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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.032%
Price spread now: Aevo against Hyperliquid−0.031%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.031% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZRO1.17420.0100pay 0.0013% / 1h46m 15s$37.2M$5.9M5x
ShortAevo ZRO-PERP1.17380.0104get 0.0013% / 1h46m 15s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hyperliquid. 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
$0.84
Price spread: −0.031% → 0.000%
−$3.11
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$27.27
Costs to cover
0.250%
Break-even
234.2 days
Slippage unknown: Hyperliquid: live order book, 7 min ago; 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 Hyperliquid live order book, 7 min ago1.27 bp12.9 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
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
01 Exchange ZROUSD−0.0152%1h1.1746+0.032%$7K$3K5xas long as short
Gate ZRO_USDT−0.0144%4h1.1730−0.102%$1.3M$1.5M75xas long as short
Orderly PERP_ZRO_USDC+0.0013%4h1.1735−0.060%$21K$6K10xas long as short
dYdX ZRO-USD+0.0054%1h1.1750+0.065%$21K$3K5xas long as short
ApeX Omni ZROUSDT+0.0076%1h1.1730−0.102%$37K$689K50xas long as short
Lighter ZRO+0.0096%1h1.1745+0.025%$4.4M$1.5M5xas long as short
Hyperliquid ZROlong+0.0100%1h1.1742long leg$37.2M$5.9M5x
Aster ZROUSDT+0.0100%4h1.1752+0.082%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1746+0.038%$136K$171K5xas long as short
Binance ZROUSDT+0.0100%4h1.1732−0.085%$22.1M$30.4M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h1.1734−0.068%$17.9M$14.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1736−0.051%$3.2M$8.1M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1735−0.060%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1727−0.128%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1736−0.051%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1731−0.094%$14.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1735−0.062%$2.3M$869Kas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.17420.000%$91K$830K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1738−0.031%$21K3x
BloFin ZRO-USDT+0.0152%4h1.1746+0.034%$1.1M$256K75xas long as short
Backpack ZRO_USDC_PERP+0.0229%1h1.1740−0.017%$99K$206K20xas long as short
Nado ZRO-PERP+0.0243%1h1.1732−0.087%$1.3M$129K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1730−0.102%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0302%1h1.1751+0.081%$252K$411K25xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1790+0.409%$12K$260K12xas long as short
Extended ZRO-USD+0.1464%1h1.1734−0.067%$780K$589K10xas long as short