Funding you earn now, next payment 07:00 UTC−0.0410%/8h= −44.9% APRnext payment −$0.51 per $10,000 · paid last 24h +0.056%
Price spread now: Aevo against Kraken Futures−0.117%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$12 a day on $10k at the current rate, and Aevo is 0.117% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 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 | Kraken Futures PF_ZROUSD | 1.1702 | 0.0514 | pay 0.0064% / 1h | 6m 39s | $254K | $298K | 25x |
| Short | Aevo ZRO-PERP | 1.1688 | 0.0104 | get 0.0013% / 1h | 6m 39s | $21K | — | 3x |
Kraken Futures PF_ZROUSD
Aevo ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Kraken Futures. 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
- −$86.08
- Price spread: −0.117% → 0.000%
- −$11.74
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$123.82
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 36 min ago; Aevo: 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 Kraken Futures live order book, 36 min ago | 31.62 bp | 37.4 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0028% | 1h | 1.1685 | −0.147% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0051% | 4h | 1.1675 | −0.232% | $1.0M | $202K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0072% | 1h | 1.1676 | −0.220% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0093% | 4h | 1.1691 | −0.095% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1708 | +0.051% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1699 | −0.027% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1691 | −0.097% | $158K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1689 | −0.112% | $137K | $171K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1691 | −0.097% | $21.9M | $29.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1686 | −0.138% | $17.9M | $13.3M | 50x | as long as short |
dYdX ZRO-USD
BloFin ZRO-USDT
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
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 | 1.1690 | −0.104% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1670 | −0.275% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1690 | −0.104% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1683 | −0.163% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1679 | −0.198% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1687 | −0.129% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1663 | −0.336% | $2.3M | $770K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | −0.104% | $39K | $669K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1684 | −0.155% | $99K | $817K | 5x | as long as short |
| Aevo ZRO-PERPshort | +0.0104% | 1h | 1.1688 | −0.117% | $21K | — | 3x | |
| Backpack ZRO_USDC_PERP | +0.0217% | 1h | 1.1695 | −0.061% | $95K | $216K | 20x | as long as short |
| Nado ZRO-PERP | +0.0258% | 1h | 1.1684 | −0.152% | $1.3M | $128K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1692 | −0.082% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSDlong | +0.0514% | 1h | 1.1702 | long leg | $254K | $298K | 25x | |
| Extended ZRO-USD | +0.0760% | 1h | 1.1687 | −0.132% | $800K | $634K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1730 | +0.238% | $12K | $261K | 12x | as long as short |
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
Backpack ZRO_USDC_PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP