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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Bybit+0.004%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZROUSDT1.17010.0100pay 0.0050% / 4h27m 47s$17.8M$13.8M50x
ShortAevo ZRO-PERP1.17010.0104get 0.0013% / 1h27m 47s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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
$0.84
Price spread: +0.004% → 0.000%
$0.38
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$25.78
Costs to cover
0.270%
Break-even
221.9 days
Slippage unknown: Bybit: live order book, 1 min ago; Aevo: 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 Bybit live order book, 1 min ago2.14 bp15.9 bp −$1643.1 bp −$431doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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
dYdX ZRO-USD+0.0013%1h1.1707+0.054%$21K$4K5xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1708+0.060%$20K$5K10xas long as short
01 Exchange ZROUSD+0.0072%1h1.1713+0.103%$7K$3K5xas long as short
Lighter ZRO+0.0096%1h1.1726+0.215%$4.4M$1.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1720+0.162%$158K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1709+0.066%$136K$177K5xas long as short
Binance ZROUSDT+0.0100%4h1.1708+0.060%$21.9M$29.7M75xas long as short
Bybit ZROUSDTlong+0.0100%4h1.1701long leg$17.8M$13.8M50x
OKX ZRO-USDT-SWAP+0.0100%4h1.1709+0.068%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1700−0.009%$1.3M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1710+0.077%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1703+0.017%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1704+0.026%$2.7M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1708+0.060%$16.4Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1707+0.051%$97K$217K20xas long as short
Variational Omni ZRO+0.0100%4h1.1682−0.163%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1650−0.436%$39K$672K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1721+0.171%$100K$850K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1701+0.004%$21K3x
BloFin ZRO-USDT+0.0155%4h1.1712+0.094%$1.0M$249K75xas long as short
Nado ZRO-PERP+0.0187%1h1.1712+0.098%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1707+0.053%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0380%1h1.1719+0.155%$258K$400K25xas long as short
Hyperliquid ZRO+0.0403%1h1.1730+0.248%$37.1M$5.5M5xas long as short
Injective ZRO/USDC PERP+0.1186%1h1.1770+0.590%$12K$260K12xas long as short
Extended ZRO-USD+0.1240%1h1.1714+0.110%$784K$590K10xas long as short