Funding you earn now, next payment 22:00 UTC+0.1137%/8h= +124.5% APRpaid last 24h +0.036%
Price spread now: Injective against Variational Omni+0.100%91s7-day average +0.052% · 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)−0.096%−$10 on $10k
+Price spread, last 3 days (all we have)−1.252%−$125 · spread now +0.100%, 7d avg +0.052%
=Together, before fees−1.348%+ Points / potential airdropVariational Omni: Active · farm board−$135 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Injective is 0.048% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.052%. Mind the row above: over the last 3 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.096% in total (about -10.9% 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 | 1.1788 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $2.2M | $892K | — |
| Short | Injective ZRO/USDC PERP | 1.1800 | 0.1237 | get 0.0155% / 1h | 55m 43s | $12K | $145K | 12x |
Variational Omni ZRO
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $238.71
- Price spread: +0.100% → +0.052%
- $4.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $243.47
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Injective: live order book, 33 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, 3 min ago | 3.57 bp | doesn't fit | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell Injective live order book, 33 min ago | 33.90 bp | 44.3 bp −$44 | 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 | −0.096% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0036% | 4h | 1.1777 | −0.095% | $21K | $7K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0016% | 4h | 1.1777 | −0.095% | $3.2M | $9.2M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1778 | −0.091% | $21K | $2K | 5x | as long as short |
| Bybit ZROUSDT | 0.0000% | 4h | 1.1768 | −0.171% | $18.1M | $16.3M | 50x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1794 | +0.049% | $37.5M | $7.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1786 | −0.016% | $158K | $165K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1778 | −0.087% | $143K | $201K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1780 | −0.069% | $22.3M | $34.8M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1770 | −0.154% | $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
Pacifica ZRO
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 | 1.1771 | −0.146% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1771 | −0.146% | $2.5M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1771 | −0.146% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1772 | −0.137% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1779 | −0.078% | $92K | $208K | 20x | as long as short |
| Variational Omni ZROlong | +0.0100% | 4h | 1.1788 | long leg | $2.2M | $892K | — | |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | −0.154% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1781 | −0.061% | $86K | $1.0M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1770 | −0.154% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0136% | 4h | 1.1760 | −0.239% | $1.1M | $265K | 75x | as long as short |
| Lighter ZRO | +0.0192% | 1h | 1.1787 | −0.013% | $4.7M | $1.2M | 5x | as long as short |
| Extended ZRO-USD | +0.0240% | 1h | 1.1772 | −0.137% | $780K | $559K | 10x | as long as short |
| Nado ZRO-PERP | +0.0247% | 1h | 1.1772 | −0.139% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1782 | −0.049% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1786 | −0.020% | $249K | $574K | 25x | as long as short |
| Injective ZRO/USDC PERPshort | +0.1237% | 1h | 1.1800 | +0.100% | $12K | $145K | 12x |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Lighter ZRO
Extended ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD