Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Binance+0.207%58s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$620.617% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.203%−$20 · spread now +0.207%, 7d avg +0.012%
=Together, before fees−0.214%+ Points / potential airdropPacifica: Active · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.195% dearer against Binance than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1788 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $22.1M | $29.9M | 75x |
| Short | Pacifica ZRO | 1.1813 | 0.0100 | get 0.0013% / 1h | 53m 45s | $137K | $178K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $0
- Price spread: +0.207% → +0.012%
- $19.5
- Slippage, 4 orders
- −$43.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$42.15
- Costs to cover
- 0.617%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Pacifica: live order book, 64 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, 3 min ago | 0.43 bp | 15.9 bp −$16 | 38.4 bp −$384 | 325.2 bp −$32.5K | doesn't fit |
| Sell Pacifica live order book, 64 min ago | 5.16 bp | 18.9 bp −$19 | 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 | 1.1782 | −0.051% | $21K | $4K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0045% | 4h | 1.1808 | +0.166% | $1.1M | $251K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0047% | 4h | 1.1778 | −0.089% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1807 | +0.157% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1797 | +0.076% | $159K | $150K | 10x | as long as short |
| Pacifica ZROshort | +0.0100% | 1h | 1.1813 | +0.207% | $137K | $178K | 5x | |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1788 | long leg | $22.1M | $29.9M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1790 | +0.013% | $18.0M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1800 | +0.098% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1770 | −0.156% | $1.3M | $1.5M | 75x | as long as short |
Show 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 | −0.046% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1779 | −0.080% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1786 | −0.021% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1788 | −0.004% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1771 | −0.148% | $102K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1756 | −0.276% | $2.3M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | −0.156% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1808 | +0.166% | $100K | $851K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1775 | −0.114% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0183% | 1h | 1.1785 | −0.025% | $1.3M | $124K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0248% | 1h | 1.1822 | +0.282% | $7K | $3K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1783 | −0.047% | $3K | — | 100x | as long as short |
| Hyperliquid ZRO | +0.0453% | 1h | 1.1807 | +0.157% | $37.4M | $5.4M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0460% | 1h | 1.1781 | −0.064% | $259K | $387K | 25x | as long as short |
| Extended ZRO-USD | +0.0984% | 1h | 1.1784 | −0.042% | $788K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1830 | +0.352% | $12K | $261K | 12x | as long as short |
Binance ZROUSDT
Pacifica ZRO
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Bybit ZROUSDT
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
01 Exchange ZROUSD
GMX ZRO/USD [ETH-USDC]
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP