Funding you earn now, next payment 22:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h +0.036%
Price spread now: Pacifica against Orderly+0.002%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: +$4 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 | 1.1761 | −0.0037 | get 0.0018% / 4h | 2h 52m | $21K | $7K | 10x |
| Short | Pacifica ZRO | 1.1761 | 0.0100 | get 0.0013% / 1h | 52m 48s | $143K | $201K | 5x |
Orderly PERP_ZRO_USDC
Pacifica ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $28.72
- Price spread: +0.002% → 0.000%
- $0.2
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $14.92
- Costs to cover
- 0.140%
- Break-even
- 3.4 days
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 35 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 Pacifica live order book, 35 min ago | 4.24 bp | 21.1 bp −$21 | 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 | −0.0128% | 1h | 1.1781 | +0.166% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDClong | −0.0037% | 4h | 1.1761 | long leg | $21K | $7K | 10x | |
| Bybit ZROUSDT | −0.0030% | 4h | 1.1741 | −0.170% | $18.0M | $16.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0010% | 4h | 1.1739 | −0.187% | $3.2M | $9.2M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1758 | −0.023% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0061% | 4h | 1.1750 | −0.094% | $1.1M | $265K | 75x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1765 | +0.034% | $37.4M | $7.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1766 | +0.043% | $157K | $163K | 10x | as long as short |
| Pacifica ZROshort | +0.0100% | 1h | 1.1761 | +0.002% | $143K | $201K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1744 | −0.149% | $22.2M | $34.4M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
dYdX ZRO-USD
BloFin ZRO-USDT
Hyperliquid ZRO
Aster ZROUSDT
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1750 | −0.094% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1744 | −0.145% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1760 | −0.009% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1759 | −0.017% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1750 | −0.094% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1762 | +0.009% | $92K | $209K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1766 | +0.042% | $2.2M | $893K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | +0.077% | $37K | $683K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1776 | +0.128% | $86K | $1.0M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1783 | +0.190% | $21K | — | 3x | as long as short |
| Lighter ZRO | +0.0152% | 1h | 1.1754 | −0.058% | $4.6M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0235% | 1h | 1.1760 | −0.011% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1773 | +0.105% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0319% | 1h | 1.1771 | +0.083% | $249K | $574K | 25x | as long as short |
| Extended ZRO-USD | +0.0512% | 1h | 1.1749 | −0.102% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1830 | +0.587% | $12K | $145K | 12x | as long as short |
Gate ZRO_USDT
MEXC 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
Lighter ZRO
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP