Funding you earn now, next payment 02:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.001%
Price spread now: Bybit against Aevo−0.026%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.026% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZRO-PERP | 1.1660 | 0.0104 | pay 0.0013% / 1h | 7m 08s | $21K | — | 3x |
| Short | Bybit ZROUSDT | 1.1657 | −0.0022 | pay 0.0011% / 4h | 2h 07m | $17.9M | $13.9M | 50x |
Aevo ZRO-PERP
Bybit ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aevo. 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
- −$26.36
- Price spread: −0.026% → 0.000%
- −$2.57
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$55.93
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 1 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 1.28 bp | 16.3 bp −$16 | 48.1 bp −$481 | doesn't fit | doesn't fit |
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 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0224% | 1h | 1.1665 | +0.042% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDTshort | −0.0022% | 4h | 1.1657 | −0.026% | $17.9M | $13.9M | 50x | |
| dYdX ZRO-USD | +0.0003% | 1h | 1.1685 | +0.217% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDT | +0.0016% | 4h | 1.1650 | −0.086% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0031% | 4h | 1.1663 | +0.026% | $20K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1683 | +0.202% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1681 | +0.180% | $37.0M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1670 | +0.089% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1673 | +0.113% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1666 | +0.049% | $21.8M | $29.7M | 75x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1663 | +0.026% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1660 | 0.000% | $19.0M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1671 | +0.094% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1660 | 0.000% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1661 | +0.009% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1672 | +0.103% | $98K | $212K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1662 | +0.021% | $2.3M | $815K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1660 | 0.000% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1664 | +0.034% | $91K | $836K | 5x | as long as short |
| Aevo ZRO-PERPlong | +0.0104% | 1h | 1.1660 | long leg | $21K | — | 3x | |
| Nado ZRO-PERP | +0.0231% | 1h | 1.1662 | +0.021% | $1.3M | $123K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1669 | +0.080% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0373% | 1h | 1.1674 | +0.116% | $250K | $399K | 25x | as long as short |
| Extended ZRO-USD | +0.0976% | 1h | 1.1662 | +0.019% | $780K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1720 | +0.515% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP