Funding you earn now, next payment 06:00 UTC+0.0583%/8h= +63.9% APRnext payment +$0.73 per $10,000 · paid last 24h −0.003%
Price spread now: Kraken Futures against 01 Exchange−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1698 | 0.0120 | pay 0.0015% / 1h | 16m 11s | $4K | $5K | 5x |
| Short | Kraken Futures PF_ZROUSD | 1.1697 | 0.0703 | get 0.0088% / 1h | 16m 11s | $253K | $335K | 25x |
01 Exchange ZROUSD
Kraken Futures PF_ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $122.48
- Price spread: −0.008% → 0.000%
- −$0.78
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $104.71
- Costs to cover
- 0.170%
- Break-even
- 1.0 days
Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 32 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 Kraken Futures live order book, 32 min ago | 27.04 bp | 39.6 bp −$40 | 187.2 bp −$1,872 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0008% | 1h | 1.1689 | −0.071% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0069% | 4h | 1.1695 | −0.023% | $20K | $4K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0090% | 4h | 1.1678 | −0.168% | $1.0M | $250K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1705 | +0.066% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1700 | +0.020% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1704 | +0.054% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1688 | −0.080% | $137K | $175K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1691 | −0.058% | $21.9M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1684 | −0.117% | $17.9M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1688 | −0.083% | $3.2M | $7.8M | 20x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1680 | −0.151% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1693 | −0.040% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1686 | −0.100% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1683 | −0.126% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1689 | −0.074% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1694 | −0.032% | $94K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1633 | −0.549% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | −0.066% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1695 | −0.023% | $102K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1680 | −0.151% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSDlong | +0.0120% | 1h | 1.1698 | long leg | $4K | $5K | 5x | |
| Nado ZRO-PERP | +0.0168% | 1h | 1.1695 | −0.025% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1685 | −0.108% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSDshort | +0.0703% | 1h | 1.1697 | −0.008% | $253K | $335K | 25x | |
| Extended ZRO-USD | +0.0960% | 1h | 1.1688 | −0.082% | $799K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1740 | +0.362% | $12K | $261K | 12x | as long as short |
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]
Extended ZRO-USD
Injective ZRO/USDC PERP