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: Aster against KuCoin+0.169%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1641.643% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.169%, 7d avg +0.035%
Together, before fees−0.030%+ Points / potential airdropAster: Stage 5 · farm board−$3 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: Aster is 0.134% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZROUSDTM1.15820.0100pay 0.0050% / 4h50m 19s$2.4M$2.0M50x
ShortAster ZROUSDT1.16020.0100get 0.0050% / 4h50m 19s$156K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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: +0.169% → +0.035%
$13.39
Slippage, 4 orders
−$144.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$150.88
Costs to cover
1.643%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Aster: live order book, 6 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 KuCoin live order book, 1 min ago5.61 bp44.9 bp −$45154.0 bp −$1,540doesn't fitdoesn't fit
Sell Aster live order book, 6 min ago3.85 bp30.8 bp −$31doesn'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−0.0048%1h1.1590+0.066%$7K$3K5xas long as short
dYdX ZRO-USD+0.0005%1h1.1598+0.138%$21K$4K5xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1586+0.035%$20K$5K10xas long as short
BloFin ZRO-USDT+0.0047%4h1.1601+0.164%$1.1M$247K75xas long as short
Lighter ZRO+0.0096%1h1.1612+0.263%$4.3M$1.2M5xas long as short
Aster ZROUSDTshort+0.0100%4h1.1602+0.169%$156K$150K10x
Pacifica ZRO+0.0100%1h1.1601+0.165%$135K$177K5xas long as short
Binance ZROUSDT+0.0100%4h1.1590+0.067%$21.7M$29.7M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1585+0.026%$17.7M$13.9M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1592+0.086%$3.2M$7.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1590+0.069%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1590+0.069%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTMlong+0.0100%4h1.1582long leg$2.4M$2.0M50x
Bitget ZROUSDT+0.0100%4h1.1583+0.009%$2.6M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1588+0.052%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1616+0.294%$97K$196K20xas long as short
Variational Omni ZRO+0.0100%4h1.1590+0.069%$2.2M$810Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1650+0.587%$39K$673K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1598+0.138%$98K$844K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1585+0.030%$20K3xas long as short
Nado ZRO-PERP+0.0205%1h1.1591+0.080%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1592+0.088%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0384%1h1.1604+0.187%$255K$404K25xas long as short
Hyperliquid ZRO+0.0471%1h1.1612+0.259%$36.8M$5.4M5xas long as short
Extended ZRO-USD+0.1080%1h1.1585+0.026%$776K$590K10xas long as short
Injective ZRO/USDC PERP+0.1186%1h1.1670+0.760%$12K$260K12xas long as short