Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h +0.168%
Price spread now: Aevo against Kraken Futures−0.169%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.169% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZROUSD | 1.1849 | 0.0132 | pay 0.0016% / 1h | 43m 42s | $254K | $434K | 25x |
| Short | Aevo ZRO-PERP | 1.1829 | 0.0104 | get 0.0013% / 1h | 43m 42s | $21K | — | 3x |
Kraken Futures PF_ZROUSD
Aevo ZRO-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Kraken Futures. 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
- −$5.83
- Price spread: −0.169% → 0.000%
- −$16.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$48.75
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 34 min ago; Aevo: no order-book sample. 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 Kraken Futures live order book, 34 min ago | 14.38 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0184% | 1h | 1.1823 | −0.215% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0007% | 4h | 1.1829 | −0.165% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0063% | 4h | 1.1838 | −0.089% | $1.1M | $258K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1835 | −0.114% | $4.4M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1841 | −0.067% | $158K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1826 | −0.193% | $137K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1823 | −0.214% | $22.2M | $31.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1831 | −0.148% | $18.1M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1828 | −0.174% | $3.2M | $8.3M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1820 | −0.241% | $1.3M | $1.8M | 75x | as long as short |
01 Exchange ZROUSD
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 | 1.1820 | −0.241% | $19.2M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1831 | −0.148% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1831 | −0.148% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1826 | −0.191% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1836 | −0.106% | $100K | $207K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1836 | −0.106% | $2.3M | $865K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1820 | −0.241% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1842 | −0.056% | $89K | $815K | 5x | as long as short |
| Aevo ZRO-PERPshort | +0.0104% | 1h | 1.1829 | −0.169% | $21K | — | 3x | |
| Hyperliquid ZRO | +0.0110% | 1h | 1.1837 | −0.098% | $37.6M | $6.2M | 5x | as long as short |
| dYdX ZRO-USD | +0.0125% | 1h | 1.1835 | −0.115% | $21K | $2K | 5x | as long as short |
| Kraken Futures PF_ZROUSDlong | +0.0132% | 1h | 1.1849 | long leg | $254K | $434K | 25x | |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1831 | −0.149% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0375% | 1h | 1.1830 | −0.158% | $1.3M | $125K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1880 | +0.265% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1896% | 1h | 1.1823 | −0.219% | $786K | $608K | 10x | 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
Hyperliquid ZRO
dYdX ZRO-USD
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Injective ZRO/USDC PERP
Extended ZRO-USD