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% APRpaid last 24h 0.000%
Price spread now: Pacifica against MEXC+0.039%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.039%, 7d avg +0.012%
Together, before fees+0.056%+ Points / potential airdropPacifica: Active · farm board+$6 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 0.027% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.17210.0100pay 0.0050% / 4h27m 18s$19.2M$2.7M125x
ShortPacifica ZRO1.17260.0100get 0.0013% / 1h27m 18s$136K$177K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.039% → +0.012%
$2.71
Slippage, 4 orders
−$39.43
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$44.72
Costs to cover
0.474%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Pacifica: live order book, 30 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 ago0.43 bp5.5 bp −$543.6 bp −$43679.4 bp −$7,939209.0 bp −$104.5K
Sell Pacifica live order book, 30 min ago5.16 bp18.9 bp −$19doesn'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-USD+0.0012%1h1.1727+0.055%$21K$4K5xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1719−0.017%$21K$5K10xas long as short
01 Exchange ZROUSD+0.0072%1h1.1729+0.065%$7K$3K5xas long as short
Lighter ZRO+0.0096%1h1.1741+0.166%$4.4M$1.2M5xas long as short
BloFin ZRO-USDT+0.0098%4h1.1711−0.085%$1.0M$249K75xas long as short
Aster ZROUSDT+0.0100%4h1.1734+0.110%$158K$150K10xas long as short
Pacifica ZROshort+0.0100%1h1.1726+0.039%$136K$177K5x
Binance ZROUSDT+0.0100%4h1.1720−0.008%$21.9M$29.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1709−0.102%$17.8M$13.8M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1713−0.068%$3.2M$7.9M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1720−0.009%$1.3M$1.5M75xas long as short
MEXC ZRO_USDTlong+0.0100%4h1.1721long leg$19.2M$2.7M125x
KuCoin ZROUSDTM+0.0100%4h1.1713−0.068%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1711−0.085%$2.7M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1716−0.043%$16.4Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1707−0.119%$97K$217K20xas long as short
Variational Omni ZRO+0.0100%4h1.1682−0.333%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1720−0.009%$39K$670K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1736+0.128%$100K$850K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1715−0.051%$21K3xas long as short
Nado ZRO-PERP+0.0184%1h1.1714−0.056%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1715−0.047%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0379%1h1.1729+0.067%$258K$400K25xas long as short
Hyperliquid ZRO+0.0400%1h1.1736+0.128%$37.1M$5.5M5xas long as short
Injective ZRO/USDC PERP+0.1186%1h1.1770+0.418%$12K$260K12xas long as short
Extended ZRO-USD+0.1232%1h1.1714−0.060%$784K$590K10xas long as short