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

ZRO

all ZRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against BingX+0.309%7-day average −0.025% · you sell dearer than you buy
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 3 days (all we have)−0.004%$0 on $10k
Price spread, last 7 days−0.360%−$36 · spread now +0.309%, 7d avg −0.025%
Together, before fees−0.364%+ Points / potential airdropVariational Omni: Active · farm board−$36 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: Variational Omni is 0.334% dearer against BingX than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZRO-USDT1.18010.0100pay 0.0050% / 4h1h 51m$10.8M
ShortVariational Omni ZRO1.18370.0100get 0.0050% / 4h1h 51m$2.3M$859K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.309% → −0.025%
$33.43
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$23.43
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. 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 BingX live order book, 2 min ago2.12 bp7.1 bp −$710.3 bp −$10330.3 bp −$3,026118.1 bp −$59.1K
Sell Variational Omni RFQ quote, 3 min ago3.59 bpdoesn't fit35.9 bp −$359doesn'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−0.0504%1h1.1780−0.180%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0061%4h1.1807+0.051%$21K$7K10xas long as short
BloFin ZRO-USDT+0.0041%4h1.1824+0.195%$1.1M$263K75xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1821+0.173%$250K$563K25xas long as short
dYdX ZRO-USD+0.0066%1h1.1807+0.050%$21K$2K5xas long as short
Lighter ZRO+0.0096%1h1.1801−0.001%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1810+0.080%$37.5M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1816+0.131%$158K$160K10xas long as short
Pacifica ZRO+0.0100%1h1.1800−0.006%$138K$190K5xas long as short
Binance ZROUSDT+0.0100%4h1.1798−0.025%$22.2M$32.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h1.1785−0.136%$18.0M$15.0M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1797−0.034%$3.2M$8.6M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1810+0.076%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1795−0.051%$19.1M$3.1M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1816+0.127%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1803+0.017%$2.7M$2.4M75xas long as short
BingX ZRO-USDTlong+0.0100%4h1.1801long leg$10.8M
Backpack ZRO_USDC_PERP+0.0100%1h1.1810+0.076%$95K$205K20xas long as short
Variational Omni ZROshort+0.0100%4h1.1837+0.309%$2.3M$859K
ApeX Omni ZROUSDT+0.0100%1h1.1840+0.330%$37K$682K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1808+0.059%$88K$906K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1804+0.030%$21K3xas long as short
Nado ZRO-PERP+0.0177%1h1.1795−0.053%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0295% / S −0.2416%1h1.1804+0.022%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1880+0.669%$12K$218K12xas long as short
Extended ZRO-USD+0.2176%1h1.1797−0.030%$784K$541K10xas long as short