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+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Binance−0.059%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.059% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZROUSDT1.17530.0100pay 0.0050% / 4h27m 43s$22.1M$31.3M75x
ShortAevo ZRO-PERP1.17460.0104get 0.0013% / 1h27m 43s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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
$0.84
Price spread: −0.059% → 0.000%
−$5.92
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$31.08
Costs to cover
0.260%
Break-even
266.0 days
Slippage unknown: Binance: live order book, 14 min ago; Aevo: 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 Binance live order book, 14 min ago0.42 bp12.9 bp −$1336.5 bp −$365303.0 bp −$30.3Kdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0168%1h1.1741−0.104%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0003%4h1.1751−0.017%$21K$7K10xas long as short
Lighter ZRO+0.0096%1h1.1760+0.057%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1763+0.085%$37.3M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1759+0.049%$157K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1757+0.033%$136K$177K5xas long as short
Binance ZROUSDTlong+0.0100%4h1.1753long leg$22.1M$31.3M75x
Bybit ZROUSDT+0.0100%4h1.1749−0.034%$17.9M$14.7M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1752−0.009%$3.2M$8.3M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1740−0.111%$1.3M$1.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1752−0.009%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1738−0.128%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1751−0.017%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.17530.000%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1756+0.026%$100K$207K20xas long as short
Variational Omni ZRO+0.0100%4h1.1733−0.169%$2.3M$878Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1740−0.111%$37K$686K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1749−0.034%$94K$825K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1746−0.059%$21K3x
Kraken Futures PF_ZROUSD+0.0133%1h1.1764+0.090%$252K$434K25xas long as short
dYdX ZRO-USD+0.0143%1h1.1748−0.044%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0153%4h1.1741−0.102%$1.1M$255K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1750−0.029%$3K100xas long as short
Nado ZRO-PERP+0.0350%1h1.1744−0.076%$1.3M$125K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1780+0.230%$12K$260K12xas long as short
Extended ZRO-USD+0.2008%1h1.1751−0.013%$784K$610K10xas long as short