ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0534%/8h= +58.4% APRnext payment +$0.67 per $10,000 · paid last 24h −0.009%

Price spread now: dYdX against Kraken Futures−0.122%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. dYdX is 0.122% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 18 hours of funding at the current rate (+$16 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ZROUSD	1.1732	−0.0534	get 0.0067% / 1h	2m 30s	$267K	$190K	25x
Short	dYdX ZRO-USD	1.1717	0	get 0.0000% / 1h	2m 30s	$21K	$5K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee dYdXbpOrdersPrice spread, now −0.122%Rate

Funding earned: $112.09
Price spread: −0.122% → 0.000%: −$12.22
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $79.87
Costs to cover: 0.200%
Break-even: 2.0 days

Slippage unknown: Kraken Futures: live order book, 43 min ago; dYdX: no order-book sample. 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 Kraken Futures live order book, 43 min ago	18.71 bp	49.8 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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 exchanges

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
Injective ZRO/USDC PERP	−0.0774%	1h	1.1760	+0.240%	$12K	$257K	12x	as long as short
Kraken Futures PF_ZROUSDlong	−0.0534%	1h	1.1732	long leg	$267K	$190K	25x
01 Exchange ZROUSD	−0.0176%	1h	1.1717	−0.123%	$4K	$5K	5x	as long as short
Bybit ZROUSDT	−0.0121%	4h	1.1706	−0.220%	$18.0M	$11.3M	50x	as long as short
Variational Omni ZRO	−0.0043%	4h	1.1707	−0.212%	$2.3M	$732K	—	as long as short
Orderly PERP_ZRO_USDC	−0.0035%	4h	1.1720	−0.101%	$20K	$2K	10x	as long as short
dYdX ZRO-USDshort	0.0000%	1h	1.1717	−0.122%	$21K	$5K	5x
OKX ZRO-USDT-SWAP	+0.0043%	4h	1.1724	−0.067%	$3.2M	$7.3M	20x	as long as short
BloFin ZRO-USDT	+0.0093%	4h	1.1720	−0.101%	$1.0M	$139K	75x	as long as short
Lighter ZRO	+0.0096%	1h	1.1731	−0.008%	$4.4M	$1.1M	5x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado ZRO-PERP	+0.0100%	1h	1.1716	−0.136%	$1.3M	$121K	5x	as long as short
Hyperliquid ZRO	+0.0100%	1h	1.1742	+0.087%	$37.1M	$5.0M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1727	−0.043%	$158K	$118K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1718	−0.118%	$135K	$140K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1722	−0.084%	$21.9M	$26.0M	75x	as long as short
Gate ZRO_USDT	+0.0100%	4h	1.1720	−0.101%	$1.3M	$1.1M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1714	−0.152%	$9.5M	$2.5M	125x	as long as short
KuCoin ZROUSDTM	+0.0100%	4h	1.1728	−0.033%	$2.2M	$2.2M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1722	−0.084%	$2.8M	$2.3M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1716	−0.135%	—	$25.0M	—	as long as short
Backpack ZRO_USDC_PERP	+0.0100%	1h	1.1724	−0.067%	$93K	$219K	20x	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1730	−0.016%	$40K	$671K	50x	as long as short
Polymarket Perps ZRO-USD	+0.0100%	1h	1.1728	−0.033%	$80K	$699K	5x	as long as short
Aevo ZRO-PERP	+0.0104%	1h	1.1715	−0.143%	$21K	—	3x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1722	−0.080%	$3K	—	100x	as long as short
Extended ZRO-USD	+0.0544%	1h	1.1722	−0.084%	$798K	$654K	10x	as long as short