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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.034%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days+0.064%+$6 · spread now −0.034%, 7d avg −0.025%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.17120.0100pay 0.0050% / 4h3h 10m$19.2M$2.7M125x
ShortBybit ZROUSDT1.17080.0100get 0.0050% / 4h3h 10m$17.9M$13.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.034% → −0.025%
−$0.89
Slippage, 4 orders
−$30.19
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$42.08
Costs to cover
0.412%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago0.43 bp4.7 bp −$524.3 bp −$24376.3 bp −$7,628461.0 bp −$230.5K
Sell Bybit live order book, 3 min ago2.56 bp13.9 bp −$1437.5 bp −$375doesn'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
Orderly PERP_ZRO_USDC+0.0051%4h1.1727+0.128%$21K$5K10xas long as short
Aster ZROUSDT+0.0100%4h1.1734+0.190%$158K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1738+0.222%$136K$178K5xas long as short
Binance ZROUSDT+0.0100%4h1.1711−0.006%$22.0M$29.4M75xas long as short
Bybit ZROUSDTshort+0.0100%4h1.1708−0.034%$17.9M$13.6M50x
OKX ZRO-USDT-SWAP+0.0100%4h1.17120.000%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1710−0.017%$1.3M$1.5M75xas long as short
MEXC ZRO_USDTlong+0.0100%4h1.1712long leg$19.2M$2.7M125x
KuCoin ZROUSDTM+0.0100%4h1.1725+0.111%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1711−0.009%$2.7M$2.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZRO-USDT+0.0100%4h1.1725+0.111%$16.6Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1715+0.026%$96K$221K20xas long as short
Variational Omni ZRO+0.0100%4h1.1715+0.028%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1760+0.410%$39K$677K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1743+0.265%$100K$844K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1720+0.068%$21K3xas long as short
Lighter ZRO+0.0112%1h1.1744+0.277%$4.4M$1.2M5xas long as short
BloFin ZRO-USDT+0.0126%4h1.1729+0.145%$1.1M$250K75xas long as short
dYdX ZRO-USD+0.0139%1h1.1733+0.178%$21K$4K5xas long as short
Nado ZRO-PERP+0.0207%1h1.1738+0.218%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1733+0.180%$3K100xas long as short
01 Exchange ZROUSD+0.0344%1h1.1747+0.301%$7K$3K5xas long as short
Kraken Futures PF_ZROUSD+0.0462%1h1.1731+0.166%$256K$355K25xas long as short
Hyperliquid ZRO+0.0551%1h1.1728+0.137%$37.2M$5.5M5xas long as short
Extended ZRO-USD+0.1040%1h1.1712+0.001%$804K$625K10xas long as short
Injective ZRO/USDC PERP+0.1363%1h1.1800+0.751%$12K$261K12xas long as short