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: Aster against Binance+0.140%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1721.723% 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)−0.030%−$3 · spread now +0.140%, 7d avg +0.051%
Together, before fees−0.030%+ Points / potential airdropAster: Stage 5 · farm board−$3 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: Aster is 0.089% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZROUSDT1.16610.0100pay 0.0050% / 4h1h 04m$21.8M$29.0M75x
ShortAster ZROUSDT1.16770.0100get 0.0050% / 4h1h 04m$157K$149K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
Price spread: +0.140% → +0.051%
$8.94
Slippage, 4 orders
−$154.32
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$163.38
Costs to cover
1.723%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Aster: live order book, 37 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 Binance live order book, 7 min ago0.43 bp14.0 bp −$1433.3 bp −$333273.5 bp −$27.4Kdoesn't fit
Sell Aster live order book, 37 min ago3.85 bp25.0 bp −$25doesn't fitdoesn'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+0.0027%1h1.1670+0.081%$21K$5K5xas long as short
BloFin ZRO-USDT+0.0062%4h1.1684+0.200%$1.0M$202K75xas long as short
01 Exchange ZROUSD+0.0080%1h1.1668+0.060%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0094%4h1.1663+0.020%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1684+0.201%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1673+0.107%$37.0M$5.4M5xas long as short
Aster ZROUSDTshort+0.0100%4h1.1677+0.140%$157K$149K10x
Pacifica ZRO+0.0100%1h1.1671+0.086%$137K$171K5xas long as short
Binance ZROUSDTlong+0.0100%4h1.1661long leg$21.8M$29.0M75x
Bybit ZROUSDT+0.0100%4h1.1662+0.011%$17.9M$13.3M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1662+0.011%$3.2M$7.7M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1680+0.166%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1662+0.011%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1677+0.140%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1664+0.028%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1667+0.054%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1681+0.178%$2.3M$771Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1690+0.251%$39K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1669+0.071%$99K$817K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1660−0.006%$21K3xas long as short
Backpack ZRO_USDC_PERP+0.0229%1h1.1667+0.054%$95K$216K20xas long as short
Nado ZRO-PERP+0.0252%1h1.1667+0.050%$1.3M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1662+0.013%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0515%1h1.1674+0.112%$254K$298K25xas long as short
Extended ZRO-USD+0.0768%1h1.1662+0.012%$797K$647K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1730+0.594%$12K$261K12xas long as short