Funding you earn now, next payment 00:00 UTC+0.2128%/8h= +233.0% APRnext payment +$2.66 per $10,000 · paid last 24h +0.112%
Price spread now: Extended against 01 Exchange−0.055%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
=Funding pays, the price is against you. Extended is 0.055% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2 hours of funding at the current rate (+$64 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1873 | −0.0144 | get 0.0018% / 1h | 57m 06s | $7K | $3K | 5x |
| Short | Extended ZRO-USD | 1.1866 | 0.1984 | get 0.0248% / 1h | 57m 06s | $784K | $558K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against 01 Exchange. 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
- $446.88
- Price spread: −0.055% → 0.000%
- −$5.55
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $429.33
- Costs to cover
- 0.120%
- Break-even
- 0.3 days
Slippage unknown: 01 Exchange: no order-book sample; Extended: live order book, 21 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 21 min ago | 13.07 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
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 ZROUSDlong | −0.0144% | 1h | 1.1873 | long leg | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | −0.0019% | 4h | 1.1869 | −0.033% | $21K | $7K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1871 | −0.013% | $4.4M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1875 | +0.017% | $159K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1868 | −0.042% | $138K | $181K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1868 | −0.043% | $22.3M | $31.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1868 | −0.041% | $18.1M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1868 | −0.041% | $3.2M | $8.4M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1860 | −0.109% | $1.4M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1870 | −0.024% | $19.2M | $2.7M | 125x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1863 | −0.083% | $2.5M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1868 | −0.041% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1870 | −0.024% | — | $10.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1837 | −0.303% | $2.3M | $850K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1830 | −0.361% | $37K | $686K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1875 | +0.018% | $89K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1868 | −0.039% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0118% | 4h | 1.1875 | +0.018% | $1.1M | $258K | 75x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0131% | 1h | 1.1877 | +0.039% | $255K | $434K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0142% | 1h | 1.1878 | +0.043% | $101K | $208K | 20x | as long as short |
| Hyperliquid ZRO | +0.0213% | 1h | 1.1882 | +0.077% | $37.7M | $6.2M | 5x | as long as short |
| dYdX ZRO-USD | +0.0257% | 1h | 1.1866 | −0.060% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0261% | 1h | 1.1871 | −0.018% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1869 | −0.031% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1910 | +0.312% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDshort | +0.1984% | 1h | 1.1866 | −0.055% | $784K | $558K | 10x |
01 Exchange ZROUSD
Extended ZRO-USD
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Hyperliquid ZRO
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP