Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.035%
Price spread now: Aster against Orderly+0.011%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZRO_USDC | 1.1701 | 0.0090 | pay 0.0045% / 4h | 1h 43m | $20K | $4K | 10x |
| Short | Aster ZROUSDT | 1.1702 | 0.0100 | get 0.0050% / 4h | 1h 43m | $158K | $151K | 10x |
Orderly PERP_ZRO_USDC
Aster ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- $2.1
- Price spread: +0.011% → 0.000%
- $1.11
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$10.79
- Costs to cover
- 0.140%
- Break-even
- 43.0 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 63 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 63 min ago | 4.73 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0032% | 1h | 1.1716 | +0.127% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0069% | 1h | 1.1698 | −0.026% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0086% | 4h | 1.1706 | +0.043% | $1.0M | $202K | 75x | as long as short |
| Orderly PERP_ZRO_USDClong | +0.0090% | 4h | 1.1701 | long leg | $20K | $4K | 10x | |
| Lighter ZRO | +0.0096% | 1h | 1.1720 | +0.165% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1711 | +0.085% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDTshort | +0.0100% | 4h | 1.1702 | +0.011% | $158K | $151K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1701 | +0.003% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1701 | +0.004% | $21.9M | $29.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1692 | −0.077% | $17.9M | $13.5M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
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 | 1.1697 | −0.034% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1700 | −0.009% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1706 | +0.043% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1695 | −0.051% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1698 | −0.026% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1702 | +0.009% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1666 | −0.295% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1710 | +0.077% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1714 | +0.111% | $99K | $819K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0101% | 1h | 1.1704 | +0.026% | $95K | $220K | 20x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1700 | −0.009% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0192% | 1h | 1.1702 | +0.010% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1712 | +0.092% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0514% | 1h | 1.1706 | +0.046% | $254K | $307K | 25x | as long as short |
| Extended ZRO-USD | +0.0728% | 1h | 1.1703 | +0.020% | $799K | $626K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1750 | +0.419% | $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
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP