Funding you earn now, next payment 00:00 UTC−0.1716%/8h= −187.9% APRpaid last 24h −0.121%
Price spread now: OKX against Extended+0.008%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$821as in the Funding arb table
Net, price: spread back to 7d avg − costs−$803as in the Price arb table
costs, in and out, $10k−$8038.034% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.008%, 7d avg +0.009%
=Together, before fees−0.226%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$51 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 -0.179% in total (about -9.3% 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 | 1.1782 | 0.1816 | pay 0.0227% / 1h | 0m 39s | $784K | $589K | 10x |
| Short | OKX ZRO-USDT-SWAP | 1.1783 | 0.0100 | get 0.0050% / 4h | 0m 39s | $3.2M | $8.1M | 20x |
Extended ZRO-USD
OKX ZRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$360.36
- Price spread: +0.008% → +0.009%
- −$0.05
- Slippage, 4 orders
- −$788.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,163.78
- Costs to cover
- 8.034%
- Break-even
- never at this rate
Slippage from Extended: live order book, 12 min ago; OKX: live order book, 2 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, 12 min ago | 13.16 bp | 747.4 bp −$747 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.40 bp | 14.5 bp −$15 | 82.8 bp −$828 | 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 | −0.0248% | 1h | 1.1771 | −0.092% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1782 | 0.000% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0064% | 4h | 1.1768 | −0.119% | $1.1M | $256K | 75x | as long as short |
| dYdX ZRO-USD | +0.0087% | 1h | 1.1787 | +0.041% | $21K | $3K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1790 | +0.067% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1794 | +0.102% | $37.4M | $6.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1796 | +0.117% | $158K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1785 | +0.025% | $137K | $173K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1784 | +0.013% | $22.1M | $30.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1778 | −0.034% | $18.0M | $14.3M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
dYdX ZRO-USD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
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-SWAPshort | +0.0100% | 4h | 1.1783 | +0.008% | $3.2M | $8.1M | 20x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | −0.017% | $1.4M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1785 | +0.025% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1780 | −0.017% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1787 | +0.042% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1782 | 0.000% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1785 | +0.025% | $98K | $204K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1767 | −0.124% | $2.3M | $879K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1790 | +0.068% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1786 | +0.034% | $94K | $823K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1775 | −0.059% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0132% | 1h | 1.1784 | +0.018% | $253K | $419K | 25x | as long as short |
| Nado ZRO-PERP | +0.0288% | 1h | 1.1778 | −0.031% | $1.3M | $123K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1783 | +0.005% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1820 | +0.323% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDlong | +0.1816% | 1h | 1.1782 | long leg | $784K | $589K | 10x |
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
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP