arb table
Net, price: spread back to 7d avg − costs−$909as in the Price arb table
costs, in and out, $10k−$9099.086% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.017%, 7d avg +0.019%
=Together, before fees−0.246%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, 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 -0.176% in total (about -9.2% 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 | 1.1687 | 0.0984 | pay 0.0123% / 1h | 19m 01s | $799K | $625K | 10x |
| Short | BloFin ZRO-USDT | 1.1689 | 0.0114 | get 0.0057% / 4h | 2h 19m | $1.0M | $250K | 75x |
Extended ZRO-USD
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$182.6
- Price spread: +0.017% → +0.019%
- −$0.19
- Slippage, 4 orders
- −$891.63
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,091.41
- Costs to cover
- 9.086%
- Break-even
- never at this rate
Slippage from Extended: live order book, 29 min ago; BloFin: 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, 29 min ago | 12.40 bp | 853.7 bp −$854 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.86 bp | 25.3 bp −$25 | 56.5 bp −$565 | 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 | +0.0009% | 1h | 1.1688 | +0.012% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0068% | 4h | 1.1691 | +0.034% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1712 | +0.217% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1693 | +0.051% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1687 | −0.002% | $157K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1687 | 0.000% | $137K | $175K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1687 | −0.002% | $21.8M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1682 | −0.043% | $17.9M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1687 | 0.000% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1680 | −0.060% | $1.3M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid 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 | 1.1688 | +0.008% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1681 | −0.052% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1679 | −0.069% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1683 | −0.035% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1692 | +0.042% | $94K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1633 | −0.458% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1580 | −0.916% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1698 | +0.094% | $102K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1657 | −0.260% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDTshort | +0.0114% | 4h | 1.1689 | +0.017% | $1.0M | $250K | 75x | |
| 01 Exchange ZROUSD | +0.0120% | 1h | 1.1702 | +0.124% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0175% | 1h | 1.1695 | +0.072% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1693 | +0.055% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0703% | 1h | 1.1702 | +0.131% | $253K | $335K | 25x | as long as short |
| Extended ZRO-USDlong | +0.0984% | 1h | 1.1687 | long leg | $799K | $625K | 10x | |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1730 | +0.368% | $12K | $261K | 12x | as long as short |
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
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP