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: KuCoin against Aster−0.096%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1851.855% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.096%, 7d avg −0.035%
Together, before fees−0.044%+ Points / potential airdropAster: Stage 5 · farm board−$4 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: KuCoin is 0.060% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.17800.0100pay 0.0050% / 4h3h 59m$159K$151K10x
ShortKuCoin ZROUSDTM1.17690.0100get 0.0050% / 4h3h 59m$2.4M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.096% → −0.035%
−$6.01
Slippage, 4 orders
−$165.45
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$191.46
Costs to cover
1.855%
Break-even
never at this rate
Slippage from Aster: live order book, 57 min ago; KuCoin: live order book, 7 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, 57 min ago3.85 bp46.9 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago7.25 bp47.9 bp −$48138.2 bp −$1,382doesn'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+0.0044%1h1.1777−0.025%$21K$4K5xas long as short
Orderly PERP_ZRO_USDC+0.0045%4h1.1766−0.121%$21K$5K10xas long as short
Lighter ZRO+0.0096%1h1.1777−0.031%$4.4M$1.2M5xas long as short
Aster ZROUSDTlong+0.0100%4h1.1780long leg$159K$151K10x
Pacifica ZRO+0.0100%1h1.1780−0.002%$137K$178K5xas long as short
Binance ZROUSDT+0.0100%4h1.1766−0.121%$22.1M$29.9M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1754−0.223%$18.0M$13.9M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1760−0.172%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1770−0.087%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1765−0.129%$19.3M$2.7M125xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZROUSDTMshort+0.0100%4h1.1769−0.096%$2.4M$2.0M50x
Bitget ZROUSDT+0.0100%4h1.1765−0.129%$2.7M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1767−0.113%$16.4Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1768−0.104%$101K$219K20xas long as short
Variational Omni ZRO+0.0100%4h1.1773−0.062%$2.3M$810Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1770−0.087%$39K$673K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1774−0.053%$100K$851K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1765−0.130%$21K3xas long as short
BloFin ZRO-USDT+0.0143%4h1.1765−0.129%$1.1M$250K75xas long as short
Hyperliquid ZRO+0.0151%1h1.1780−0.002%$37.3M$5.5M5xas long as short
Nado ZRO-PERP+0.0151%1h1.1765−0.130%$1.3M$124K5xas long as short
01 Exchange ZROUSD+0.0280%1h1.1783+0.026%$7K$3K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1762−0.156%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0461%1h1.1766−0.118%$259K$389K25xas long as short
Extended ZRO-USD+0.1088%1h1.1756−0.206%$784K$589K10xas long as short
Injective ZRO/USDC PERP+0.1363%1h1.1820+0.337%$12K$260K12xas long as short