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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against MEXC+0.213%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$570.572% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 3 days (all we have)−0.161%−$16 · spread now +0.213%, 7d avg +0.019%
Together, before fees−0.132%−$13 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: ApeX Omni is 0.194% dearer against MEXC than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.17350.0100pay 0.0050% / 4h3h 37m$19.1M$2.7M125x
ShortApeX Omni ZROUSDT1.17600.0100get 0.0013% / 1h37m 27s$37K$687K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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: +0.213% → +0.019%
$19.41
Slippage, 4 orders
−$47.25
Fee MEXC: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$37.84
Costs to cover
0.572%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; ApeX Omni: live order book, 36 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 MEXC live order book, 1 min ago0.85 bp5.1 bp −$536.7 bp −$36779.5 bp −$7,945354.0 bp −$177.0K
Sell ApeX Omni live order book, 36 min ago12.78 bp21.7 bp −$22119.4 bp −$1,194doesn'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−0.0128%1h1.1741+0.048%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0011%4h1.1732−0.026%$21K$6K10xas long as short
Gate ZRO_USDT+0.0018%4h1.1720−0.128%$1.3M$1.5M75xas long as short
Lighter ZRO+0.0096%1h1.1739+0.032%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1742+0.061%$37.2M$5.8M5xas long as short
Aster ZROUSDT+0.0100%4h1.1739+0.032%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1732−0.026%$136K$170K5xas long as short
Binance ZROUSDT+0.0100%4h1.1736+0.009%$22.1M$30.3M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1727−0.068%$17.9M$14.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1736+0.009%$3.2M$8.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDTlong+0.0100%4h1.1735long leg$19.1M$2.7M125x
KuCoin ZROUSDTM+0.0100%4h1.1725−0.085%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1727−0.068%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1727−0.068%$14.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1752+0.142%$2.3M$869Kas long as short
ApeX Omni ZROUSDTshort+0.0100%1h1.1760+0.213%$37K$687K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1743+0.068%$91K$830K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1730−0.043%$21K3xas long as short
BloFin ZRO-USDT+0.0113%4h1.1747+0.102%$1.1M$256K75xas long as short
dYdX ZRO-USD+0.0182%1h1.1737+0.014%$21K$3K5xas long as short
Nado ZRO-PERP+0.0269%1h1.1737+0.014%$1.3M$129K5xas long as short
Backpack ZRO_USDC_PERP+0.0289%1h1.1745+0.085%$99K$205K20xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1731−0.036%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0303%1h1.1746+0.095%$252K$410K25xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1800+0.554%$12K$260K12xas long as short
Extended ZRO-USD+0.1304%1h1.1731−0.032%$780K$589K10xas long as short