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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0188%/8h= −20.6% APRnext payment $0.24 per $10,000 · paid last 24h −0.060%
Price spread now: Aevo against GMX−0.001%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 3 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: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZRO/USD [ETH-USDC]1.1642L +0.0292% / S −0.2341%pay 0.0037% / 1h20m 42s$3K100x
ShortAevo ZRO-PERP1.16410.0104get 0.0013% / 1h20m 42s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
−$39.52
Price spread: −0.001% → 0.000%
−$0.08
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$67.6
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aevo: 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 GMX no order-book sample
Sell Aevo no order-book sample
GMX and Aevo: 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-USD+0.0009%1h1.1678+0.317%$21K$5K5xas long as short
BloFin ZRO-USDT+0.0044%4h1.1640−0.013%$1.0M$249K75xas long as short
Orderly PERP_ZRO_USDC+0.0068%4h1.1647+0.047%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1706+0.554%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1691+0.425%$37.1M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1677+0.305%$157K$151K10xas long as short
Pacifica ZRO+0.0100%1h1.1641−0.001%$137K$176K5xas long as short
Binance ZROUSDT+0.0100%4h1.1675+0.289%$21.8M$29.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1687+0.390%$17.9M$13.6M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1671+0.253%$3.2M$7.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1660+0.158%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1669+0.236%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1660+0.158%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1677+0.305%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1682+0.347%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1650+0.073%$94K$221K20xas long as short
Variational Omni ZRO+0.0100%4h1.1633−0.069%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1580−0.529%$39K$676K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1660+0.158%$102K$815K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1641−0.001%$21K3x
01 Exchange ZROUSD+0.0112%1h1.1648+0.060%$4K$5K5xas long as short
Nado ZRO-PERP+0.0186%1h1.1658+0.139%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]longL +0.0292% / S −0.2341%1h1.1642long leg$3K100x
Kraken Futures PF_ZROUSD+0.0706%1h1.1651+0.078%$252K$335K25xas long as short
Extended ZRO-USD+0.0992%1h1.1676+0.292%$799K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1630−0.099%$12K$261K12xas long as short