Funding you earn now, next payment 22:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.027%
Price spread now: Extended against Pacifica−0.089%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,129as in the Price arb table
costs, in and out, $10k−$2,12321.231% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.089%, 7d avg −0.034%
=Together, before fees+0.123%+ Points / potential airdropPacifica: Active · Extended: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.055% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.034%). If the spread goes back, that is −$6 on $10k: about 31 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.069% in total) that is about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZRO | 1.1778 | 0.0100 | pay 0.0013% / 1h | 56m 14s | $143K | $201K | 5x |
| Short | Extended ZRO-USD | 1.1768 | 0.0240 | get 0.0030% / 1h | 56m 14s | $780K | $559K | 10x |
Pacifica ZRO
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Pacifica. 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
- $29.4
- Price spread: −0.089% → −0.034%
- −$5.51
- Slippage, 4 orders
- −$2,110.14
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$2,099.24
- Costs to cover
- 21.231%
- Break-even
- 506.8 days
Slippage from Pacifica: live order book, 31 min ago; Extended: live order book, 31 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 Pacifica live order book, 31 min ago | 4.24 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 31 min ago | 294.54 bp | 328.8 bp −$329 | 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 | −0.0272% | 1h | 1.1777 | −0.009% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0036% | 4h | 1.1777 | −0.008% | $21K | $7K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0016% | 4h | 1.1769 | −0.076% | $3.2M | $9.2M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1778 | −0.004% | $21K | $2K | 5x | as long as short |
| Bybit ZROUSDT | +0.0007% | 4h | 1.1762 | −0.136% | $18.1M | $16.4M | 50x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1793 | +0.128% | $37.5M | $7.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1782 | +0.035% | $157K | $165K | 10x | as long as short |
| Pacifica ZROlong | +0.0100% | 1h | 1.1778 | long leg | $143K | $201K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1773 | −0.039% | $22.3M | $34.7M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | −0.153% | $1.3M | $2.0M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
OKX ZRO-USDT-SWAP
dYdX ZRO-USD
Bybit ZROUSDT
Hyperliquid ZRO
Aster ZROUSDT
Binance ZROUSDT
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1774 | −0.034% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1769 | −0.076% | $2.5M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1771 | −0.059% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1770 | −0.068% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1777 | −0.008% | $92K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1788 | +0.087% | $2.2M | $892K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | −0.068% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1781 | +0.026% | $86K | $1.0M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1770 | −0.068% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0136% | 4h | 1.1760 | −0.153% | $1.1M | $265K | 75x | as long as short |
| Lighter ZRO | +0.0192% | 1h | 1.1783 | +0.045% | $4.7M | $1.2M | 5x | as long as short |
| Extended ZRO-USDshort | +0.0240% | 1h | 1.1768 | −0.089% | $780K | $559K | 10x | |
| Nado ZRO-PERP | +0.0247% | 1h | 1.1772 | −0.052% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1782 | +0.038% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1786 | +0.067% | $249K | $574K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1800 | +0.187% | $12K | $145K | 12x | as long as short |
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
BloFin ZRO-USDT
Lighter ZRO
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP