Funding you earn now, next payment 23:00 UTC+0.2308%/8h= +252.7% APRpaid last 24h +0.055%
Price spread now: Extended against MEXC−0.030%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,022as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,031as in the Price arb table
costs, in and out, $10k−$1,03110.311% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.030%, 7d avg −0.028%
=Together, before fees+0.228%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$69 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.8% 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 | MEXC ZRO_USDT | 1.1847 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $19.2M | $3.1M | 125x |
| Short | Extended ZRO-USD | 1.1844 | 0.2408 | get 0.0301% / 1h | 8m 57s | $784K | $560K | 10x |
MEXC ZRO_USDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- $484.68
- Price spread: −0.030% → −0.028%
- −$0.15
- Slippage, 4 orders
- −$1,026.14
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$546.6
- Costs to cover
- 10.311%
- Break-even
- 14.9 days
Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 9 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 MEXC live order book, 5 min ago | 0.85 bp | 5.7 bp −$6 | 46.6 bp −$466 | 85.5 bp −$8,554 | 393.0 bp −$196.5K |
| Sell Extended live order book, 9 min ago | 13.07 bp | 27.8 bp −$28 | 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 | −0.0448% | 1h | 1.1853 | +0.047% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0024% | 4h | 1.1850 | +0.025% | $21K | $7K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1858 | +0.089% | $254K | $478K | 25x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1848 | +0.013% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1863 | +0.135% | $37.7M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1858 | +0.089% | $158K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1851 | +0.032% | $137K | $181K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1845 | −0.021% | $22.2M | $31.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1837 | −0.084% | $18.1M | $14.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1846 | −0.008% | $3.2M | $8.5M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Kraken Futures PF_ZROUSD
Lighter ZRO
Hyperliquid 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 | 1.1850 | +0.025% | $1.4M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1847 | long leg | $19.2M | $3.1M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1838 | −0.076% | $2.5M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1843 | −0.034% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1844 | −0.025% | — | $10.8M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1854 | +0.059% | $101K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1828 | −0.157% | $2.3M | $868K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | +0.025% | $37K | $685K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1856 | +0.076% | $89K | $865K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1856 | +0.079% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0111% | 4h | 1.1840 | −0.059% | $1.1M | $263K | 75x | as long as short |
| dYdX ZRO-USD | +0.0164% | 1h | 1.1850 | +0.026% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0192% | 1h | 1.1851 | +0.035% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1848 | +0.013% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1880 | +0.279% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDshort | +0.2408% | 1h | 1.1844 | −0.030% | $784K | $560K | 10x |
Gate 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
BloFin ZRO-USDT
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP