Funding you earn now, next payment 22:00 UTC+0.1137%/8h= +124.5% APRpaid last 24h +0.060%
Price spread now: Injective against Aster+0.312%67s7-day average −0.061% · 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−$1721.716% of the position
Funding, last 5 days (all we have)−0.199%−$20 on $10k
+Price spread, last 3 days (all we have)−1.298%−$130 · spread now +0.312%, 7d avg −0.061%
=Together, before fees−1.497%+ Points / potential airdropAster: Stage 5 · farm board−$150 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Injective is 0.373% dearer against Aster than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.061%. Mind the row above: over the last 5 days funding on this pair cost −0.199%, so the current rate has only just turned in your favour. The two prices were read 67 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 5 days it paid -0.199% in total (about -13.8% a year). A funding rate is set anew for every payment. 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 | Aster ZROUSDT | 1.1803 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $158K | $160K | 10x |
| Short | Injective ZRO/USDC PERP | 1.1840 | 0.1237 | get 0.0155% / 1h | 10m 07s | $12K | $175K | 12x |
Aster ZROUSDT
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $238.71
- Price spread: +0.312% → −0.061%
- $37.32
- Slippage, 4 orders
- −$163.61
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $104.4
- Costs to cover
- 1.716%
- Break-even
- 3.9 days
Slippage from Aster: live order book, 11 min ago; Injective: live order book, 14 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, 11 min ago | 4.64 bp | 46.1 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 14 min ago | 33.73 bp | 44.0 bp −$44 | 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 | −0.0432% | 1h | 1.1765 | −0.325% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0051% | 4h | 1.1787 | −0.137% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0041% | 1h | 1.1790 | −0.112% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1787 | −0.133% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1799 | −0.035% | $37.4M | $6.8M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1803 | long leg | $158K | $160K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1784 | −0.161% | $142K | $193K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1785 | −0.157% | $22.3M | $32.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1769 | −0.289% | $18.0M | $15.5M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1785 | −0.154% | $3.2M | $8.9M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
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 | −0.027% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1785 | −0.154% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1796 | −0.060% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1785 | −0.154% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1781 | −0.188% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1791 | −0.103% | $94K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1777 | −0.220% | $2.2M | $861K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | +0.397% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1796 | −0.060% | $88K | $913K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1785 | −0.154% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0109% | 4h | 1.1779 | −0.205% | $1.1M | $265K | 75x | as long as short |
| Nado ZRO-PERP | +0.0172% | 1h | 1.1787 | −0.139% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1792 | −0.092% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1802 | −0.009% | $250K | $569K | 25x | as long as short |
| Injective ZRO/USDC PERPshort | +0.1237% | 1h | 1.1840 | +0.312% | $12K | $175K | 12x | |
| Extended ZRO-USD | +0.2072% | 1h | 1.1785 | −0.154% | $784K | $539K | 10x | 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
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD