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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Aster−0.189%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2272.268% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.189%, 7d avg −0.046%
Together, before fees+0.136%+ Points / potential airdropAster: Stage 5 · farm board+$14 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: Gate is 0.143% cheaper against Aster than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.17420.0100pay 0.0050% / 4h2h 00m$159K$151K10x
ShortGate ZRO_USDT1.17200.0100get 0.0050% / 4h2h 00m$1.3M$1.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.189% → −0.046%
−$14.29
Slippage, 4 orders
−$203.84
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$241.13
Costs to cover
2.268%
Break-even
never at this rate
Slippage from Aster: live order book, 45 min ago; Gate: live order book, 1 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 Aster live order book, 45 min ago4.73 bp141.6 bp −$142doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.26 bp27.7 bp −$2863.9 bp −$639doesn't fitdoesn't fit

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
dYdX ZRO-USD+0.0006%1h1.1737−0.043%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0072%4h1.1726−0.138%$21K$4K10xas long as short
BloFin ZRO-USDT+0.0076%4h1.1731−0.095%$1.0M$254K75xas long as short
Lighter ZRO+0.0096%1h1.1747+0.044%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1738−0.036%$37.2M$5.5M5xas long as short
Aster ZROUSDTlong+0.0100%4h1.1742long leg$159K$151K10x
Pacifica ZRO+0.0100%1h1.1734−0.068%$138K$174K5xas long as short
Binance ZROUSDT+0.0100%4h1.1726−0.136%$21.9M$29.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1722−0.172%$18.0M$13.6M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1724−0.155%$3.2M$7.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDTshort+0.0100%4h1.1720−0.189%$1.3M$1.5M75x
MEXC ZRO_USDT+0.0100%4h1.1730−0.104%$19.3M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1726−0.138%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1733−0.078%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1730−0.104%$16.6Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1728−0.121%$96K$221K20xas long as short
Variational Omni ZRO+0.0100%4h1.1717−0.216%$2.3M$812Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1750+0.067%$39K$673K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1732−0.087%$99K$821K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1721−0.184%$21K3xas long as short
01 Exchange ZROUSD+0.0136%1h1.1732−0.082%$4K$5K5xas long as short
Nado ZRO-PERP+0.0148%1h1.1736−0.049%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1723−0.164%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0701%1h1.1737−0.047%$254K$333K25xas long as short
Extended ZRO-USD+0.0824%1h1.1725−0.148%$803K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1790+0.407%$12K$261K12xas long as short