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+0.2237%/8h= +245.0% APRnext payment +$2.80 per $10,000 · paid last 24h +1.050%
Price spread now: GMX against Aevo−0.016%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$67 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZRO-PERP1.18550.0104pay 0.0013% / 1h52m 37s$21K3x
ShortGMX ZRO/USD [ETH-USDC]1.1853L +0.0292% / S −0.2341%get 0.0293% / 1h52m 37s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$469.81
Price spread: −0.016% → 0.000%
−$1.56
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$440.25
Costs to cover
0.280%
Break-even
0.4 days
Slippage unknown: Aevo: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell GMX no order-book sample
Aevo and GMX: 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−0.0176%1h1.1835−0.171%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0016%4h1.18550.000%$21K$7K10xas long as short
BloFin ZRO-USDT+0.0058%4h1.1858+0.025%$1.1M$258K75xas long as short
Lighter ZRO+0.0096%1h1.1858+0.027%$4.4M$1.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1863+0.064%$159K$154K10xas long as short
Pacifica ZRO+0.0100%1h1.1852−0.025%$138K$181K5xas long as short
Binance ZROUSDT+0.0100%4h1.1840−0.127%$22.2M$31.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1836−0.160%$18.0M$14.7M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1850−0.042%$3.2M$8.3M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1860+0.042%$1.4M$1.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1849−0.051%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1862+0.059%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1849−0.051%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1851−0.034%$10.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1854−0.005%$2.3M$850Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1870+0.127%$37K$687K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1850−0.042%$89K$815K5xas long as short
Aevo ZRO-PERPlong+0.0104%1h1.1855long leg$21K3x
Kraken Futures PF_ZROUSD+0.0132%1h1.1872+0.143%$255K$434K25xas long as short
dYdX ZRO-USD+0.0150%1h1.1858+0.024%$21K$2K5xas long as short
Backpack ZRO_USDC_PERP+0.0184%1h1.1863+0.067%$101K$207K20xas long as short
Hyperliquid ZRO+0.0218%1h1.1865+0.084%$37.7M$6.2M5xas long as short
GMX ZRO/USD [ETH-USDC]shortL +0.0292% / S −0.2341%1h1.1853−0.016%$3K100x
Nado ZRO-PERP+0.0310%1h1.1847−0.064%$1.3M$125K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1920+0.548%$12K$260K12xas long as short
Extended ZRO-USD+0.2000%1h1.1846−0.080%$784K$558K10xas long as short