Funding you earn now, next payment 08:00 UTC+0.1137%/8h= +124.5% APRpaid last 24h +0.190%
Price spread now: Injective against BloFin+0.428%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)−0.981%−$98 · spread now +0.428%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Injective is 0.416% dearer against BloFin than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.133%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.133% in total (about -7.0% 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 | BloFin ZRO-USDT | 1.1680 | 0.0133 | pay 0.0067% / 4h | 11m 07s | $1.0M | $199K | 75x |
| Short | Injective ZRO/USDC PERP | 1.1730 | 0.1271 | get 0.0159% / 1h | 11m 07s | $12K | $261K | 12x |
BloFin ZRO-USDT
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BloFin. 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
- $238.83
- Price spread: +0.428% → +0.012%
- $41.58
- Slippage, 4 orders
- −$89.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $178.77
- Costs to cover
- 1.016%
- Break-even
- 1.8 days
Slippage from BloFin: live order book, 1 min ago; Injective: live order book, 28 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 BloFin live order book, 1 min ago | 3.00 bp | 9.8 bp −$10 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Injective live order book, 28 min ago | 34.28 bp | 41.4 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0006% | 1h | 1.1682 | +0.017% | $21K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0016% | 1h | 1.1690 | +0.082% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0085% | 4h | 1.1688 | +0.068% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1696 | +0.134% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1686 | +0.054% | $1.3M | $125K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1692 | +0.103% | $37.0M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1689 | +0.081% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1676 | −0.037% | $137K | $165K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1682 | +0.017% | $21.9M | $28.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1673 | −0.060% | $17.8M | $13.0M | 50x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Nado ZRO-PERP
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1689 | +0.077% | $3.2M | $7.6M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1680 | 0.000% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1679 | −0.009% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1682 | +0.017% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1675 | −0.043% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1685 | +0.043% | — | $21.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1684 | +0.034% | $95K | $214K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1620 | −0.516% | $2.3M | $759K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1670 | −0.086% | $39K | $669K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1693 | +0.111% | $99K | $809K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1679 | −0.008% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDTlong | +0.0133% | 4h | 1.1680 | long leg | $1.0M | $199K | 75x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1682 | +0.017% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0431% | 1h | 1.1700 | +0.170% | $254K | $291K | 25x | as long as short |
| Extended ZRO-USD | +0.0512% | 1h | 1.1675 | −0.047% | $797K | $647K | 10x | as long as short |
| Injective ZRO/USDC PERPshort | +0.1271% | 1h | 1.1730 | +0.428% | $12K | $261K | 12x |
OKX ZRO-USDT-SWAP
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
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD