Funding you earn now, next payment 02:00 UTC−0.1113%/8h= −121.9% APRpaid last 24h −0.136%
Price spread now: Aster against Injective−0.604%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$2372.370% of the position
Funding, last 5 days (all we have)+0.147%+$15 on $10k
+Price spread, last 3 days (all we have)+1.222%+$122 · spread now −0.604%, 7d avg +0.060%
=Together, before fees+1.369%+ Points / potential airdropAster: Stage 5 · farm board+$137 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Aster is 0.663% cheaper against Injective than usual: you would sell low and buy high (−$66 if the spread goes back to its 7-day average of +0.060%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.147%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.147% in total (about 9.9% 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 | Injective ZRO/USDC PERP | 1.1730 | 0.1213 | pay 0.0152% / 1h | 8m 39s | $12K | $260K | 12x |
| Short | Aster ZROUSDT | 1.1659 | 0.0100 | get 0.0050% / 4h | 2h 08m | $157K | $150K | 10x |
Injective ZRO/USDC PERP
Aster ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- −$233.82
- Price spread: −0.604% → +0.060%
- −$66.34
- Slippage, 4 orders
- −$228.99
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$537.18
- Costs to cover
- 2.370%
- Break-even
- never at this rate
Slippage from Injective: live order book, 60 min ago; Aster: live order book, 58 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 Injective live order book, 60 min ago | 33.70 bp | 33.7 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 58 min ago | 4.65 bp | 29.3 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
ZRO on 25 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 | −0.0224% | 1h | 1.1634 | −0.818% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0026% | 4h | 1.1648 | −0.699% | $17.9M | $13.9M | 50x | as long as short |
| dYdX ZRO-USD | +0.0003% | 1h | 1.1661 | −0.589% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDT | +0.0006% | 4h | 1.1640 | −0.767% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0031% | 4h | 1.1651 | −0.673% | $20K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1675 | −0.470% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1670 | −0.512% | $36.9M | $5.4M | 5x | as long as short |
| Aster ZROUSDTshort | +0.0100% | 4h | 1.1659 | −0.604% | $157K | $150K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1658 | −0.618% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1656 | −0.631% | $21.8M | $29.7M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
dYdX ZRO-USD
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1653 | −0.656% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1660 | −0.597% | $19.0M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1659 | −0.605% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1656 | −0.631% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1654 | −0.648% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1653 | −0.656% | $96K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1662 | −0.576% | $2.3M | $815K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | −0.426% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1656 | −0.631% | $91K | $838K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1645 | −0.721% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0231% | 1h | 1.1654 | −0.649% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1654 | −0.646% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0373% | 1h | 1.1669 | −0.524% | $250K | $400K | 25x | as long as short |
| Extended ZRO-USD | +0.0976% | 1h | 1.1657 | −0.622% | $780K | $591K | 10x | as long as short |
| Injective ZRO/USDC PERPlong | +0.1213% | 1h | 1.1730 | long leg | $12K | $260K | 12x |
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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD