Funding you earn now, next payment 01:00 UTC+0.0166%/8h= +18.2% APRpaid last 24h 0.000%
Price spread now: Pacifica against Gate+0.068%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$920.918% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.068%, 7d avg +0.003%
=Together, before fees−0.081%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Pacifica is 0.065% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1740 | −0.0066 | get 0.0033% / 4h | 3h 46m | $1.3M | $1.5M | 75x |
| Short | Pacifica ZRO | 1.1748 | 0.0100 | get 0.0013% / 1h | 46m 51s | $136K | $171K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Gate. 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
- $34.86
- Price spread: +0.068% → +0.003%
- $6.53
- Slippage, 4 orders
- −$68.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$50.45
- Costs to cover
- 0.918%
- Break-even
- 17.1 days
Slippage from Gate: live order book, 1 min ago; Pacifica: live order book, 26 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 Gate live order book, 1 min ago | 8.52 bp | 29.4 bp −$29 | 61.0 bp −$610 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 26 min ago | 6.39 bp | 17.7 bp −$18 | 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 | −0.0160% | 1h | 1.1747 | +0.059% | $7K | $3K | 5x | as long as short |
| Gate ZRO_USDTlong | −0.0066% | 4h | 1.1740 | long leg | $1.3M | $1.5M | 75x | |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1751 | +0.094% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0022% | 1h | 1.1739 | −0.012% | $21K | $3K | 5x | as long as short |
| ApeX Omni ZROUSDT | +0.0076% | 1h | 1.1730 | −0.085% | $37K | $689K | 50x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1756 | +0.135% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1760 | +0.170% | $37.2M | $5.9M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1757 | +0.148% | $157K | $149K | 10x | as long as short |
| Pacifica ZROshort | +0.0100% | 1h | 1.1748 | +0.068% | $136K | $171K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1748 | +0.072% | $22.1M | $30.5M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | +0.0100% | 4h | 1.1739 | −0.009% | $17.9M | $14.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1747 | +0.060% | $3.2M | $8.1M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1748 | +0.068% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1739 | −0.009% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1740 | 0.000% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1746 | +0.051% | — | $14.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1734 | −0.054% | $2.3M | $874K | — | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1752 | +0.102% | $91K | $830K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1746 | +0.054% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0152% | 4h | 1.1746 | +0.051% | $1.1M | $256K | 75x | as long as short |
| Nado ZRO-PERP | +0.0241% | 1h | 1.1748 | +0.067% | $1.3M | $129K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0246% | 1h | 1.1755 | +0.128% | $99K | $206K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1749 | +0.073% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0302% | 1h | 1.1757 | +0.141% | $252K | $412K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1790 | +0.426% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1472% | 1h | 1.1743 | +0.027% | $780K | $589K | 10x | as long as short |
Gate ZRO_USDT
Pacifica ZRO
01 Exchange ZROUSD
ApeX Omni ZROUSDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD