Funding you earn now, next payment 06:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.004%
Price spread now: Pacifica against BloFin−0.593%94s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as 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−$690.685% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.675%+$67 · spread now −0.593%, 7d avg +0.023%
=Together, before fees+0.647%+ Points / potential airdropPacifica: Active · farm board+$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.616% cheaper against BloFin than usual: you would sell low and buy high (−$62 if the spread goes back to its 7-day average of +0.023%). Swap the legs. The two prices were read 94 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 | BloFin ZRO-USDT | 1.1642 | 0.0122 | pay 0.0061% / 4h | 2h 33m | $1.1M | $249K | 75x |
| Short | Pacifica ZRO | 1.1573 | 0.0100 | get 0.0013% / 1h | 33m 36s | $136K | $176K | 5x |
BloFin ZRO-USDT
Pacifica ZROFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$4.52
- Price spread: −0.593% → +0.023%
- −$61.56
- Slippage, 4 orders
- −$48.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$134.61
- Costs to cover
- 0.685%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Pacifica: live order book, 14 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, 4 min ago | 4.74 bp | 15.7 bp −$16 | 31.5 bp −$315 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 14 min ago | 6.87 bp | 16.0 bp −$16 | 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 | +0.0010% | 1h | 1.1588 | −0.467% | $21K | $5K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0048% | 1h | 1.1584 | −0.498% | $93K | $218K | 20x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0062% | 4h | 1.1585 | −0.490% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1598 | −0.381% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1584 | −0.498% | $36.7M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1601 | −0.354% | $156K | $150K | 10x | as long as short |
| Pacifica ZROshort | +0.0100% | 1h | 1.1573 | −0.593% | $136K | $176K | 5x | |
| Binance ZROUSDT | +0.0100% | 4h | 1.1571 | −0.610% | $21.6M | $29.5M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1574 | −0.584% | $17.7M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1570 | −0.618% | $3.2M | $7.7M | 20x | as long as short |
dYdX ZRO-USD
Backpack ZRO_USDC_PERP
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
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 | 1.1580 | −0.533% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1572 | −0.601% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1590 | −0.447% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1579 | −0.541% | $2.6M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1579 | −0.541% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1599 | −0.372% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1590 | −0.447% | $39K | $678K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1593 | −0.421% | $101K | $817K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1580 | −0.533% | $20K | — | 3x | as long as short |
| BloFin ZRO-USDTlong | +0.0122% | 4h | 1.1642 | long leg | $1.1M | $249K | 75x | |
| 01 Exchange ZROUSD | +0.0144% | 1h | 1.1574 | −0.582% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0182% | 1h | 1.1587 | −0.469% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1589 | −0.459% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0709% | 1h | 1.1596 | −0.397% | $253K | $336K | 25x | as long as short |
| Extended ZRO-USD | +0.0928% | 1h | 1.1572 | −0.603% | $795K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1670 | +0.241% | $12K | $260K | 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
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP