Funding you earn now, next payment 03:00 UTC−0.0604%/8h= −66.1% APRnext payment −$0.75 per $10,000 · paid last 24h −0.126%
Price spread now: Pacifica against Extended+0.085%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.085%, 7d avg +0.039%
=Together, before fees−0.219%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.047% dearer against Extended than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.039%): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.169% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.169% in total (about -8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.75 per $10,000. 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 | 1.1760 | 0.0704 | pay 0.0088% / 1h | 17m 13s | $784K | $591K | 10x |
| Short | Pacifica ZRO | 1.1770 | 0.0100 | get 0.0013% / 1h | 17m 13s | $137K | $176K | 5x |
Extended ZRO-USD
Pacifica ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$126.84
- Price spread: +0.085% → +0.039%
- $4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$135.19
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 46 min ago; Pacifica: live order book, 45 min ago. Net counts fees only.
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, 46 min ago | 10.23 bp | 775.9 bp −$776 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 45 min ago | 5.12 bp | 14.6 bp −$15 | doesn't fit | 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 | −0.0296% | 1h | 1.1765 | +0.046% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | +0.0035% | 1h | 1.1764 | +0.032% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1763 | +0.025% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0075% | 4h | 1.1764 | +0.034% | $1.1M | $250K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1782 | +0.186% | $4.4M | $1.2M | 5x | as long as short |
| Gate ZRO_USDT | +0.0096% | 4h | 1.1760 | 0.000% | $1.4M | $1.5M | 75x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1780 | +0.167% | $159K | $149K | 10x | as long as short |
| Pacifica ZROshort | +0.0100% | 1h | 1.1770 | +0.085% | $137K | $176K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1762 | +0.015% | $22.0M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1754 | −0.052% | $17.9M | $14.0M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Gate ZRO_USDT
Aster ZROUSDT
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1765 | +0.042% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1763 | +0.025% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1765 | +0.042% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1753 | −0.060% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1766 | +0.051% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1770 | +0.085% | $97K | $195K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1734 | −0.219% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | −0.086% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1770 | +0.085% | $99K | $846K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1761 | +0.010% | $21K | — | 3x | as long as short |
| Hyperliquid ZRO | +0.0189% | 1h | 1.1781 | +0.178% | $37.3M | $5.5M | 5x | as long as short |
| Nado ZRO-PERP | +0.0193% | 1h | 1.1767 | +0.055% | $1.3M | $124K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0197% | 1h | 1.1777 | +0.143% | $259K | $407K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1765 | +0.044% | $3K | — | 100x | as long as short |
| Extended ZRO-USDlong | +0.0704% | 1h | 1.1760 | long leg | $784K | $591K | 10x | |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1830 | +0.595% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
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
Hyperliquid ZRO
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP