Funding you earn now, next payment 00:00 UTC+0.1908%/8h= +208.9% APRnext payment +$2.38 per $10,000 · paid last 24h +0.081%
Price spread now: Extended against ApeX Omni−0.172%72s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,059as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1,06810.683% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.172%, 7d avg −0.054%
=Together, before fees+0.082%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.118% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.172% now, against its 7-day average of −0.054%). If the spread goes back, that is −$12 on $10k: about 5 hours of funding at the current rate (+$57 a day). At the pace of the last 7 days (+0.089% in total) that is about 9.2 days. The two prices were read 72 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 7 days it paid 0.089% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.38 per $10,000. 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 | ApeX Omni ZROUSDT | 1.1860 | 0.0100 | pay 0.0013% / 1h | 46m 04s | $37K | $687K | 50x |
| Short | Extended ZRO-USD | 1.1840 | 0.2008 | get 0.0251% / 1h | 46m 04s | $784K | $582K | 10x |
ApeX Omni ZROUSDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against ApeX 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
- $400.68
- Price spread: −0.172% → −0.054%
- −$11.76
- Slippage, 4 orders
- −$1,053.3
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$679.38
- Costs to cover
- 10.683%
- Break-even
- 18.9 days
Slippage from ApeX Omni: live order book, 32 min ago; Extended: live order book, 32 min ago.
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 ApeX Omni live order book, 32 min ago | 12.71 bp | 23.9 bp −$24 | 133.6 bp −$1,336 | doesn't fit | doesn't fit |
| Sell Extended live order book, 32 min ago | 13.07 bp | 27.8 bp −$28 | 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 | −0.0192% | 1h | 1.1842 | −0.149% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0009% | 4h | 1.1839 | −0.177% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0089% | 4h | 1.1811 | −0.413% | $1.1M | $257K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1843 | −0.145% | $4.4M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1842 | −0.150% | $158K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1841 | −0.162% | $138K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1838 | −0.188% | $22.2M | $31.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1832 | −0.236% | $18.1M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1839 | −0.177% | $3.2M | $8.3M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1820 | −0.337% | $1.3M | $1.8M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
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 | 1.1840 | −0.169% | $19.2M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1831 | −0.245% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1841 | −0.160% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1836 | −0.202% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1845 | −0.126% | $100K | $207K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1858 | −0.017% | $2.3M | $850K | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1860 | long leg | $37K | $687K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1848 | −0.101% | $89K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1840 | −0.169% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0132% | 1h | 1.1858 | −0.020% | $254K | $434K | 25x | as long as short |
| dYdX ZRO-USD | +0.0154% | 1h | 1.1835 | −0.211% | $21K | $2K | 5x | as long as short |
| Hyperliquid ZRO | +0.0160% | 1h | 1.1845 | −0.126% | $37.6M | $6.2M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1843 | −0.142% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0362% | 1h | 1.1839 | −0.176% | $1.3M | $125K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1870 | +0.084% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDshort | +0.2008% | 1h | 1.1840 | −0.172% | $784K | $582K | 10x |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Kraken Futures PF_ZROUSD
dYdX ZRO-USD
Hyperliquid ZRO
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Injective ZRO/USDC PERP