ZRO

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackZRO_USDC_PERP	1.7255	+0.0210	pay 0.0026% / 1h	13m 11s	$140K	$145K	20x	Long Backpack
SHORT	PhoenixZRO	1.7258	−0.0140	pay 0.0018% / 1h	13m 11s	$201K	$19K	5x	Short Phoenix

Price gap+0.017%

Funding gap−0.0351% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.052% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$80−0.0351% /8h now · paid −0.798% over the last 7D

Price−$5spread +0.017% now, avg +0.070% → −0.052% if it goes back

Costs−$650.652% of $10k · taker + slippage, in and out

Result−$150−1.50%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.017%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ZRO on 30 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size14.2 / 20.6 bp
At $10k entering Phoenix costs 20.6 bp, fee and slippage, 1.5× Backpack’s.
Note: Margin at max leverage$500 + $2,000
Backpack 20x, Phoenix 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$10.52Long Backpack: 24 payments, −$6.31; short Phoenix: 24 payments, −$4.21.
Watch: Gap narrower than usual+0.017% vs +0.070%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$140K vs $201K OI
Backpack sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBackpack Yes · Phoenix No
KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0380%/8h × 21 periods−$79.76

Price spread+0.017% → +0.070% (7d avg)−$5.23

Slippage, 4 orderslive order books−$48.24

Fee Backpack bp × 2 orders−$10.00

Fee Phoenix bp × 2 orders−$7.00

Net · 7 days · $10k−$150.23

Costs to cover0.652%Break-evennever at this rate

Slippage: Backpack: live order book, 9 min ago; Phoenix: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBackpack2.0414.2 bp−$1429.8 bp−$298doesn’t fitdoesn’t fit

SELL · SHORTPhoenix2.9120.6 bp−$2158.9 bp−$589doesn’t fitdoesn’t fit

Closing costs about the same again.

ZRO news

posts that mention ZRO, from every exchangeSearch all news →

10-21 12:23	OKX	Other	ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-19 19:00	RISEx	Other	The Fed’s gone quiet. Oct 28 hike odds have already slipped to the 10 - 16% range So Big Tech's earnings and Friday’s flash PMIs will most likely carry the tape for this week On crypto: ZRO unlock alongside ZEC's NU7 decision Watch out for Wednesday and Friday @risextrade on X ↗
10-15 13:32	RISEx	Other	Happy trading $GOOGL: $STRK: $ZRO: @risextrade on X ↗
10-15 13:32	RISEx	Listing	This week adds: $GOOGL, Google how to long it. (20x) $STRK, Startnet your L2 bags. (5x) $ZRO, Zero hops between chains. (5x) All three are live More next week. @risextrade on X ↗
10-15 07:23	RISEx	Listing	new market ZRO/USDC ($ZRO) seen by our collector
10-13 15:13	OKX	Other	Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗

ZRO