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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0072%/8h= +7.8% APRpaid last 24h −0.020%
Price spread now: OKX against dYdX−0.016%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 6 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-USD1.16850.0028pay 0.0004% / 1h6m 17s$21K$5K5x
ShortOKX ZRO-USDT-SWAP1.16830.0100get 0.0050% / 4h1h 06m$3.2M$7.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$15.04
Price spread: −0.016% → 0.000%
−$1.62
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$6.59
Costs to cover
0.200%
Break-even
10.1 days
Slippage unknown: dYdX: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago1.71 bp13.5 bp −$1475.3 bp −$753doesn'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
dYdX ZRO-USDlong+0.0028%1h1.1685long leg$21K$5K5x
BloFin ZRO-USDT+0.0051%4h1.1675−0.085%$1.0M$202K75xas long as short
01 Exchange ZROUSD+0.0072%1h1.1704+0.168%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0093%4h1.1689+0.035%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1707+0.193%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1704+0.163%$37.1M$5.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1693+0.069%$158K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1689+0.036%$137K$171K5xas long as short
Binance ZROUSDT+0.0100%4h1.1693+0.069%$21.9M$29.0M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1684−0.008%$17.9M$13.3M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAPshort+0.0100%4h1.1683−0.016%$3.2M$7.7M20x
Gate ZRO_USDT+0.0100%4h1.1680−0.042%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1691+0.052%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1688+0.027%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1679−0.050%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1687+0.018%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1663−0.189%$2.3M$770Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1690+0.044%$39K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1705+0.172%$99K$817K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1679−0.054%$21K3xas long as short
Backpack ZRO_USDC_PERP+0.0217%1h1.1695+0.086%$95K$216K20xas long as short
Nado ZRO-PERP+0.0252%1h1.1693+0.066%$1.3M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1692+0.065%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0514%1h1.1699+0.122%$254K$298K25xas long as short
Extended ZRO-USD+0.0760%1h1.1682−0.029%$799K$641K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1730+0.386%$12K$261K12xas long as short