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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%
Price spread now: Pacifica against Hyperliquid−0.145%7-day average −0.071% · 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 7 days−0.127%−$13 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.145%, 7d avg −0.071%
Together, before fees−0.094%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board−$9 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: Pacifica is 0.074% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZRO1.18320.0100pay 0.0013% / 1h57m 18s$37.6M$6.4M5x
ShortPacifica ZRO1.18150.0100get 0.0013% / 1h57m 18s$139K$190K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
Price spread: −0.145% → −0.071%
−$7.42
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$24.42
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Pacifica: live order book, 26 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 Hyperliquid live order book, 6 min ago1.27 bp9.5 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 26 min ago2.53 bp11.7 bp −$12doesn't fitdoesn'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−0.0648%1h1.1799−0.278%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0057%4h1.1835+0.025%$21K$7K10xas long as short
dYdX ZRO-USD0.0000%1h1.1817−0.123%$21K$2K5xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1845+0.109%$251K$566K25xas long as short
Lighter ZRO+0.0096%1h1.1833+0.009%$4.5M$1.5M5xas long as short
Hyperliquid ZROlong+0.0100%1h1.1832long leg$37.6M$6.4M5x
Aster ZROUSDT+0.0100%4h1.1821−0.094%$158K$160K10xas long as short
Pacifica ZROshort+0.0100%1h1.1815−0.145%$139K$190K5x
Binance ZROUSDT+0.0100%4h1.1835+0.026%$22.3M$32.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1825−0.059%$18.1M$15.2M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1838+0.051%$3.2M$8.7M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1810−0.186%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1821−0.093%$19.1M$3.1M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1822−0.085%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1829−0.025%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1824−0.068%$10.9Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1804−0.237%$95K$205K20xas long as short
Variational Omni ZRO+0.0100%4h1.1806−0.223%$2.3M$859Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1810−0.186%$37K$682K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.18320.000%$88K$909K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1825−0.059%$21K3xas long as short
BloFin ZRO-USDT+0.0154%4h1.1824−0.068%$1.1M$263K75xas long as short
Nado ZRO-PERP+0.0180%1h1.1814−0.150%$1.3M$129K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0296% / S −0.2416%1h1.1834+0.014%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1860+0.237%$12K$218K12xas long as short
Extended ZRO-USD+0.2040%1h1.1827−0.044%$784K$539K10xas long as short