Funding you earn now, next payment 23:00 UTC+0.2388%/8h= +261.5% APRpaid last 24h +0.055%
Price spread now: Extended against Variational Omni+0.163%7-day average +0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−0.190%−$19 · spread now +0.163%, 7d avg +0.011%
=Together, before fees−0.126%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$72 a day on $10k at the current rate, and Extended is 0.152% dearer against Variational Omni than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.011%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.064% in total (about 7.1% 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 | Variational Omni ZRO | 1.1785 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $2.3M | $868K | — |
| Short | Extended ZRO-USD | 1.1804 | 0.2488 | get 0.0311% / 1h | 18m 27s | $780K | $560K | 10x |
Variational Omni ZRO
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Variational Omni. 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
- $501.48
- Price spread: +0.163% → +0.011%
- $15.17
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $511.65
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Extended: live order book, 65 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 Variational Omni RFQ quote, 1 min ago | 3.61 bp | doesn't fit | 38.1 bp −$381 | doesn't fit | doesn't fit |
| Sell Extended live order book, 65 min ago | 12.59 bp | 29.2 bp −$29 | 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 | −0.0488% | 1h | 1.1797 | +0.106% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0034% | 4h | 1.1804 | +0.165% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0050% | 4h | 1.1803 | +0.157% | $1.1M | $262K | 75x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1817 | +0.279% | $250K | $516K | 25x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1807 | +0.195% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1823 | +0.326% | $37.5M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1814 | +0.250% | $158K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1808 | +0.195% | $137K | $183K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1806 | +0.182% | $22.2M | $31.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1794 | +0.080% | $18.0M | $14.8M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Kraken Futures PF_ZROUSD
Lighter ZRO
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 | 1.1807 | +0.191% | $3.2M | $8.5M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1810 | +0.216% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1807 | +0.191% | $19.1M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1794 | +0.080% | $2.7M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1802 | +0.148% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1801 | +0.140% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1812 | +0.233% | $100K | $208K | 20x | as long as short |
| Variational Omni ZROlong | +0.0100% | 4h | 1.1785 | long leg | $2.3M | $868K | — | |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | +0.216% | $37K | $683K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1813 | +0.242% | $88K | $904K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1802 | +0.150% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0144% | 1h | 1.1798 | +0.114% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0195% | 1h | 1.1806 | +0.183% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1810 | +0.216% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1800 | +0.131% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDshort | +0.2488% | 1h | 1.1804 | +0.163% | $780K | $560K | 10x |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP