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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h +0.026%
Price spread now: KuCoin against dYdX+0.007%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZRO-USD1.18030.0042pay 0.0005% / 1h11m 28s$21K$2K5x
ShortKuCoin ZROUSDTM1.18040.0100get 0.0050% / 4h2h 11m$2.9M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against dYdX. 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
$12.16
Price spread: +0.007% → 0.000%
$0.72
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$9.11
Costs to cover
0.220%
Break-even
12.2 days
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 6 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 dYdX no order-book sample
Sell KuCoin live order book, 6 min ago5.06 bp37.0 bp −$37108.2 bp −$1,082doesn't fitdoesn't fit
dYdX: 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 ZROUSD−0.0424%1h1.1766−0.312%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0053%4h1.1798−0.044%$21K$7K10xas long as short
dYdX ZRO-USDlong+0.0042%1h1.1803long leg$21K$2K5x
BloFin ZRO-USDT+0.0065%4h1.1809+0.050%$1.1M$265K75xas long as short
Lighter ZRO+0.0096%1h1.1792−0.097%$4.5M$1.4M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1796−0.057%$37.4M$6.7M5xas long as short
Aster ZROUSDT+0.0100%4h1.1804+0.010%$158K$160K10xas long as short
Pacifica ZRO+0.0100%1h1.1785−0.150%$142K$193K5xas long as short
Binance ZROUSDT+0.0100%4h1.1785−0.154%$22.3M$33.0M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1762−0.349%$18.0M$15.5M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1785−0.154%$3.2M$8.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1800−0.027%$1.3M$2.0M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1786−0.145%$19.0M$3.5M125xas long as short
KuCoin ZROUSDTMshort+0.0100%4h1.1804+0.007%$2.9M$1.8M50x
Bitget ZROUSDT+0.0100%4h1.1783−0.171%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1783−0.171%$10.9Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1796−0.061%$94K$206K20xas long as short
Variational Omni ZRO+0.0100%4h1.1844+0.350%$2.3M$861Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1850+0.397%$37K$681K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1792−0.094%$88K$915K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1795−0.069%$21K3xas long as short
Nado ZRO-PERP+0.0170%1h1.1788−0.131%$1.3M$130K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1803−0.003%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0317%1h1.1809+0.049%$250K$569K25xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1910+0.905%$12K$175K12xas long as short
Extended ZRO-USD+0.1960%1h1.1786−0.150%$784K$541K10xas long as short