Funding you earn now, next payment 03:00 UTC+0.0604%/8h= +66.1% APRpaid last 24h +0.127%
Price spread now: Extended against Variational Omni+0.213%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.135%+$14 on $10k
+Price spread, last 4 days (all we have)+0.288%+$29 · spread now +0.213%, 7d avg +0.009%
=Together, before fees+0.423%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Extended is 0.204% dearer against Variational Omni than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.009%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.135% in total (about 14.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZRO | 1.1734 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $2.3M | $810K | — |
| Short | Extended ZRO-USD | 1.1759 | 0.0704 | get 0.0088% / 1h | 16m 58s | $784K | $591K | 10x |
Variational Omni ZRO
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $126.84
- Price spread: +0.213% → +0.009%
- $20.43
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $142.27
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Extended: live order book, 46 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 | 4.43 bp | doesn't fit | 43.9 bp −$439 | doesn't fit | doesn't fit |
| Sell Extended live order book, 46 min ago | 10.23 bp | 21.6 bp −$22 | 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 | −0.0296% | 1h | 1.1765 | +0.266% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | +0.0035% | 1h | 1.1764 | +0.251% | $21K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1763 | +0.244% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0075% | 4h | 1.1764 | +0.253% | $1.1M | $250K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1782 | +0.405% | $4.4M | $1.2M | 5x | as long as short |
| Gate ZRO_USDT | +0.0096% | 4h | 1.1760 | +0.219% | $1.4M | $1.5M | 75x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1780 | +0.387% | $159K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1770 | +0.305% | $137K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1765 | +0.261% | $22.0M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1752 | +0.151% | $17.9M | $14.0M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Gate ZRO_USDT
Aster ZROUSDT
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 | 1.1762 | +0.236% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1761 | +0.227% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1764 | +0.253% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1750 | +0.134% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1760 | +0.219% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1768 | +0.287% | $97K | $195K | 20x | as long as short |
| Variational Omni ZROlong | +0.0100% | 4h | 1.1734 | long leg | $2.3M | $810K | — | |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | +0.134% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1770 | +0.304% | $99K | $846K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1761 | +0.230% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0193% | 1h | 1.1767 | +0.274% | $1.3M | $124K | 5x | as long as short |
| Hyperliquid ZRO | +0.0193% | 1h | 1.1783 | +0.415% | $37.3M | $5.5M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0197% | 1h | 1.1777 | +0.362% | $259K | $407K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1765 | +0.263% | $3K | — | 100x | as long as short |
| Extended ZRO-USDshort | +0.0704% | 1h | 1.1759 | +0.213% | $784K | $591K | 10x | |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1830 | +0.815% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP