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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.009%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$710.710% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days−0.063%−$6 · spread now +0.009%, 7d avg −0.007%
Together, before fees−0.076%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZROUSDT1.16550.0100pay 0.0050% / 4h54m 34s$2.7M$2.6M75x
ShortBybit ZROUSDT1.16560.0100get 0.0050% / 4h54m 34s$17.8M$13.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.009% → −0.007%
$1.56
Slippage, 4 orders
−$47.98
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$69.42
Costs to cover
0.710%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 4 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 ago3.01 bp17.7 bp −$1842.7 bp −$427doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.43 bp17.7 bp −$1843.4 bp −$434doesn'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-USD0.0000%1h1.1662+0.060%$21K$4K5xas long as short
01 Exchange ZROUSD+0.0008%1h1.1659+0.031%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1661+0.051%$20K$5K10xas long as short
Lighter ZRO+0.0096%1h1.1688+0.281%$4.4M$1.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1668+0.113%$157K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1666+0.096%$135K$177K5xas long as short
Binance ZROUSDT+0.0100%4h1.1658+0.023%$21.8M$29.7M75xas long as short
Bybit ZROUSDTshort+0.0100%4h1.1656+0.009%$17.8M$13.9M50x
OKX ZRO-USDT-SWAP+0.0100%4h1.1657+0.017%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1660+0.043%$1.3M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1667+0.103%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1656+0.009%$2.4M$2.0M50xas long as short
Bitget ZROUSDTlong+0.0100%4h1.1655long leg$2.7M$2.6M75x
BingX ZRO-USDT+0.0100%4h1.1664+0.077%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1665+0.086%$98K$196K20xas long as short
Variational Omni ZRO+0.0100%4h1.1657+0.014%$2.3M$810Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1640−0.129%$39K$672K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1660+0.043%$98K$844K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1658+0.028%$21K3xas long as short
BloFin ZRO-USDT+0.0105%4h1.1656+0.009%$1.1M$248K75xas long as short
Nado ZRO-PERP+0.0135%1h1.1657+0.014%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1661+0.050%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0381%1h1.1672+0.142%$256K$404K25xas long as short
Hyperliquid ZRO+0.0548%1h1.1682+0.232%$37.0M$5.4M5xas long as short
Extended ZRO-USD+0.1000%1h1.1654−0.007%$780K$590K10xas long as short
Injective ZRO/USDC PERP+0.1186%1h1.1720+0.558%$12K$260K12xas long as short