Funding you earn now, next payment 01:00 UTC+0.1276%/8h= +139.7% APRpaid last 24h +0.102%
Price spread now: Extended against Binance−0.020%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$784as in the Funding arb table
Net, price: spread back to 7d avg − costs−$797as in the Price arb table
costs, in and out, $10k−$7987.976% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.020%, 7d avg −0.028%
=Together, before fees+0.194%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$38 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% 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 | Binance ZROUSDT | 1.1779 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $22.1M | $30.3M | 75x |
| Short | Extended ZRO-USD | 1.1777 | 0.1376 | get 0.0172% / 1h | 29m 53s | $784K | $589K | 10x |
Binance ZROUSDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $267.96
- Price spread: −0.020% → −0.028%
- $0.78
- Slippage, 4 orders
- −$782.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$528.88
- Costs to cover
- 7.976%
- Break-even
- 20.8 days
Slippage from Binance: live order book, 12 min ago; Extended: live order book, 43 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 Binance live order book, 12 min ago | 0.43 bp | 13.8 bp −$14 | 34.4 bp −$344 | 337.9 bp −$33.8K | doesn't fit |
| Sell Extended live order book, 43 min ago | 13.16 bp | 22.9 bp −$23 | 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 | −0.0080% | 1h | 1.1772 | −0.062% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0011% | 4h | 1.1778 | −0.011% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1782 | +0.020% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1783 | +0.031% | $37.3M | $5.8M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1785 | +0.048% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1771 | −0.070% | $136K | $170K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1779 | long leg | $22.1M | $30.3M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1771 | −0.070% | $18.0M | $14.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1778 | −0.011% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1770 | −0.079% | $1.4M | $1.5M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
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 | 1.1782 | +0.023% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1771 | −0.070% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1773 | −0.053% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1773 | −0.053% | — | $14.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1750 | −0.251% | $2.3M | $866K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | −0.249% | $37K | $687K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1781 | +0.014% | $91K | $828K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1770 | −0.080% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0130% | 4h | 1.1753 | −0.223% | $1.1M | $254K | 75x | as long as short |
| dYdX ZRO-USD | +0.0264% | 1h | 1.1775 | −0.040% | $21K | $3K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0283% | 1h | 1.1784 | +0.040% | $99K | $204K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1779 | −0.004% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0302% | 1h | 1.1784 | +0.039% | $253K | $410K | 25x | as long as short |
| Nado ZRO-PERP | +0.0303% | 1h | 1.1771 | −0.071% | $1.3M | $129K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1800 | +0.176% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDshort | +0.1376% | 1h | 1.1777 | −0.020% | $784K | $589K | 10x |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
Injective ZRO/USDC PERP