Funding you earn now, next payment 22:00 UTC−0.0436%/8h= −47.7% APRnext payment −$0.54 per $10,000 · paid last 24h −0.051%
Price spread now: 01 Exchange against Pacifica−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and 01 Exchange is 0.073% cheaper against Pacifica than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZRO | 1.1774 | 0.0100 | pay 0.0013% / 1h | 45m 34s | $143K | $197K | 5x |
| Short | 01 Exchange ZROUSD | 1.1765 | −0.0336 | pay 0.0042% / 1h | 45m 34s | $7K | $3K | 5x |
Pacifica ZRO
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$91.56
- Price spread: −0.073% → 0.000%
- −$7.35
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$113.91
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 42 min ago; 01 Exchange: no order-book sample. 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 Pacifica live order book, 42 min ago | 4.24 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 ZROUSDshort | −0.0336% | 1h | 1.1765 | −0.073% | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | −0.0042% | 4h | 1.1780 | +0.050% | $21K | $7K | 10x | as long as short |
| Bybit ZROUSDT | −0.0042% | 4h | 1.1767 | −0.061% | $18.1M | $16.2M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1779 | +0.037% | $21K | $2K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0014% | 4h | 1.1778 | +0.033% | $3.2M | $9.2M | 20x | as long as short |
| BloFin ZRO-USDT | +0.0077% | 4h | 1.1776 | +0.016% | $1.1M | $265K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1789 | +0.126% | $4.6M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1793 | +0.160% | $37.5M | $7.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1788 | +0.120% | $157K | $162K | 10x | as long as short |
| Pacifica ZROlong | +0.0100% | 1h | 1.1774 | long leg | $143K | $197K | 5x |
Orderly PERP_ZRO_USDC
Bybit ZROUSDT
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1774 | −0.001% | $22.3M | $34.1M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | +0.050% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1777 | +0.024% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1770 | −0.035% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1775 | +0.007% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1773 | −0.010% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1782 | +0.067% | $92K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1763 | −0.094% | $2.2M | $878K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1780 | +0.050% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1784 | +0.084% | $86K | $996K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1772 | −0.018% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0199% | 1h | 1.1775 | +0.006% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1782 | +0.067% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1788 | +0.114% | $249K | $576K | 25x | as long as short |
| Extended ZRO-USD | +0.1032% | 1h | 1.1774 | +0.003% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1830 | +0.474% | $12K | $145K | 12x | as long as short |
Binance ZROUSDT
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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP