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−0.1160%/8h= −127.0% APRnext payment $1.45 per $10,000 · paid last 24h −0.208%
Price spread now: 01 Exchange against Extended+0.078%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.078% dearer against Extended than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZRO-USD1.15810.1096pay 0.0137% / 1h47m 23s$776K$590K10x
Short01 Exchange ZROUSD1.1590−0.0064pay 0.0008% / 1h47m 23s$7K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Extended. 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
−$243.6
Price spread: +0.078% → 0.000%
$7.84
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$247.76
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 11 min ago; 01 Exchange: 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 Extended live order book, 11 min ago20.56 bp1827.3 bp −$1,827doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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 ZROUSDshort−0.0064%1h1.1590+0.078%$7K$3K5x
dYdX ZRO-USD+0.0004%1h1.1575−0.051%$21K$4K5xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1571−0.089%$20K$5K10xas long as short
Backpack ZRO_USDC_PERP+0.0067%1h1.1575−0.055%$97K$196K20xas long as short
BloFin ZRO-USDT+0.0071%4h1.1570−0.098%$1.1M$246K75xas long as short
Lighter ZRO+0.0096%1h1.1589+0.067%$4.3M$1.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1584+0.020%$156K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1581−0.003%$134K$178K5xas long as short
Binance ZROUSDT+0.0100%4h1.1571−0.089%$21.6M$29.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1565−0.141%$17.6M$13.9M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1581−0.003%$3.1M$7.8M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1570−0.098%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1572−0.080%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1568−0.115%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1564−0.150%$2.6M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1569−0.106%$16.4Mas long as short
Variational Omni ZRO+0.0100%4h1.1590+0.075%$2.2M$810Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1580−0.011%$39K$673K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1589+0.066%$97K$844K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1567−0.124%$20K3xas long as short
Nado ZRO-PERP+0.0228%1h1.1586+0.037%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1574−0.067%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0384%1h1.1587+0.045%$255K$404K25xas long as short
Hyperliquid ZRO+0.0483%1h1.1593+0.101%$36.7M$5.4M5xas long as short
Extended ZRO-USDlong+0.1096%1h1.1581long leg$776K$590K10x
Injective ZRO/USDC PERP+0.1186%1h1.1630+0.420%$12K$260K12xas long as short