Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Variational Omni+0.358%7-day average +0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.398%−$40 · spread now +0.358%, 7d avg +0.048%
=Together, before fees−0.384%+ Points / potential airdropVariational Omni: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.310% dearer against Variational Omni than usual: you sell high and buy low (spread +0.358% now, against its 7-day average of +0.048%): +$31 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZRO | 1.1658 | 0.0100 | pay 0.0050% / 4h | 47m 04s | $2.3M | $771K | — |
| Short | BloFin ZRO-USDT | 1.1700 | 0.0090 | get 0.0045% / 4h | 47m 04s | $1.0M | $205K | 75x |
Variational Omni ZRO
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Variational Omni. 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
- −$2.05
- Price spread: +0.358% → +0.048%
- $31.05
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $16.99
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BloFin: live order book, 5 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 Variational Omni RFQ quote, 2 min ago | 5.31 bp | doesn't fit | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.28 bp | 22.1 bp −$22 | 41.6 bp −$416 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | 0.0000% | 1h | 1.1709 | +0.433% | $21K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0088% | 1h | 1.1718 | +0.509% | $4K | $5K | 5x | as long as short |
| BloFin ZRO-USDTshort | +0.0090% | 4h | 1.1700 | +0.358% | $1.0M | $205K | 75x | |
| Orderly PERP_ZRO_USDC | +0.0094% | 4h | 1.1711 | +0.453% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1728 | +0.601% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1717 | +0.501% | $1.3M | $128K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1716 | +0.496% | $37.1M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1705 | +0.403% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1710 | +0.444% | $138K | $171K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1705 | +0.403% | $21.9M | $28.9M | 75x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Nado ZRO-PERP
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | +0.0100% | 4h | 1.1705 | +0.401% | $17.9M | $13.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1700 | +0.358% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1700 | +0.358% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1710 | +0.444% | $19.2M | $2.6M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1703 | +0.384% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1700 | +0.358% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1703 | +0.384% | — | $21.8M | — | as long as short |
| Variational Omni ZROlong | +0.0100% | 4h | 1.1658 | long leg | $2.3M | $771K | — | |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | +0.273% | $39K | $669K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1719 | +0.521% | $99K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1703 | +0.386% | $21K | — | 3x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1714 | +0.478% | $3K | — | 100x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0342% | 1h | 1.1710 | +0.444% | $95K | $214K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0430% | 1h | 1.1717 | +0.501% | $255K | $298K | 25x | as long as short |
| Extended ZRO-USD | +0.0736% | 1h | 1.1709 | +0.439% | $797K | $647K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1271% | 1h | 1.1750 | +0.787% | $12K | $261K | 12x | as long as short |
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Backpack ZRO_USDC_PERP
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP