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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.041%
Price spread now: Aevo against Lighter−0.027%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 airdropLighter: Season 3 · 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 0.027% cheaper against Lighter 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
LongLighter ZRO1.18580.0096pay 0.0012% / 1h52m 38s$4.4M$1.5M5x
ShortAevo ZRO-PERP1.18550.0104get 0.0013% / 1h52m 38s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
$1.68
Price spread: −0.027% → 0.000%
−$2.7
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$17.02
Costs to cover
0.160%
Break-even
77.9 days
Slippage unknown: Lighter: live order book, 10 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 Lighter live order book, 10 min ago5.86 bp14.7 bp −$1580.5 bp −$805doesn'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−0.0168%1h1.1842−0.134%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0016%4h1.1855−0.027%$21K$7K10xas long as short
BloFin ZRO-USDT+0.0058%4h1.1858−0.002%$1.1M$258K75xas long as short
Lighter ZROlong+0.0096%1h1.1858long leg$4.4M$1.5M5x
Aster ZROUSDT+0.0100%4h1.1863+0.037%$159K$154K10xas long as short
Pacifica ZRO+0.0100%1h1.1852−0.052%$138K$181K5xas long as short
Binance ZROUSDT+0.0100%4h1.1849−0.075%$22.2M$31.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1843−0.128%$18.1M$14.7M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1854−0.035%$3.2M$8.3M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1860+0.015%$1.4M$1.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1849−0.078%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1862+0.032%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1858−0.002%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1851−0.061%$10.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1854−0.032%$2.3M$850Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1870+0.100%$37K$687K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1864+0.049%$89K$815K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1855−0.027%$21K3x
Kraken Futures PF_ZROUSD+0.0132%1h1.1872+0.116%$255K$434K25xas long as short
dYdX ZRO-USD+0.0150%1h1.1858−0.003%$21K$2K5xas long as short
Backpack ZRO_USDC_PERP+0.0184%1h1.1863+0.040%$101K$207K20xas long as short
Hyperliquid ZRO+0.0218%1h1.1865+0.057%$37.7M$6.2M5xas long as short
Nado ZRO-PERP+0.0281%1h1.1854−0.038%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1853−0.043%$3K100xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1920+0.521%$12K$260K12xas long as short
Extended ZRO-USD+0.2000%1h1.1851−0.064%$784K$558K10xas long as short