Funding you earn now, next payment 03:00 UTC+0.0676%/8h= +74.0% APRpaid last 24h +0.126%
Price spread now: Extended against Gate−0.179%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$841as in the Funding arb table
Net, price: spread back to 7d avg − costs−$871as in the Price arb table
costs, in and out, $10k−$8578.567% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.179%, 7d avg −0.033%
=Together, before fees+0.425%+ Points / potential airdropExtended: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.146% cheaper against Gate than usual: you would sell low and buy high (spread −0.179% now, against its 7-day average of −0.033%). If the spread goes back, that is −$15 on $10k: about 17 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.156% in total) that is about 6.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% 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 | Gate ZRO_USDT | 1.1720 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $1.3M | $1.5M | 75x |
| Short | Extended ZRO-USD | 1.1699 | 0.0776 | get 0.0097% / 1h | 12m 04s | $784K | $591K | 10x |
Gate ZRO_USDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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
- $141.96
- Price spread: −0.179% → −0.033%
- −$14.58
- Slippage, 4 orders
- −$836.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$729.29
- Costs to cover
- 8.567%
- Break-even
- 43.0 days
Slippage from Gate: live order book, just now; Extended: live order book, 51 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 Gate live order book, just now | 8.55 bp | 23.2 bp −$23 | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 10.23 bp | 21.6 bp −$22 | 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 | −0.0264% | 1h | 1.1712 | −0.069% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1710 | −0.085% | $20K | $5K | 10x | as long as short |
| dYdX ZRO-USD | +0.0041% | 1h | 1.1709 | −0.097% | $21K | $3K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1724 | +0.038% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1721 | +0.012% | $158K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1715 | −0.043% | $136K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1703 | −0.146% | $21.9M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1697 | −0.196% | $17.8M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1709 | −0.094% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1720 | long leg | $1.3M | $1.5M | 75x |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Lighter ZRO
Aster ZROUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1703 | −0.145% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1715 | −0.043% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1697 | −0.196% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1710 | −0.085% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1708 | −0.102% | $97K | $195K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1745 | +0.215% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | +0.427% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1718 | −0.017% | $99K | $846K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1710 | −0.087% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0114% | 4h | 1.1731 | +0.094% | $1.1M | $249K | 75x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0198% | 1h | 1.1714 | −0.054% | $257K | $407K | 25x | as long as short |
| Nado ZRO-PERP | +0.0201% | 1h | 1.1710 | −0.087% | $1.3M | $124K | 5x | as long as short |
| Hyperliquid ZRO | +0.0239% | 1h | 1.1724 | +0.034% | $37.1M | $5.5M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1707 | −0.114% | $3K | — | 100x | as long as short |
| Extended ZRO-USDshort | +0.0776% | 1h | 1.1699 | −0.179% | $784K | $591K | 10x | |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1760 | +0.341% | $12K | $260K | 12x | as long as short |
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
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
Hyperliquid ZRO
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP