Settings8H · net · $10k
Funding arb · Price arb /

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Aevo−0.009%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZRO-PERP1.17460.0104pay 0.0013% / 1h28m 03s$21K3x
ShortBingX ZRO-USDT1.17450.0100get 0.0050% / 4h28m 03s$10.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aevo. 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

Funding earned
−$0.84
Price spread: −0.009% → 0.000%
−$0.89
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BingX: 5 bp × 2 orders
−$10
Net
−$27.73
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; BingX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell BingX live order book, 10 min ago2.97 bp9.6 bp −$1012.2 bp −$12219.2 bp −$1,91944.5 bp −$22.2K
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZROUSD−0.0168%1h1.1741−0.045%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0003%4h1.1751+0.042%$21K$7K10xas long as short
Lighter ZRO+0.0096%1h1.1753+0.058%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1756+0.085%$37.3M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1758+0.101%$157K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1745−0.008%$136K$177K5xas long as short
Binance ZROUSDT+0.0100%4h1.1752+0.051%$22.1M$31.3M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1747+0.008%$17.9M$14.7M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1751+0.042%$3.2M$8.3M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1740−0.051%$1.3M$1.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1747+0.008%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1736−0.085%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1742−0.034%$2.7M$2.4M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1745−0.009%$10.7M
Backpack ZRO_USDC_PERP+0.0100%1h1.1756+0.085%$100K$207K20xas long as short
Variational Omni ZRO+0.0100%4h1.1733−0.110%$2.3M$878Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1740−0.051%$37K$686K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1749+0.025%$94K$825K5xas long as short
Aevo ZRO-PERPlong+0.0104%1h1.1746long leg$21K3x
Kraken Futures PF_ZROUSD+0.0133%1h1.1764+0.149%$252K$434K25xas long as short
dYdX ZRO-USD+0.0142%1h1.1738−0.064%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0153%4h1.1741−0.043%$1.1M$255K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1750+0.030%$3K100xas long as short
Nado ZRO-PERP+0.0350%1h1.1744−0.017%$1.3M$125K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1780+0.289%$12K$260K12xas long as short
Extended ZRO-USD+0.2008%1h1.1745−0.012%$784K$610K10xas long as short