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: BingX against Bitget+0.026%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.521% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.066%−$7 · spread now +0.026%, 7d avg +0.014%
Together, before fees−0.066%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZROUSDT1.16640.0100pay 0.0050% / 4h1h 03m$2.7M$2.5M75x
ShortBingX ZRO-USDT1.16670.0100get 0.0050% / 4h1h 03m$16.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.026% → +0.014%
$1.15
Slippage, 4 orders
−$30.12
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$50.97
Costs to cover
0.521%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; BingX: 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 Bitget live order book, 3 min ago3.85 bp16.6 bp −$1735.2 bp −$352doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago2.57 bp7.6 bp −$811.9 bp −$11922.9 bp −$2,29248.3 bp −$24.2K

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+0.053%$21K$5K5xas long as short
BloFin ZRO-USDT+0.0062%4h1.1684+0.171%$1.0M$202K75xas long as short
01 Exchange ZROUSD+0.0080%1h1.1668+0.032%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0094%4h1.1663−0.009%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1684+0.172%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1673+0.079%$37.0M$5.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1677+0.112%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1671+0.058%$137K$171K5xas long as short
Binance ZROUSDT+0.0100%4h1.1661−0.028%$21.8M$29.0M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1662−0.017%$17.9M$13.3M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1662−0.017%$3.2M$7.7M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1680+0.137%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1662−0.017%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1677+0.111%$2.4M$2.0M50xas long as short
Bitget ZROUSDTlong+0.0100%4h1.1664long leg$2.7M$2.5M75x
BingX ZRO-USDTshort+0.0100%4h1.1667+0.026%$16.5M
Variational Omni ZRO+0.0100%4h1.1681+0.150%$2.3M$771Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1690+0.223%$39K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1669+0.043%$99K$817K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1660−0.034%$21K3xas long as short
Backpack ZRO_USDC_PERP+0.0229%1h1.1667+0.026%$95K$216K20xas long as short
Nado ZRO-PERP+0.0252%1h1.1667+0.022%$1.3M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1662−0.016%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0515%1h1.1674+0.084%$254K$298K25xas long as short
Extended ZRO-USD+0.0768%1h1.1662−0.017%$797K$647K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1730+0.566%$12K$261K12xas long as short