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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0148%/8h= −16.2% APRnext payment $0.19 per $10,000 · paid last 24h −0.071%
Price spread now: 01 Exchange against ApeX Omni+0.020%55s7-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 4 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: −$4 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZROUSDT1.15800.0100pay 0.0013% / 1h46m 12s$39K$673K50x
Short01 Exchange ZROUSD1.1582−0.0048pay 0.0006% / 1h46m 12s$7K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$31.08
Price spread: +0.020% → 0.000%
$1.99
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$46.09
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 12 min ago; 01 Exchange: 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 ApeX Omni live order book, 12 min ago12.89 bp21.4 bp −$21117.3 bp −$1,173doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 ZROUSDshort−0.0048%1h1.1582+0.020%$7K$3K5x
dYdX ZRO-USD+0.0003%1h1.1585+0.042%$21K$4K5xas long as short
Backpack ZRO_USDC_PERP+0.0029%1h1.1602+0.190%$97K$196K20xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1589+0.078%$20K$5K10xas long as short
Lighter ZRO+0.0096%1h1.1612+0.280%$4.3M$1.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1592+0.101%$156K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1586+0.052%$134K$178K5xas long as short
Binance ZROUSDT+0.0100%4h1.1596+0.139%$21.7M$29.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1589+0.078%$17.7M$13.9M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1587+0.060%$3.1M$7.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1600+0.173%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1599+0.164%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.15800.000%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1585+0.043%$2.6M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1595+0.130%$16.4Mas long as short
Variational Omni ZRO+0.0100%4h1.1578−0.018%$2.2M$811Kas long as short
ApeX Omni ZROUSDTlong+0.0100%1h1.1580long leg$39K$673K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1589+0.078%$97K$844K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1588+0.069%$20K3xas long as short
BloFin ZRO-USDT+0.0146%4h1.1569−0.095%$1.1M$246K75xas long as short
Nado ZRO-PERP+0.0219%1h1.1588+0.071%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1583+0.026%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0383%1h1.1608+0.243%$255K$404K25xas long as short
Hyperliquid ZRO+0.0512%1h1.1616+0.311%$36.8M$5.4M5xas long as short
Extended ZRO-USD+0.1128%1h1.1593+0.115%$776K$590K10xas long as short
Injective ZRO/USDC PERP+0.1186%1h1.1630+0.432%$12K$260K12xas long as short