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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against ApeX Omni+0.137%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1941.944% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.843%−$84 · spread now +0.137%, 7d avg +0.015%
Together, before fees−0.843%+ Points / potential airdropAster: Stage 5 · farm board−$84 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.122% dearer against ApeX Omni than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZROUSDT1.16600.0100pay 0.0013% / 1h6m 56s$39K$674K50x
ShortAster ZROUSDT1.16760.0100get 0.0050% / 4h2h 06m$157K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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
Price spread: +0.137% → +0.015%
$12.16
Slippage, 4 orders
−$176.44
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$182.28
Costs to cover
1.944%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 61 min ago; Aster: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 61 min ago8.44 bp17.9 bp −$18110.4 bp −$1,104doesn't fitdoesn't fit
Sell Aster live order book, 59 min ago4.65 bp29.3 bp −$29doesn't fitdoesn't fitdoesn't fit

ZRO on 25 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−0.0224%1h1.1665+0.042%$7K$3K5xas long as short
Bybit ZROUSDT−0.0022%4h1.1657−0.026%$17.9M$13.9M50xas long as short
dYdX ZRO-USD+0.0003%1h1.1685+0.217%$21K$3K5xas long as short
Gate ZRO_USDT+0.0016%4h1.1650−0.086%$1.3M$1.5M75xas long as short
Orderly PERP_ZRO_USDC+0.0031%4h1.1663+0.026%$20K$5K10xas long as short
Lighter ZRO+0.0096%1h1.1683+0.202%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1681+0.180%$37.0M$5.4M5xas long as short
Aster ZROUSDTshort+0.0100%4h1.1676+0.137%$157K$150K10x
Pacifica ZRO+0.0100%1h1.1673+0.113%$136K$167K5xas long as short
Binance ZROUSDT+0.0100%4h1.1662+0.020%$21.8M$29.7M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.16600.000%$3.2M$7.9M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1665+0.043%$19.0M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1673+0.111%$2.3M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1667+0.060%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1656−0.034%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1672+0.103%$98K$212K20xas long as short
Variational Omni ZRO+0.0100%4h1.1662+0.021%$2.3M$815Kas long as short
ApeX Omni ZROUSDTlong+0.0100%1h1.1660long leg$39K$674K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1664+0.034%$91K$836K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.16600.000%$21K3xas long as short
Nado ZRO-PERP+0.0231%1h1.1662+0.021%$1.3M$123K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1669+0.080%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0373%1h1.1674+0.116%$250K$399K25xas long as short
Extended ZRO-USD+0.0976%1h1.1658−0.017%$780K$590K10xas long as short
Injective ZRO/USDC PERP+0.1213%1h1.1720+0.515%$12K$260K12xas long as short