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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.026%
Price spread now: dYdX against Aster+0.019%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 airdropAster: Stage 5 · farm boardneeds 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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.18240.0100pay 0.0050% / 4h2h 36m$158K$161K10x
ShortdYdX ZRO-USD1.18260get 0.0000% / 1h36m 12s$21K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aster. 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
−$21
Price spread: +0.019% → 0.000%
$1.88
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$37.12
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 50 min ago; dYdX: 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 Aster live order book, 50 min ago3.81 bp48.0 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.0392%1h1.1802−0.187%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0055%4h1.1812−0.100%$21K$7K10xas long as short
dYdX ZRO-USDshort0.0000%1h1.1826+0.019%$21K$2K5x
Bybit ZROUSDT+0.0016%4h1.1798−0.218%$18.1M$15.9M50xas long as short
OKX ZRO-USDT-SWAP+0.0038%4h1.1813−0.091%$3.2M$9.1M20xas long as short
Lighter ZRO+0.0096%1h1.1821−0.025%$4.6M$1.2M5xas long as short
Variational Omni ZRO+0.0100%4h1.1802−0.188%$2.3M$879Kas long as short
Hyperliquid ZRO+0.0100%1h1.1823−0.007%$37.5M$6.9M5xas long as short
Aster ZROUSDTlong+0.0100%4h1.1824long leg$158K$161K10x
Pacifica ZRO+0.0100%1h1.1811−0.108%$144K$195K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZROUSDT+0.0100%4h1.1814−0.082%$22.3M$33.9M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1810−0.117%$1.3M$2.0M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1816−0.066%$19.1M$3.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1824+0.002%$2.6M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1815−0.074%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1810−0.117%$10.9Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1834+0.086%$92K$204K20xas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1810−0.117%$37K$681K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1818−0.049%$87K$990K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1810−0.120%$21K3xas long as short
BloFin ZRO-USDT+0.0114%4h1.1826+0.019%$1.1M$266K75xas long as short
Nado ZRO-PERP+0.0164%1h1.1811−0.106%$1.3M$130K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1823−0.010%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0317%1h1.1820−0.036%$250K$577K25xas long as short
Extended ZRO-USD+0.0744%1h1.1808−0.136%$780K$560K10xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1850+0.222%$12K$145K12xas long as short