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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against KuCoin+0.034%46s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1351.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.034%, 7d avg −0.004%
Together, before fees−0.043%+ Points / potential airdropPacifica: Active · farm board−$4 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 0.037% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZROUSDTM1.16890.0100pay 0.0050% / 4h40m 57s$2.4M$2.0M50x
ShortPacifica ZRO1.16930.0100get 0.0013% / 1h40m 57s$137K$171K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.034% → −0.004%
$3.74
Slippage, 4 orders
−$114.75
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$131.01
Costs to cover
1.347%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Pacifica: live order book, 62 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, 6 min ago8.55 bp59.3 bp −$59142.7 bp −$1,427doesn't fitdoesn't fit
Sell Pacifica live order book, 62 min ago3.42 bp14.3 bp −$14doesn'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
dYdX ZRO-USD0.0000%1h1.1695+0.049%$21K$5K5xas long as short
01 Exchange ZROUSD+0.0088%1h1.1696+0.062%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0094%4h1.16890.000%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1713+0.210%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1698+0.077%$37.1M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1700+0.095%$158K$150K10xas long as short
Pacifica ZROshort+0.0100%1h1.1693+0.034%$137K$171K5x
Binance ZROUSDT+0.0100%4h1.1684−0.043%$21.8M$28.9M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1680−0.077%$17.9M$13.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1677−0.103%$3.2M$7.6M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1690+0.009%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1686−0.026%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTMlong+0.0100%4h1.1689long leg$2.4M$2.0M50x
Bitget ZROUSDT+0.0100%4h1.1670−0.163%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1692+0.026%$21.8Mas long as short
Variational Omni ZRO+0.0100%4h1.1680−0.079%$2.3M$771Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1680−0.077%$39K$669K50xas long as short
Nado ZRO-PERP+0.0100%1h1.1691+0.021%$1.3M$128K5xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1696+0.060%$99K$813K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1680−0.077%$21K3xas long as short
BloFin ZRO-USDT+0.0138%4h1.1694+0.043%$1.0M$202K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1689−0.003%$3K100xas long as short
Backpack ZRO_USDC_PERP+0.0360%1h1.1694+0.043%$95K$214K20xas long as short
Kraken Futures PF_ZROUSD+0.0430%1h1.1706+0.145%$255K$298K25xas long as short
Extended ZRO-USD+0.0688%1h1.1682−0.059%$797K$647K10xas long as short
Injective ZRO/USDC PERP+0.1271%1h1.1750+0.522%$12K$261K12xas long as short