Funding you earn now, next payment 11:00 UTC−0.0878%/8h= −96.1% APRnext payment −$1.10 per $10,000 · paid last 24h +0.260%
Price spread now: Injective against Aevo−0.550%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$26 a day on $10k at the current rate, and Injective is 0.550% cheaper against Aevo than usual: you would sell low and buy high (−$55 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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 | Aevo ZRO-PERP | 1.1825 | 0.0104 | pay 0.0013% / 1h | 51m 52s | $21K | — | 3x |
| Short | Injective ZRO/USDC PERP | 1.1760 | −0.0774 | pay 0.0097% / 1h | 51m 52s | $12K | $257K | 12x |
Aevo ZRO-PERP
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Aevo. 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
- −$184.36
- Price spread: −0.550% → 0.000%
- −$54.97
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$255.34
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Injective: live order book, 60 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 60 min ago | 33.90 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZRO/USDC PERPshort | −0.0774% | 1h | 1.1760 | −0.550% | $12K | $257K | 12x | |
| Kraken Futures PF_ZROUSD | −0.0529% | 1h | 1.1839 | +0.120% | $269K | $211K | 25x | as long as short |
| Bybit ZROUSDT | −0.0088% | 4h | 1.1791 | −0.288% | $18.1M | $11.7M | 50x | as long as short |
| 01 Exchange ZROUSD | −0.0056% | 1h | 1.1834 | +0.078% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0021% | 4h | 1.1828 | +0.025% | $20K | $2K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1837 | +0.105% | $21K | $5K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | 0.0000% | 4h | 1.1802 | −0.195% | $3.2M | $7.5M | 20x | as long as short |
| BloFin ZRO-USDT | +0.0066% | 4h | 1.1847 | +0.186% | $1.0M | $143K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1848 | +0.197% | $4.4M | $1.1M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1846 | +0.178% | $37.5M | $5.0M | 5x | as long as short |
Kraken Futures PF_ZROUSD
Bybit ZROUSDT
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZROShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZROUSDT | +0.0100% | 4h | 1.1819 | −0.049% | $159K | $124K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1834 | +0.076% | $137K | $143K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1804 | −0.173% | $22.0M | $26.7M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1830 | +0.042% | $1.4M | $1.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1812 | −0.110% | $9.5M | $2.4M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1833 | +0.068% | $2.3M | $2.3M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1825 | 0.000% | $2.8M | $2.3M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1801 | −0.203% | — | $25.2M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1817 | −0.068% | $2.3M | $733K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1830 | +0.042% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1830 | +0.042% | $101K | $728K | 5x | as long as short |
| Aevo ZRO-PERPlong | +0.0104% | 1h | 1.1825 | long leg | $21K | — | 3x | |
| Nado ZRO-PERP | +0.0218% | 1h | 1.1840 | +0.130% | $1.4M | $121K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1834 | +0.079% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0360% | 1h | 1.1814 | −0.093% | $806K | $654K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0708% | 1h | 1.1836 | +0.093% | $93K | $215K | 20x | as long as short |
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP