Funding you earn now, next payment 05:00 UTC+0.1263%/8h= +138.3% APRpaid last 24h +0.147%
Price spread now: Injective against Aster+0.420%87s7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1571.569% of the position
Funding, last 6 days (all we have)−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)−1.406%−$141 · spread now +0.420%, 7d avg −0.052%
=Together, before fees−1.522%+ Points / potential airdropAster: Stage 5 · farm board−$152 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Injective is 0.472% dearer against Aster than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 6 days funding on this pair cost −0.116%, so the current rate has only just turned in your favour. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.116% in total (about -7.7% 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 | Aster ZROUSDT | 1.1781 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $159K | $150K | 10x |
| Short | Injective ZRO/USDC PERP | 1.1830 | 0.1363 | get 0.0170% / 1h | 53m 51s | $12K | $261K | 12x |
Aster ZROUSDT
Injective ZRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Aster. 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
- $265.15
- Price spread: +0.420% → −0.052%
- $47.17
- Slippage, 4 orders
- −$148.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $155.39
- Costs to cover
- 1.569%
- Break-even
- 2.9 days
Slippage from Aster: live order book, 62 min ago; Injective: live order book, 65 min ago.
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 Aster live order book, 62 min ago | 3.85 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 65 min ago | 34.28 bp | 45.0 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | 0.0000% | 1h | 1.1807 | +0.227% | $21K | $4K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0045% | 4h | 1.1808 | +0.233% | $1.1M | $251K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0047% | 4h | 1.1778 | −0.022% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1790 | +0.078% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDTlong | +0.0100% | 4h | 1.1781 | long leg | $159K | $150K | 10x | |
| Pacifica ZRO | +0.0100% | 1h | 1.1813 | +0.274% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1789 | +0.072% | $22.1M | $29.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1781 | +0.004% | $18.0M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1786 | +0.046% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | −0.175% | $1.3M | $1.5M | 75x | as long as short |
dYdX ZRO-USD
BloFin ZRO-USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
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 | 1.1783 | +0.021% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1779 | −0.013% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1780 | −0.005% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1788 | +0.063% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1771 | −0.081% | $102K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1756 | −0.209% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | −0.090% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1808 | +0.233% | $100K | $851K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1775 | −0.047% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0183% | 1h | 1.1785 | +0.042% | $1.3M | $124K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0248% | 1h | 1.1822 | +0.349% | $7K | $3K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1783 | +0.020% | $3K | — | 100x | as long as short |
| Hyperliquid ZRO | +0.0446% | 1h | 1.1793 | +0.105% | $37.4M | $5.4M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0460% | 1h | 1.1781 | +0.002% | $259K | $387K | 25x | as long as short |
| Extended ZRO-USD | +0.0984% | 1h | 1.1784 | +0.025% | $788K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERPshort | +0.1363% | 1h | 1.1830 | +0.420% | $12K | $261K | 12x |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
01 Exchange ZROUSD
GMX ZRO/USD [ETH-USDC]
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
Extended ZRO-USD