Funding you earn now, next payment 05:00 UTC+0.1011%/8h= +110.7% APRnext payment +$1.26 per $10,000 · paid last 24h +0.219%
Price spread now: Injective against 01 Exchange+0.334%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Injective is 0.334% dearer against 01 Exchange than usual: you sell high and buy low: +$33 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 | 1.1761 | 0.0352 | pay 0.0044% / 1h | 23m 56s | $7K | $3K | 5x |
| Short | Injective ZRO/USDC PERP | 1.1800 | 0.1363 | get 0.0170% / 1h | 23m 56s | $12K | $261K | 12x |
01 Exchange ZROUSD
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $212.23
- Price spread: +0.334% → 0.000%
- $33.42
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $238.63
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Injective: live order book, 30 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 Injective live order book, 30 min ago | 29.65 bp | 40.0 bp −$40 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0049% | 4h | 1.1739 | −0.185% | $21K | $5K | 10x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1757 | −0.034% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1750 | −0.094% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1741 | −0.168% | $22.1M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1738 | −0.193% | $17.9M | $13.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1742 | −0.159% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | −0.176% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1740 | −0.176% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1753 | −0.065% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1738 | −0.193% | $2.7M | $2.6M | 75x | as long as short |
Orderly PERP_ZRO_USDC
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | +0.0100% | 4h | 1.1745 | −0.133% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1738 | −0.193% | $97K | $222K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1739 | −0.182% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1760 | −0.006% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1750 | −0.091% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1736 | −0.206% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0114% | 1h | 1.1754 | −0.058% | $21K | $4K | 5x | as long as short |
| Lighter ZRO | +0.0128% | 1h | 1.1762 | +0.008% | $4.4M | $1.2M | 5x | as long as short |
| BloFin ZRO-USDT | +0.0145% | 4h | 1.1752 | −0.074% | $1.1M | $250K | 75x | as long as short |
| Nado ZRO-PERP | +0.0229% | 1h | 1.1752 | −0.077% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1735 | −0.218% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSDlong | +0.0352% | 1h | 1.1761 | long leg | $7K | $3K | 5x | |
| Kraken Futures PF_ZROUSD | +0.0461% | 1h | 1.1748 | −0.105% | $256K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0583% | 1h | 1.1759 | −0.014% | $37.3M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1136% | 1h | 1.1734 | −0.223% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERPshort | +0.1363% | 1h | 1.1800 | +0.334% | $12K | $261K | 12x |
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
Lighter ZRO
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD