Funding you earn now, next payment 12:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Aster+0.391%112s7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1141.145% of the position
Funding, last 6 days (all we have)+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−1.264%−$126 · spread now +0.391%, 7d avg −0.062%
=Together, before fees−1.238%+ Points / potential airdropAster: Stage 5 · farm board−$124 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.453% dearer against Aster than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of −0.062%. The two prices were read 112 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 | Aster ZROUSDT | 1.1809 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $159K | $150K | 10x |
| Short | BloFin ZRO-USDT | 1.1855 | 0.0136 | get 0.0068% / 4h | 3h 31m | $1.1M | $200K | 75x |
Aster ZROUSDT
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. 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
- $7.56
- Price spread: +0.391% → −0.062%
- $45.26
- Slippage, 4 orders
- −$94.48
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.66
- Costs to cover
- 1.145%
- Break-even
- 64.1 days
Slippage from Aster: live order book, 65 min ago; BloFin: live order book, 1 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 Aster live order book, 65 min ago | 4.30 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 5.50 bp | 18.1 bp −$18 | 31.8 bp −$318 | 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 | −0.0296% | 1h | 1.1794 | −0.123% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1822 | +0.115% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0069% | 4h | 1.1793 | −0.134% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1828 | +0.165% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1811 | +0.019% | $37.4M | $5.3M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1809 | long leg | $159K | $150K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1817 | +0.069% | $136K | $170K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1796 | −0.108% | $22.2M | $29.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1787 | −0.185% | $18.1M | $13.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1791 | −0.151% | $3.2M | $7.8M | 20x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
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 | 1.1800 | −0.075% | $1.3M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1803 | −0.050% | $19.9M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1807 | −0.016% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1789 | −0.168% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1792 | −0.143% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1906 | +0.819% | $2.3M | $766K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | +0.264% | $40K | $667K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1808 | −0.007% | $100K | $799K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1798 | −0.091% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDTshort | +0.0136% | 4h | 1.1855 | +0.391% | $1.1M | $200K | 75x | |
| Nado ZRO-PERP | +0.0168% | 1h | 1.1802 | −0.059% | $1.3M | $128K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1830 | +0.175% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0416% | 1h | 1.1793 | −0.133% | $806K | $646K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0517% | 1h | 1.1828 | +0.162% | $95K | $220K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0555% | 1h | 1.1801 | −0.068% | $268K | $307K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1960 | +1.280% | $13K | $258K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP