Funding you earn now, next payment 05:00 UTC−0.1035%/8h= −113.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.219%
Price spread now: 01 Exchange against Injective−0.844%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and 01 Exchange is 0.844% cheaper against Injective than usual: you would sell low and buy high (−$84 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ZRO/USDC PERP | 1.1800 | 0.1363 | pay 0.0170% / 1h | 8m 24s | $12K | $261K | 12x |
| Short | 01 Exchange ZROUSD | 1.1700 | 0.0328 | get 0.0041% / 1h | 8m 24s | $7K | $3K | 5x |
Injective ZRO/USDC PERP
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$217.27
- Price spread: −0.844% → 0.000%
- −$84.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$308.7
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 46 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 Injective live order book, 46 min ago | 29.65 bp | 29.7 bp −$30 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0052% | 4h | 1.1708 | −0.780% | $20K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0072% | 4h | 1.1692 | −0.915% | $1.1M | $249K | 75x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1713 | −0.741% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1700 | −0.848% | $136K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1706 | −0.797% | $22.0M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1701 | −0.839% | $17.9M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1709 | −0.771% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1690 | −0.932% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1701 | −0.839% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1692 | −0.915% | $2.3M | $2.0M | 50x | as long as short |
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTMShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZROUSDT | +0.0100% | 4h | 1.1698 | −0.864% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1701 | −0.839% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1691 | −0.924% | $96K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | −0.718% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1760 | −0.339% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1710 | −0.763% | $99K | $844K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1701 | −0.837% | $21K | — | 3x | as long as short |
| Lighter ZRO | +0.0112% | 1h | 1.1721 | −0.668% | $4.4M | $1.2M | 5x | as long as short |
| dYdX ZRO-USD | +0.0131% | 1h | 1.1699 | −0.857% | $21K | $4K | 5x | as long as short |
| Nado ZRO-PERP | +0.0212% | 1h | 1.1702 | −0.829% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1705 | −0.806% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSDshort | +0.0328% | 1h | 1.1700 | −0.844% | $7K | $3K | 5x | |
| Kraken Futures PF_ZROUSD | +0.0463% | 1h | 1.1716 | −0.711% | $256K | $355K | 25x | as long as short |
| Hyperliquid ZRO | +0.0527% | 1h | 1.1717 | −0.703% | $37.2M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1032% | 1h | 1.1706 | −0.800% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERPlong | +0.1363% | 1h | 1.1800 | long leg | $12K | $261K | 12x |
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Lighter ZRO
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD