Funding you earn now, next payment 09:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.060%
Price spread now: Aster against 01 Exchange+0.227%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aster is 0.227% dearer against 01 Exchange than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1955 | −0.0200 | get 0.0025% / 1h | 47m 53s | $4K | $5K | 5x |
| Short | Aster ZROUSDT | 1.1982 | 0.0100 | get 0.0050% / 4h | 3h 47m | $162K | $151K | 10x |
01 Exchange ZROUSD
Aster ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against 01 Exchange. 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
- $63
- Price spread: +0.227% → 0.000%
- $22.67
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $70.67
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Aster: live order book, 48 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 48 min ago | 4.30 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
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 ZROUSDlong | −0.0200% | 1h | 1.1955 | long leg | $4K | $5K | 5x | |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1978 | +0.191% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0078% | 4h | 1.1968 | +0.108% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1982 | +0.222% | $4.5M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1989 | +0.284% | $38.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDTshort | +0.0100% | 4h | 1.1982 | +0.227% | $162K | $151K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1969 | +0.120% | $141K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1975 | +0.168% | $22.6M | $29.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1963 | +0.066% | $18.4M | $13.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1975 | +0.166% | $3.2M | $8.0M | 20x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1960 | +0.041% | $1.4M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1977 | +0.183% | $20.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1984 | +0.242% | $2.5M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1969 | +0.116% | $2.8M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1966 | +0.091% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.2018 | +0.526% | $2.3M | $759K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.2030 | +0.627% | $41K | $667K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1977 | +0.183% | $102K | $805K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1968 | +0.109% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0111% | 4h | 1.1989 | +0.284% | $1.1M | $203K | 75x | as long as short |
| Nado ZRO-PERP | +0.0131% | 1h | 1.1965 | +0.085% | $1.4M | $129K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2341% | 1h | 1.1975 | +0.164% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0432% | 1h | 1.1973 | +0.148% | $819K | $647K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0546% | 1h | 1.1995 | +0.338% | $274K | $313K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0764% | 1h | 1.1978 | +0.192% | $96K | $222K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.2030 | +0.627% | $13K | $258K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP