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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against BingX−0.050%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$570.569% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.050%, 7d avg +0.029%
Together, before fees+0.102%+ Points / potential airdropPacifica: Active · farm board+$10 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: Pacifica is 0.079% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZRO-USDT1.17430.0100pay 0.0050% / 4h10m 28s$10.7M
ShortPacifica ZRO1.17370.0100get 0.0013% / 1h10m 28s$136K$175K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.050% → +0.029%
−$7.88
Slippage, 4 orders
−$38.89
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$64.77
Costs to cover
0.569%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Pacifica: live order book, 2 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, 3 min ago2.56 bp9.6 bp −$1013.6 bp −$13625.4 bp −$2,54049.5 bp −$24.8K
Sell Pacifica live order book, 2 min ago6.39 bp17.7 bp −$18doesn'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
01 Exchange ZROUSD−0.0232%1h1.1731−0.102%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0012%4h1.1726−0.145%$21K$7K10xas long as short
dYdX ZRO-USD+0.0096%1h1.1738−0.040%$21K$3K5xas long as short
Lighter ZRO+0.0096%1h1.1748+0.047%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1752+0.077%$37.2M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1748+0.046%$157K$153K10xas long as short
Pacifica ZROshort+0.0100%1h1.1737−0.050%$136K$175K5x
Binance ZROUSDT+0.0100%4h1.1744+0.009%$22.0M$30.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1740−0.026%$17.9M$14.4M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1747+0.034%$3.2M$8.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1730−0.111%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.17430.000%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1735−0.068%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.17430.000%$2.7M$2.4M75xas long as short
BingX ZRO-USDTlong+0.0100%4h1.1743long leg$10.7M
Backpack ZRO_USDC_PERP+0.0100%1h1.1734−0.077%$97K$207K20xas long as short
Variational Omni ZRO+0.0100%4h1.1719−0.206%$2.3M$879Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1730−0.111%$37K$687K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1757+0.119%$94K$823K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1730−0.111%$21K3xas long as short
Kraken Futures PF_ZROUSD+0.0133%1h1.1741−0.021%$252K$419K25xas long as short
BloFin ZRO-USDT+0.0150%4h1.1723−0.170%$1.1M$255K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1750+0.058%$3K100xas long as short
Nado ZRO-PERP+0.0314%1h1.1739−0.036%$1.3M$124K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1790+0.400%$12K$260K12xas long as short
Extended ZRO-USD+0.1976%1h1.1746+0.026%$784K$589K10xas long as short