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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.093%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1541.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days−0.124%−$12 · spread now +0.093%, 7d avg −0.018%
Together, before fees−0.109%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.111% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZRO_USDT1.18600.0100pay 0.0050% / 4h3h 11m$1.4M$1.5M75x
ShortKuCoin ZROUSDTM1.18710.0100get 0.0050% / 4h3h 11m$2.4M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$0
Price spread: +0.093% → −0.018%
$11.09
Slippage, 4 orders
−$127.04
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$142.95
Costs to cover
1.540%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago8.43 bp27.0 bp −$2762.3 bp −$623doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago6.34 bp48.4 bp −$48127.8 bp −$1,278doesn't fitdoesn't fit

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−0.0096%1h1.1851−0.078%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0012%4h1.1872+0.101%$21K$6K10xas long as short
Lighter ZRO+0.0096%1h1.1875+0.128%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1877+0.143%$37.6M$5.7M5xas long as short
Aster ZROUSDT+0.0100%4h1.1870+0.085%$159K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1862+0.020%$137K$168K5xas long as short
Binance ZROUSDT+0.0100%4h1.1858−0.013%$22.3M$30.1M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1858−0.017%$18.1M$14.0M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.18600.000%$3.2M$8.1M20xas long as short
Gate ZRO_USDTlong+0.0100%4h1.1860long leg$1.4M$1.5M75x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1859−0.008%$19.3M$2.7M125xas long as short
KuCoin ZROUSDTMshort+0.0100%4h1.1871+0.093%$2.4M$1.9M50x
Bitget ZROUSDT+0.0100%4h1.1862+0.017%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1862+0.017%$15.8Mas long as short
Variational Omni ZRO+0.0100%4h1.1818−0.353%$2.3M$853Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1850−0.084%$37K$688K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1869+0.076%$92K$824K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1865+0.042%$21K3xas long as short
BloFin ZRO-USDT+0.0114%4h1.1851−0.076%$1.1M$255K75xas long as short
dYdX ZRO-USD+0.0204%1h1.1866+0.055%$21K$3K5xas long as short
Nado ZRO-PERP+0.0289%1h1.1861+0.010%$1.4M$127K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1872+0.098%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0299%1h1.1882+0.187%$255K$409K25xas long as short
Backpack ZRO_USDC_PERP+0.0435%1h1.1874+0.118%$98K$207K20xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1910+0.422%$12K$260K12xas long as short
Extended ZRO-USD+0.1232%1h1.1863+0.023%$788K$602K10xas long as short