Funding you earn now, next payment 07:00 UTC+0.0479%/8h= +52.4% APRnext payment +$0.60 per $10,000 · paid last 24h −0.035%
Price spread now: Kraken Futures against dYdX+0.140%85s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.140% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 85 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 | dYdX ZRO-USD | 1.1688 | 0.0035 | pay 0.0004% / 1h | 18m 20s | $21K | $5K | 5x |
| Short | Kraken Futures PF_ZROUSD | 1.1705 | 0.0514 | get 0.0064% / 1h | 18m 20s | $254K | $297K | 25x |
dYdX ZRO-USD
Kraken Futures PF_ZROUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $100.54
- Price spread: +0.140% → 0.000%
- $14
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $94.55
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 24 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 24 min ago | 31.62 bp | 44.6 bp −$45 | 147.7 bp −$1,477 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDlong | +0.0035% | 1h | 1.1688 | long leg | $21K | $5K | 5x | |
| BloFin ZRO-USDT | +0.0045% | 4h | 1.1689 | +0.007% | $1.0M | $202K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0056% | 1h | 1.1701 | +0.106% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0094% | 4h | 1.1691 | +0.024% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1712 | +0.203% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1703 | +0.127% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1693 | +0.045% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1692 | +0.033% | $137K | $171K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1693 | +0.037% | $21.8M | $29.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1686 | −0.019% | $17.9M | $13.3M | 50x | as long as short |
BloFin ZRO-USDT
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
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 | 1.1692 | +0.033% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1690 | +0.016% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1691 | +0.024% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1691 | +0.024% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1689 | +0.007% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1694 | +0.050% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1676 | −0.100% | $2.3M | $795K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | +0.016% | $39K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1702 | +0.118% | $99K | $817K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1685 | −0.027% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0233% | 1h | 1.1691 | +0.024% | $95K | $219K | 20x | as long as short |
| Nado ZRO-PERP | +0.0275% | 1h | 1.1697 | +0.078% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1690 | +0.012% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSDshort | +0.0514% | 1h | 1.1705 | +0.140% | $254K | $297K | 25x | |
| Extended ZRO-USD | +0.0728% | 1h | 1.1692 | +0.036% | $799K | $626K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1750 | +0.529% | $12K | $261K | 12x | as long as short |
OKX ZRO-USDT-SWAP
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
Backpack ZRO_USDC_PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP