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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h −0.004%
Price spread now: Pacifica against BloFin+0.014%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$770.774% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.014%, 7d avg +0.025%
Together, before fees0.000%+ Points / potential airdropPacifica: Active · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRO-USDT1.18100.0093pay 0.0046% / 4h1m 51s$1.0M$199K75x
ShortPacifica ZRO1.18120.0100get 0.0013% / 1h1m 51s$139K$165K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against BloFin. 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
$1.57
Price spread: +0.014% → +0.025%
−$1.1
Slippage, 4 orders
−$57.41
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$76.94
Costs to cover
0.774%
Break-even
349.5 days
Slippage from BloFin: live order book, 5 min ago; Pacifica: live order book, 36 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 BloFin live order book, 5 min ago1.70 bp18.2 bp −$1836.7 bp −$367doesn't fitdoesn't fit
Sell Pacifica live order book, 36 min ago3.01 bp10.4 bp −$10doesn'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−0.0016%1h1.1793−0.146%$4K$5K5xas long as short
dYdX ZRO-USD+0.0005%1h1.1824+0.117%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0082%4h1.1806−0.034%$21K$4K10xas long as short
BloFin ZRO-USDTlong+0.0093%4h1.1810long leg$1.0M$199K75x
Lighter ZRO+0.0096%1h1.1827+0.148%$4.4M$1.2M5xas long as short
Nado ZRO-PERP+0.0100%1h1.1791−0.160%$1.3M$128K5xas long as short
Hyperliquid ZRO+0.0100%1h1.1816+0.051%$37.4M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1809−0.008%$159K$150K10xas long as short
Pacifica ZROshort+0.0100%1h1.1812+0.014%$139K$165K5x
Binance ZROUSDT+0.0100%4h1.1806−0.034%$22.1M$28.9M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h1.1799−0.093%$18.1M$13.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1808−0.017%$3.2M$7.8M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1790−0.169%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1804−0.051%$19.4M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1806−0.034%$2.4M$2.1M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1797−0.110%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1801−0.076%$21.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1775−0.297%$2.3M$760Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1820+0.085%$40K$668K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1798−0.102%$100K$811K5xas long as short
Backpack ZRO_USDC_PERP+0.0104%1h1.1813+0.025%$98K$218K20xas long as short
Aevo ZRO-PERP+0.0104%1h1.1805−0.042%$21K3xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0294% / S −0.2341%1h1.1813+0.029%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0426%1h1.1830+0.168%$265K$302K25xas long as short
Extended ZRO-USD+0.0440%1h1.1804−0.052%$807K$647K10xas long as short
Injective ZRO/USDC PERP+0.1271%1h1.1860+0.423%$12K$261K12xas long as short