Funding you earn now, next payment 02:00 UTC−0.0764%/8h= −83.7% APRpaid last 24h −0.114%
Price spread now: Aster against Extended+0.222%7-day average +0.077% · 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−$852as in the Price arb table
costs, in and out, $10k−$8668.662% of the position
Funding, last 5 days (all we have)−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.222%, 7d avg +0.077%
=Together, before fees−0.290%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.146% dearer against Extended than usual: you sell high and buy low (spread +0.222% now, against its 7-day average of +0.077%): +$15 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 5 days (−0.121% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.121% in total (about -8.2% 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 | Extended ZRO-USD | 1.1714 | 0.0864 | pay 0.0108% / 1h | 20m 44s | $784K | $592K | 10x |
| Short | Aster ZROUSDT | 1.1741 | 0.0100 | get 0.0050% / 4h | 2h 20m | $158K | $150K | 10x |
Extended ZRO-USD
Aster ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- −$160.44
- Price spread: +0.222% → +0.077%
- $14.58
- Slippage, 4 orders
- −$853.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$1,012.06
- Costs to cover
- 8.662%
- Break-even
- never at this rate
Slippage from Extended: live order book, 47 min ago; Aster: live order book, 45 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 Extended live order book, 47 min ago | 11.35 bp | 685.8 bp −$686 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 45 min ago | 4.65 bp | 29.3 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
ZRO on 25 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 | −0.0240% | 1h | 1.1745 | +0.261% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0013% | 4h | 1.1701 | −0.115% | $18.0M | $13.9M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1727 | +0.109% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDT | +0.0024% | 4h | 1.1730 | +0.132% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0026% | 4h | 1.1740 | +0.218% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1736 | +0.181% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1734 | +0.166% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDTshort | +0.0100% | 4h | 1.1741 | +0.222% | $158K | $150K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1717 | +0.021% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1713 | −0.013% | $21.9M | $29.8M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
dYdX ZRO-USD
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1716 | +0.013% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1714 | −0.004% | $19.1M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1726 | +0.098% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1723 | +0.073% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1719 | +0.038% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1739 | +0.209% | $97K | $212K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1727 | +0.105% | $2.3M | $816K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | +0.303% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1750 | +0.303% | $92K | $839K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1734 | +0.162% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0204% | 1h | 1.1750 | +0.300% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1747 | +0.276% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0370% | 1h | 1.1756 | +0.355% | $252K | $403K | 25x | as long as short |
| Extended ZRO-USDlong | +0.0864% | 1h | 1.1714 | long leg | $784K | $592K | 10x | |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1790 | +0.645% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP