Funding you earn now, next payment 23:00 UTC+0.2388%/8h= +261.5% APRpaid last 24h +0.055%
Price spread now: Extended against Binance−0.019%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,006as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,014as in the Price arb table
costs, in and out, $10k−$1,01510.150% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.019%, 7d avg −0.025%
=Together, before fees+0.143%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$72 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% 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 | Binance ZROUSDT | 1.1806 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $22.2M | $31.7M | 75x |
| Short | Extended ZRO-USD | 1.1804 | 0.2488 | get 0.0311% / 1h | 18m 26s | $780K | $560K | 10x |
Binance ZROUSDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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: −0.019% → −0.025%
- $0.57
- Slippage, 4 orders
- −$1,000.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$512.97
- Costs to cover
- 10.150%
- Break-even
- 14.2 days
Slippage from Binance: live order book, 8 min ago; Extended: 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 Binance live order book, 8 min ago | 0.43 bp | 14.2 bp −$14 | 36.7 bp −$367 | 337.7 bp −$33.8K | 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 | −0.076% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0034% | 4h | 1.1804 | −0.017% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0050% | 4h | 1.1803 | −0.025% | $1.1M | $262K | 75x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1817 | +0.097% | $250K | $516K | 25x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1807 | +0.013% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1823 | +0.144% | $37.5M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1814 | +0.068% | $158K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1808 | +0.013% | $137K | $183K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1806 | long leg | $22.2M | $31.7M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1794 | −0.102% | $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
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 | +0.008% | $3.2M | $8.5M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1810 | +0.034% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1807 | +0.008% | $19.1M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1794 | −0.102% | $2.7M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1802 | −0.034% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1801 | −0.042% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1812 | +0.051% | $100K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1785 | −0.182% | $2.3M | $868K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | +0.034% | $37K | $683K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1813 | +0.059% | $88K | $904K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1802 | −0.032% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0144% | 1h | 1.1798 | −0.068% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0195% | 1h | 1.1806 | 0.000% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1810 | +0.034% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1800 | −0.051% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USDshort | +0.2488% | 1h | 1.1804 | −0.019% | $780K | $560K | 10x |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
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
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP