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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.032%
Price spread now: Hyperliquid against Aevo+0.066%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.066% dearer against Aevo than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZRO-PERP1.17880.0104pay 0.0013% / 1h21m 08s$21K3x
ShortHyperliquid ZRO1.17960.0100get 0.0013% / 1h21m 08s$37.4M$5.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.066% → 0.000%
$6.57
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$19.27
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Hyperliquid: live order book, 12 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 Hyperliquid live order book, 12 min ago3.40 bp13.3 bp −$13doesn't fitdoesn't fitdoesn'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 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−0.0088%1h1.1779−0.083%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0013%4h1.1792+0.032%$21K$6K10xas long as short
Lighter ZRO+0.0096%1h1.1799+0.089%$4.4M$1.5M5xas long as short
Hyperliquid ZROshort+0.0100%1h1.1796+0.066%$37.4M$5.7M5x
Aster ZROUSDT+0.0100%4h1.1804+0.135%$158K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1790+0.014%$137K$170K5xas long as short
Binance ZROUSDT+0.0100%4h1.1790+0.015%$22.2M$30.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1786−0.019%$18.0M$14.1M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1799+0.091%$3.2M$8.0M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1780−0.070%$1.4M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1789+0.006%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1793+0.040%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1785−0.028%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1790+0.015%$14.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1783−0.048%$2.3M$854Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1810+0.184%$37K$687K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1798+0.083%$92K$828K5xas long as short
Aevo ZRO-PERPlong+0.0104%1h1.1788long leg$21K3x
BloFin ZRO-USDT+0.0112%4h1.1792+0.032%$1.1M$254K75xas long as short
dYdX ZRO-USD+0.0245%1h1.1802+0.118%$21K$3K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1792+0.036%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0301%1h1.1799+0.091%$253K$410K25xas long as short
Nado ZRO-PERP+0.0303%1h1.1789+0.010%$1.3M$129K5xas long as short
Backpack ZRO_USDC_PERP+0.0392%1h1.1797+0.074%$98K$205K20xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1840+0.439%$12K$260K12xas long as short
Extended ZRO-USD+0.1312%1h1.1790+0.019%$788K$589K10xas long as short