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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0566%/8h= −62.0% APRpaid last 24h −0.068%
Price spread now: 01 Exchange against BloFin−0.171%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and 01 Exchange is 0.171% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRO-USDT1.17910.0062pay 0.0031% / 4h1h 30m$1.1M$262K75x
Short01 Exchange ZROUSD1.1771−0.0504pay 0.0063% / 1h30m 11s$7K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$118.86
Price spread: −0.171% → 0.000%
−$17.13
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$154.99
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 2 min ago; 01 Exchange: no order-book sample. 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, 2 min ago1.27 bp14.9 bp −$1536.0 bp −$360doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 ZROUSDshort−0.0504%1h1.1771−0.171%$7K$3K5x
Orderly PERP_ZRO_USDC−0.0040%4h1.1786−0.042%$21K$7K10xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1801+0.084%$250K$518K25xas long as short
BloFin ZRO-USDTlong+0.0062%4h1.1791long leg$1.1M$262K75x
Lighter ZRO+0.0096%1h1.1789−0.013%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1799+0.068%$37.4M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1796+0.038%$158K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1781−0.088%$137K$182K5xas long as short
Binance ZROUSDT+0.0100%4h1.1787−0.034%$22.1M$31.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1778−0.110%$18.0M$14.8M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.17910.000%$3.2M$8.5M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1790−0.008%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1789−0.017%$19.0M$3.1M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1799+0.068%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1780−0.093%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1784−0.059%$10.8Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1793+0.017%$100K$208K20xas long as short
Variational Omni ZRO+0.0100%4h1.1790−0.012%$2.3M$858Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1830+0.331%$37K$682K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1793+0.017%$88K$904K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1780−0.093%$21K3xas long as short
dYdX ZRO-USD+0.0139%1h1.1785−0.047%$21K$2K5xas long as short
Nado ZRO-PERP+0.0181%1h1.1779−0.106%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1791+0.004%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1880+0.755%$12K$218K12xas long as short
Extended ZRO-USD+0.2504%1h1.1783−0.072%$780K$541K10xas long as short