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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.067%
Price spread now: 01 Exchange against Aster−0.043%7-day average · you buy dearer than you sell
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 3 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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and 01 Exchange is 0.043% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.17700.0100pay 0.0050% / 4h8m 17s$157K$153K10x
Short01 Exchange ZROUSD1.1765−0.0240pay 0.0030% / 1h8m 17s$7K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$71.4
Price spread: −0.043% → 0.000%
−$4.33
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$90.73
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 3 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 Aster live order book, 3 min ago4.68 bp125.3 bp −$125doesn't fitdoesn'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−0.0240%1h1.1765−0.043%$7K$3K5x
Orderly PERP_ZRO_USDC+0.0012%4h1.1768−0.021%$21K$7K10xas long as short
dYdX ZRO-USD+0.0096%1h1.1754−0.141%$21K$3K5xas long as short
Lighter ZRO+0.0096%1h1.1763−0.060%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1774+0.030%$37.3M$6.1M5xas long as short
Aster ZROUSDTlong+0.0100%4h1.1770long leg$157K$153K10x
Pacifica ZRO+0.0100%1h1.1760−0.089%$136K$173K5xas long as short
Binance ZROUSDT+0.0100%4h1.1768−0.024%$22.1M$30.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1757−0.115%$17.9M$14.4M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1765−0.047%$3.2M$8.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1750−0.174%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1772+0.013%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1751−0.166%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1769−0.013%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1760−0.089%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1754−0.140%$97K$206K20xas long as short
Variational Omni ZRO+0.0100%4h1.1719−0.439%$2.3M$879Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1730−0.344%$37K$687K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1773+0.021%$94K$823K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1768−0.024%$21K3xas long as short
Kraken Futures PF_ZROUSD+0.0133%1h1.1778+0.062%$253K$419K25xas long as short
BloFin ZRO-USDT+0.0134%4h1.1740−0.259%$1.1M$256K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1770−0.001%$3K100xas long as short
Nado ZRO-PERP+0.0305%1h1.1762−0.074%$1.3M$124K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1790+0.166%$12K$260K12xas long as short
Extended ZRO-USD+0.1936%1h1.1764−0.059%$784K$589K10xas long as short