Funding you earn now, next payment 22:00 UTC+0.1597%/8h= +174.8% APRnext payment +$2.00 per $10,000 · paid last 24h +0.111%
Price spread now: Injective against 01 Exchange+0.146%104s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Injective is 0.146% dearer against 01 Exchange than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1803 | −0.0360 | get 0.0045% / 1h | 43m 31s | $7K | $3K | 5x |
| Short | Injective ZRO/USDC PERP | 1.1820 | 0.1237 | get 0.0155% / 1h | 43m 31s | $12K | $145K | 12x |
01 Exchange ZROUSD
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $335.31
- Price spread: +0.146% → 0.000%
- $14.57
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $342.86
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Injective: live order book, 45 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 Injective live order book, 45 min ago | 33.90 bp | 44.3 bp −$44 | 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 | −0.0360% | 1h | 1.1803 | long leg | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | −0.0045% | 4h | 1.1789 | −0.117% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1806 | +0.027% | $21K | $2K | 5x | as long as short |
| Bybit ZROUSDT | 0.0000% | 4h | 1.1793 | −0.083% | $18.1M | $16.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0015% | 4h | 1.1803 | +0.002% | $3.2M | $9.2M | 20x | as long as short |
| BloFin ZRO-USDT | +0.0090% | 4h | 1.1766 | −0.312% | $1.1M | $265K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1810 | +0.058% | $4.6M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1815 | +0.103% | $37.5M | $7.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1806 | +0.026% | $158K | $162K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1799 | −0.032% | $144K | $197K | 5x | as long as short |
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1801 | −0.015% | $22.3M | $34.1M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1790 | −0.108% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1799 | −0.032% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1792 | −0.092% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1802 | −0.007% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1798 | −0.041% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1800 | −0.024% | $92K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1763 | −0.337% | $2.2M | $878K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1790 | −0.108% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1807 | +0.036% | $87K | $996K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1785 | −0.151% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0177% | 1h | 1.1798 | −0.042% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1801 | −0.012% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1801 | −0.015% | $250K | $577K | 25x | as long as short |
| Extended ZRO-USD | +0.1032% | 1h | 1.1803 | +0.004% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERPshort | +0.1237% | 1h | 1.1820 | +0.146% | $12K | $145K | 12x |
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