Funding you earn now, next payment 04:00 UTC+0.1160%/8h= +127.0% APRnext payment +$1.45 per $10,000 · paid last 24h +0.167%
Price spread now: Injective against dYdX+0.450%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Injective is 0.450% dearer against dYdX than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZRO-USD | 1.1737 | 0.0026 | pay 0.0003% / 1h | 15m 02s | $21K | $4K | 5x |
| Short | Injective ZRO/USDC PERP | 1.1790 | 0.1186 | get 0.0148% / 1h | 15m 02s | $12K | $260K | 12x |
dYdX ZRO-USD
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against dYdX. 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
- $243.53
- Price spread: +0.450% → 0.000%
- $45.03
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $278.53
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Injective: live order book, 44 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 44 min ago | 34.28 bp | 45.0 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDlong | +0.0026% | 1h | 1.1737 | long leg | $21K | $4K | 5x | |
| Orderly PERP_ZRO_USDC | +0.0038% | 4h | 1.1728 | −0.078% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0071% | 4h | 1.1727 | −0.086% | $1.1M | $249K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1744 | +0.057% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1740 | +0.021% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1730 | −0.060% | $136K | $179K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1725 | −0.104% | $22.0M | $29.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1722 | −0.129% | $18.0M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1736 | −0.010% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1720 | −0.146% | $1.3M | $1.5M | 75x | as long as short |
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 | 1.1726 | −0.095% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1716 | −0.180% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1727 | −0.086% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1726 | −0.095% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1726 | −0.095% | $98K | $218K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | −0.189% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1730 | −0.061% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1737 | −0.001% | $100K | $851K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1726 | −0.092% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0112% | 1h | 1.1739 | +0.017% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0193% | 1h | 1.1728 | −0.075% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1731 | −0.056% | $3K | — | 100x | as long as short |
| Hyperliquid ZRO | +0.0306% | 1h | 1.1739 | +0.016% | $37.2M | $5.5M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0379% | 1h | 1.1739 | +0.020% | $258K | $398K | 25x | as long as short |
| Extended ZRO-USD | +0.1176% | 1h | 1.1723 | −0.125% | $784K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERPshort | +0.1186% | 1h | 1.1790 | +0.450% | $12K | $260K | 12x |
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
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
Extended ZRO-USD