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: Binance against Bitget+0.003%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$650.650% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.003%, 7d avg +0.017%
Together, before fees−0.076%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZROUSDT1.17370.0100pay 0.0050% / 4h3h 33m$2.7M$2.6M75x
ShortBinance ZROUSDT1.17370.0100get 0.0050% / 4h3h 33m$22.0M$29.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.003% → +0.017%
−$1.41
Slippage, 4 orders
−$42.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$66.38
Costs to cover
0.650%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 8 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 Bitget live order book, 4 min ago2.98 bp18.0 bp −$1837.8 bp −$378doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.28 bp14.3 bp −$1436.1 bp −$361241.1 bp −$24.1Kdoesn'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
Orderly PERP_ZRO_USDC+0.0049%4h1.17370.000%$21K$5K10xas long as short
dYdX ZRO-USD+0.0049%1h1.1734−0.026%$21K$4K5xas long as short
Lighter ZRO+0.0096%1h1.1758+0.176%$4.4M$1.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1744+0.058%$158K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1733−0.031%$136K$178K5xas long as short
Binance ZROUSDTshort+0.0100%4h1.1737+0.003%$22.0M$29.7M75x
Bybit ZROUSDT+0.0100%4h1.1730−0.060%$17.9M$13.8M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1738+0.009%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1720−0.145%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1733−0.034%$19.2M$2.7M125xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZROUSDTM+0.0100%4h1.1736−0.009%$2.4M$2.0M50xas long as short
Bitget ZROUSDTlong+0.0100%4h1.1737long leg$2.7M$2.6M75x
BingX ZRO-USDT+0.0100%4h1.1733−0.034%$16.4Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1730−0.060%$97K$222K20xas long as short
Variational Omni ZRO+0.0100%4h1.1731−0.052%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1760+0.196%$39K$676K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1744+0.060%$100K$850K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1735−0.017%$21K3xas long as short
BloFin ZRO-USDT+0.0156%4h1.1738+0.009%$1.1M$249K75xas long as short
Nado ZRO-PERP+0.0218%1h1.1740+0.025%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1734−0.022%$3K100xas long as short
01 Exchange ZROUSD+0.0328%1h1.1751+0.119%$7K$3K5xas long as short
Kraken Futures PF_ZROUSD+0.0461%1h1.1750+0.108%$258K$384K25xas long as short
Hyperliquid ZRO+0.0536%1h1.1753+0.136%$37.3M$5.5M5xas long as short
Extended ZRO-USD+0.1152%1h1.1735−0.020%$807K$618K10xas long as short
Injective ZRO/USDC PERP+0.1363%1h1.1780+0.366%$12K$261K12xas long as short