Funding you earn now, next payment 04:00 UTC−0.1160%/8h= −127.0% APRnext payment −$1.45 per $10,000 · paid last 24h −0.208%
Price spread now: 01 Exchange against Extended+0.078%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. 01 Exchange is 0.078% dearer against Extended than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZRO-USD | 1.1581 | 0.1096 | pay 0.0137% / 1h | 47m 23s | $776K | $590K | 10x |
| Short | 01 Exchange ZROUSD | 1.1590 | −0.0064 | pay 0.0008% / 1h | 47m 23s | $7K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$243.6
- Price spread: +0.078% → 0.000%
- $7.84
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$247.76
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 11 min ago; 01 Exchange: no order-book sample. 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, 11 min ago | 20.56 bp | 1827.3 bp −$1,827 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 ZROUSDshort | −0.0064% | 1h | 1.1590 | +0.078% | $7K | $3K | 5x | |
| dYdX ZRO-USD | +0.0004% | 1h | 1.1575 | −0.051% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1571 | −0.089% | $20K | $5K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0067% | 1h | 1.1575 | −0.055% | $97K | $196K | 20x | as long as short |
| BloFin ZRO-USDT | +0.0071% | 4h | 1.1570 | −0.098% | $1.1M | $246K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1589 | +0.067% | $4.3M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1584 | +0.020% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1581 | −0.003% | $134K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1571 | −0.089% | $21.6M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1565 | −0.141% | $17.6M | $13.9M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1581 | −0.003% | $3.1M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1570 | −0.098% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1572 | −0.080% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1568 | −0.115% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1564 | −0.150% | $2.6M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1569 | −0.106% | — | $16.4M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1590 | +0.075% | $2.2M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1580 | −0.011% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1589 | +0.066% | $97K | $844K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1567 | −0.124% | $20K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0228% | 1h | 1.1586 | +0.037% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1574 | −0.067% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0384% | 1h | 1.1587 | +0.045% | $255K | $404K | 25x | as long as short |
| Hyperliquid ZRO | +0.0483% | 1h | 1.1593 | +0.101% | $36.7M | $5.4M | 5x | as long as short |
| Extended ZRO-USDlong | +0.1096% | 1h | 1.1581 | long leg | $776K | $590K | 10x | |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1630 | +0.420% | $12K | $260K | 12x | as long as short |
Extended ZRO-USD
01 Exchange ZROUSD
Backpack ZRO_USDC_PERP
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Injective ZRO/USDC PERP