Funding you earn now, next payment 23:00 UTC−0.0676%/8h= −74.0% APRpaid last 24h −0.051%
Price spread now: 01 Exchange against Variational Omni−0.135%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and 01 Exchange is 0.135% cheaper against Variational Omni than usual: you would sell low and buy high (−$14 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 | Variational Omni ZRO | 1.1806 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $2.3M | $859K | — |
| Short | 01 Exchange ZROUSD | 1.1790 | −0.0576 | pay 0.0072% / 1h | 59m 41s | $7K | $3K | 5x |
Variational Omni ZRO
01 Exchange ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$141.96
- Price spread: −0.135% → 0.000%
- −$13.54
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$162.5
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; 01 Exchange: 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 Variational Omni RFQ quote, 4 min ago | 3.99 bp | doesn't fit | 48.0 bp −$480 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 ZROUSDshort | −0.0576% | 1h | 1.1790 | −0.135% | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | −0.0057% | 4h | 1.1812 | +0.054% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0075% | 1h | 1.1814 | +0.070% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1803 | −0.020% | $4.5M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1822 | +0.139% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1799 | −0.056% | $138K | $190K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1809 | +0.029% | $22.2M | $32.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1799 | −0.056% | $18.0M | $15.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1796 | −0.081% | $3.2M | $8.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1810 | +0.037% | $1.3M | $1.8M | 75x | as long as short |
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
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 | 1.1798 | −0.064% | $19.1M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1817 | +0.097% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1812 | +0.054% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1803 | −0.022% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1810 | +0.037% | $95K | $206K | 20x | as long as short |
| Variational Omni ZROlong | +0.0100% | 4h | 1.1806 | long leg | $2.3M | $859K | — | |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | +0.037% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1818 | +0.105% | $88K | $911K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1816 | +0.092% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0144% | 4h | 1.1807 | +0.012% | $1.1M | $264K | 75x | as long as short |
| Hyperliquid ZRO | +0.0178% | 1h | 1.1813 | +0.063% | $37.5M | $6.4M | 5x | as long as short |
| Nado ZRO-PERP | +0.0179% | 1h | 1.1812 | +0.053% | $1.3M | $129K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2416% | 1h | 1.1820 | +0.123% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1820 | +0.126% | $250K | $566K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1850 | +0.376% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.2272% | 1h | 1.1797 | −0.075% | $784K | $539K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Hyperliquid ZRO
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD