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 −0.039%
Price spread now: OKX against BingX+0.009%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$630.625% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 7 days+0.028%+$3 · spread now +0.009%, 7d avg +0.015%
Together, before fees−0.058%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZRO-USDT1.15700.0100pay 0.0050% / 4h2h 23m$16.5M
ShortOKX ZRO-USDT-SWAP1.15710.0100get 0.0050% / 4h2h 23m$3.1M$7.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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: +0.009% → +0.015%
−$0.62
Slippage, 4 orders
−$42.51
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$63.13
Costs to cover
0.625%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; OKX: live order book, 5 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 BingX live order book, 15 min ago2.59 bp9.2 bp −$912.8 bp −$12826.1 bp −$2,61348.9 bp −$24.5K
Sell OKX live order book, 5 min ago1.73 bp21.0 bp −$2179.5 bp −$795doesn'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+0.0010%1h1.1585+0.127%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0067%4h1.1579+0.078%$20K$4K10xas long as short
BloFin ZRO-USDT+0.0090%4h1.1560−0.086%$1.0M$247K75xas long as short
Lighter ZRO+0.0096%1h1.1599+0.250%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1581+0.095%$36.7M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1578+0.072%$156K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1581+0.099%$136K$176K5xas long as short
Binance ZROUSDT+0.0100%4h1.1574+0.036%$21.6M$29.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1572+0.017%$17.7M$13.6M50xas long as short
OKX ZRO-USDT-SWAPshort+0.0100%4h1.1571+0.009%$3.1M$7.7M20x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1560−0.086%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1573+0.026%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1569−0.009%$2.3M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1560−0.086%$2.6M$2.5M75xas long as short
BingX ZRO-USDTlong+0.0100%4h1.1570long leg$16.5M
Backpack ZRO_USDC_PERP+0.0100%1h1.1592+0.190%$94K$219K20xas long as short
Variational Omni ZRO+0.0100%4h1.1540−0.263%$2.2M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1550−0.173%$39K$677K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1579+0.078%$101K$815K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.15700.000%$20K3xas long as short
01 Exchange ZROUSD+0.0112%1h1.1571+0.008%$4K$5K5xas long as short
Nado ZRO-PERP+0.0201%1h1.1573+0.024%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1571+0.010%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0710%1h1.1582+0.105%$251K$335K25xas long as short
Extended ZRO-USD+0.1000%1h1.1573+0.025%$791K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1610+0.346%$12K$260K12xas long as short