Funding you earn now, next payment 07:00 UTC−0.0668%/8h= −73.1% APRnext payment −$0.84 per $10,000 · paid last 24h −0.171%
Price spread now: ApeX Omni against Extended+0.376%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$3023.025% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.376%, 7d avg +0.059%
=Together, before fees−0.410%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.317% dearer against Extended than usual: you sell high and buy low (spread +0.376% now, against its 7-day average of +0.059%): +$32 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.178% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.178% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.84 per $10,000. 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 | Extended ZRO-USD | 1.1646 | 0.0768 | pay 0.0096% / 1h | 1m 03s | $797K | $647K | 10x |
| Short | ApeX Omni ZROUSDT | 1.1690 | 0.0100 | get 0.0013% / 1h | 1m 03s | $39K | $669K | 50x |
Extended ZRO-USD
ApeX Omni ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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
- −$140.28
- Price spread: +0.376% → +0.059%
- $31.67
- Slippage, 4 orders
- −$287.46
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$411.07
- Costs to cover
- 3.025%
- Break-even
- never at this rate
Slippage from Extended: live order book, 42 min ago; ApeX Omni: live order book, 42 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 Extended live order book, 42 min ago | 4.69 bp | 251.2 bp −$251 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 42 min ago | 12.83 bp | 22.0 bp −$22 | 125.3 bp −$1,253 | 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 | +0.0026% | 1h | 1.1652 | +0.052% | $21K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0072% | 1h | 1.1643 | −0.030% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0094% | 4h | 1.1647 | +0.006% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1670 | +0.200% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1659 | +0.109% | $36.9M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1653 | +0.062% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1653 | +0.058% | $137K | $171K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1646 | −0.002% | $21.8M | $29.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1641 | −0.045% | $17.8M | $13.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1646 | −0.002% | $3.2M | $7.6M | 20x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
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 | 1.1650 | +0.032% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1643 | −0.028% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1659 | +0.109% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1647 | +0.006% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1646 | −0.002% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1681 | +0.302% | $2.3M | $771K | — | as long as short |
| ApeX Omni ZROUSDTshort | +0.0100% | 1h | 1.1690 | +0.376% | $39K | $669K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1654 | +0.066% | $99K | $817K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1648 | +0.018% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0142% | 4h | 1.1643 | −0.028% | $1.0M | $202K | 75x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0199% | 1h | 1.1652 | +0.049% | $95K | $216K | 20x | as long as short |
| Nado ZRO-PERP | +0.0249% | 1h | 1.1651 | +0.041% | $1.3M | $128K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1646 | +0.001% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0516% | 1h | 1.1660 | +0.116% | $254K | $298K | 25x | as long as short |
| Extended ZRO-USDlong | +0.0768% | 1h | 1.1646 | long leg | $797K | $647K | 10x | |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1730 | +0.719% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Backpack ZRO_USDC_PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP