Funding you earn now, next payment 09:00 UTC+0.0329%/8h= +36.0% APRpaid last 24h +0.178%
Price spread now: Extended against BloFin+0.142%74s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as 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−$1561.558% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)+0.464%+$46 · spread now +0.142%, 7d avg −0.017%
=Together, before fees+0.646%+ Points / potential airdropExtended: Active · farm board+$65 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Extended is 0.159% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 74 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 7 days it paid 0.181% in total (about 9.5% 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 | BloFin ZRO-USDT | 1.1995 | 0.0103 | pay 0.0051% / 4h | 3h 21m | $1.1M | $203K | 75x |
| Short | Extended ZRO-USD | 1.2012 | 0.0432 | get 0.0054% / 1h | 21m 50s | $823K | $646K | 10x |
BloFin ZRO-USDT
Extended ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- $69.12
- Price spread: +0.142% → −0.017%
- $15.91
- Slippage, 4 orders
- −$138.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$70.78
- Costs to cover
- 1.558%
- Break-even
- 14.2 days
Slippage from BloFin: live order book, just now; Extended: live order book, 11 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 BloFin live order book, just now | 6.66 bp | 17.5 bp −$18 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell Extended live order book, 11 min ago | 12.20 bp | 17.4 bp −$17 | 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 | −0.0256% | 1h | 1.2035 | +0.337% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.2026 | +0.261% | $22K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0067% | 4h | 1.2064 | +0.575% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.2022 | +0.221% | $4.5M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.2030 | +0.292% | $38.1M | $5.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.2035 | +0.331% | $162K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.2009 | +0.115% | $138K | $166K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.2014 | +0.156% | $22.6M | $28.9M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1994 | −0.008% | $18.4M | $12.8M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.2005 | +0.083% | $3.3M | $7.9M | 20x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
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 | 1.2030 | +0.292% | $1.4M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.2029 | +0.283% | $9.7M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.2046 | +0.425% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.2016 | +0.175% | $2.8M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.2021 | +0.217% | — | $21.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1846 | −1.245% | $2.3M | $760K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1860 | −1.125% | $40K | $669K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.2060 | +0.542% | $102K | $795K | 5x | as long as short |
| BloFin ZRO-USDTlong | +0.0103% | 4h | 1.1995 | long leg | $1.1M | $203K | 75x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.2050 | +0.459% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0106% | 1h | 1.2055 | +0.498% | $1.4M | $122K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2341% | 1h | 1.1995 | −0.003% | $3K | — | 100x | as long as short |
| Extended ZRO-USDshort | +0.0432% | 1h | 1.2012 | +0.142% | $823K | $646K | 10x | |
| Kraken Futures PF_ZROUSD | +0.0544% | 1h | 1.2058 | +0.526% | $274K | $295K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0613% | 1h | 1.2067 | +0.600% | $97K | $219K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1960 | −0.292% | $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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP