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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h +0.023%
Price spread now: MEXC against dYdX−0.012%47s7-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 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: −$1 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZRO-USD1.18450.0130pay 0.0016% / 1h49m 43s$21K$2K5x
ShortMEXC ZRO_USDT1.18440.0100get 0.0050% / 4h49m 43s$19.2M$2.7M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$6.32
Price spread: −0.012% → 0.000%
−$1.23
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$17.56
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago0.42 bp4.6 bp −$518.8 bp −$18866.2 bp −$6,621434.8 bp −$217.4K
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−0.0168%1h1.1854+0.070%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0015%4h1.1844−0.012%$21K$7K10xas long as short
Lighter ZRO+0.0096%1h1.1858+0.107%$4.4M$1.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1857+0.096%$158K$154K10xas long as short
Pacifica ZRO+0.0100%1h1.1864+0.157%$138K$181K5xas long as short
Binance ZROUSDT+0.0100%4h1.1842−0.029%$22.2M$31.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1856+0.089%$18.1M$14.7M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1851+0.047%$3.2M$8.3M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1850+0.038%$1.4M$1.8M75xas long as short
MEXC ZRO_USDTshort+0.0100%4h1.1844−0.012%$19.2M$2.7M125x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZROUSDTM+0.0100%4h1.1852+0.055%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1854+0.072%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1852+0.055%$10.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1858+0.106%$2.3M$850Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1850+0.038%$37K$687K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1862+0.140%$89K$815K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1842−0.028%$21K3xas long as short
dYdX ZRO-USDlong+0.0130%1h1.1845long leg$21K$2K5x
Kraken Futures PF_ZROUSD+0.0132%1h1.1859+0.110%$254K$434K25xas long as short
BloFin ZRO-USDT+0.0158%4h1.1859+0.114%$1.1M$258K75xas long as short
Backpack ZRO_USDC_PERP+0.0181%1h1.1851+0.047%$101K$207K20xas long as short
Hyperliquid ZRO+0.0201%1h1.1861+0.131%$37.6M$6.2M5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1844−0.009%$3K100xas long as short
Nado ZRO-PERP+0.0315%1h1.1858+0.108%$1.3M$125K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1900+0.460%$12K$260K12xas long as short
Extended ZRO-USD+0.2024%1h1.1844−0.010%$784K$558K10xas long as short