Funding you earn now, next payment 04:00 UTC+0.1068%/8h= +116.9% APRpaid last 24h +0.136%
Price spread now: Extended against KuCoin+0.132%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,931as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,929as in the Price arb table
costs, in and out, $10k−$1,94619.462% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.132%, 7d avg −0.043%
=Together, before fees+0.140%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Extended is 0.175% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.043%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.152% in total (about 7.9% 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 | KuCoin ZROUSDTM | 1.1577 | 0.0100 | pay 0.0050% / 4h | 43m 06s | $2.4M | $2.0M | 50x |
| Short | Extended ZRO-USD | 1.1592 | 0.1168 | get 0.0146% / 1h | 43m 06s | $776K | $590K | 10x |
KuCoin ZROUSDTM
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- $224.28
- Price spread: +0.132% → −0.043%
- $17.49
- Slippage, 4 orders
- −$1,929.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$1,704.4
- Costs to cover
- 19.462%
- Break-even
- 60.2 days
Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 15 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 KuCoin live order book, 4 min ago | 6.91 bp | 49.9 bp −$50 | 165.0 bp −$1,650 | doesn't fit | doesn't fit |
| Sell Extended live order book, 15 min ago | 20.56 bp | 26.3 bp −$26 | 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 | −0.0016% | 1h | 1.1608 | +0.267% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | +0.0003% | 1h | 1.1609 | +0.279% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1600 | +0.199% | $20K | $5K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0074% | 1h | 1.1594 | +0.147% | $97K | $196K | 20x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1619 | +0.358% | $4.3M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1601 | +0.205% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1611 | +0.294% | $135K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1589 | +0.103% | $21.6M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1581 | +0.035% | $17.7M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1587 | +0.086% | $3.1M | $7.9M | 20x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Backpack ZRO_USDC_PERP
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1590 | +0.112% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1586 | +0.078% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1577 | long leg | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1582 | +0.043% | $2.6M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1585 | +0.069% | — | $16.4M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1578 | +0.007% | $2.2M | $811K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1590 | +0.112% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1608 | +0.268% | $98K | $844K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1590 | +0.112% | $20K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0109% | 4h | 1.1603 | +0.225% | $1.1M | $247K | 75x | as long as short |
| Nado ZRO-PERP | +0.0190% | 1h | 1.1607 | +0.257% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1601 | +0.205% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0384% | 1h | 1.1606 | +0.249% | $255K | $404K | 25x | as long as short |
| Hyperliquid ZRO | +0.0476% | 1h | 1.1600 | +0.199% | $36.7M | $5.5M | 5x | as long as short |
| Extended ZRO-USDshort | +0.1168% | 1h | 1.1592 | +0.132% | $776K | $590K | 10x | |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1660 | +0.717% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Injective ZRO/USDC PERP