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% APRnext payment +$0.04 per $10,000 · paid last 24h −0.005%
Price spread now: Variational Omni against BloFin−0.297%101s7-day average −0.048% · you buy dearer than you sell
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 4 days (all we have)−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.337%+$34 · spread now −0.297%, 7d avg −0.048%
Together, before fees+0.323%+ Points / potential airdropVariational Omni: Active · farm board+$32 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 0.249% cheaper against BloFin than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRO-USDT1.18100.0093pay 0.0046% / 4h1m 27s$1.0M$199K75x
ShortVariational Omni ZRO1.17750.0100get 0.0050% / 4h1m 27s$2.3M$760K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.297% → −0.048%
−$24.93
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$35.35
Costs to cover
0.120%
Break-even
164.4 days
Slippage unknown: BloFin: live order book, 6 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 BloFin live order book, 6 min ago1.70 bp18.2 bp −$1836.7 bp −$367doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago4.83 bpdoesn't fit40.0 bp −$400doesn'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%1h1.1816+0.052%$4K$5K5xas long as short
dYdX ZRO-USD+0.0005%1h1.1811+0.010%$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%1h1.1824+0.116%$4.4M$1.2M5xas long as short
Nado ZRO-PERP+0.0100%1h1.1820+0.084%$1.3M$128K5xas long as short
Hyperliquid ZRO+0.0100%1h1.1833+0.195%$37.5M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1815+0.042%$159K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1805−0.043%$139K$165K5xas long as short
Binance ZROUSDT+0.0100%4h1.1818+0.064%$22.1M$28.9M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h1.1811+0.008%$18.1M$13.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1820+0.085%$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%4h1.1819+0.076%$19.4M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1815+0.042%$2.4M$2.1M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1805−0.042%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1807−0.025%$21.7Mas long as short
Variational Omni ZROshort+0.0100%4h1.1775−0.297%$2.3M$760K
ApeX Omni ZROUSDT+0.0100%1h1.1840+0.254%$40K$668K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1829+0.161%$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%1h1.1807−0.025%$807K$647K10xas long as short
Injective ZRO/USDC PERP+0.1271%1h1.1860+0.423%$12K$261K12xas long as short