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

ZRO

all ZRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0129%/8h= +14.2% APRpaid last 24h 0.000%
Price spread now: Pacifica against Bybit+0.078%7-day average +0.053% · 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 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.078%, 7d avg +0.053%
Together, before fees−0.052%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.025% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZROUSDT1.1699−0.0029get 0.0015% / 4h1h 31m$17.9M$11.5M50x
ShortPacifica ZRO1.17080.0100get 0.0013% / 1h31m 37s$135K$142K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$27.18
Price spread: +0.078% → +0.053%
$2.5
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$10.68
Costs to cover
0.190%
Break-even
4.2 days
Slippage unknown: Bybit: live order book, 10 min ago; Pacifica: live order book, 14 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 Bybit live order book, 10 min ago3.39 bp17.3 bp −$1750.1 bp −$501doesn't fitdoesn't fit
Sell Pacifica live order book, 14 min ago3.40 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit

ZRO on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZRO/USDC PERP−0.0774%1h1.1760+0.521%$12K$257K12xas long as short
Kraken Futures PF_ZROUSD−0.0534%1h1.1721+0.184%$267K$211K25xas long as short
01 Exchange ZROUSD−0.0192%1h1.1688−0.096%$4K$5K5xas long as short
Bybit ZROUSDTlong−0.0029%4h1.1699long leg$17.9M$11.5M50x
Orderly PERP_ZRO_USDC−0.0028%4h1.1709+0.085%$20K$2K10xas long as short
OKX ZRO-USDT-SWAP−0.0001%4h1.1713+0.120%$3.2M$7.4M20xas long as short
dYdX ZRO-USD0.0000%1h1.1716+0.142%$21K$5K5xas long as short
Variational Omni ZRO+0.0076%4h1.1757+0.492%$2.3M$735Kas long as short
BloFin ZRO-USDT+0.0092%4h1.1717+0.154%$1.0M$142K75xas long as short
Lighter ZRO+0.0096%1h1.1727+0.238%$4.4M$1.1M5xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZRO+0.0100%1h1.1725+0.222%$37.1M$5.0M5xas long as short
Aster ZROUSDT+0.0100%4h1.1721+0.184%$158K$124K10xas long as short
Pacifica ZROshort+0.0100%1h1.1708+0.078%$135K$142K5x
Binance ZROUSDT+0.0100%4h1.1707+0.068%$21.9M$26.6M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1700+0.009%$1.3M$1.1M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1707+0.068%$9.4M$2.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1717+0.154%$2.2M$2.3M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1708+0.077%$2.8M$2.3M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1706+0.060%$25.2Mas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1750+0.436%$40K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1720+0.180%$80K$748K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1705+0.051%$21K3xas long as short
Nado ZRO-PERP+0.0170%1h1.1707+0.071%$1.3M$121K5xas long as short
Backpack ZRO_USDC_PERP+0.0170%1h1.1717+0.154%$93K$217K20xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1756+0.491%$3K100xas long as short
Extended ZRO-USD+0.0536%1h1.1707+0.071%$798K$654K10xas long as short