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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.041%
Price spread now: Aevo against OKX−0.132%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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.132% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZRO-USDT-SWAP1.15820.0100pay 0.0050% / 4h48m 37s$3.2M$7.8M20x
ShortAevo ZRO-PERP1.15670.0104get 0.0013% / 1h48m 37s$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against OKX. 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
$0.84
Price spread: −0.132% → 0.000%
−$13.18
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$38.34
Costs to cover
0.260%
Break-even
326.5 days
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago2.15 bp17.6 bp −$18doesn't fitdoesn'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−0.0072%1h1.1594+0.106%$7K$3K5xas long as short
dYdX ZRO-USD+0.0004%1h1.1594+0.107%$21K$4K5xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1583+0.009%$20K$5K10xas long as short
BloFin ZRO-USDT+0.0071%4h1.1570−0.104%$1.1M$246K75xas long as short
Backpack ZRO_USDC_PERP+0.0089%1h1.1588+0.052%$97K$196K20xas long as short
Lighter ZRO+0.0096%1h1.1605+0.200%$4.3M$1.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1591+0.080%$156K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1586+0.035%$134K$178K5xas long as short
Binance ZROUSDT+0.0100%4h1.1589+0.057%$21.7M$29.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1574−0.069%$17.6M$13.9M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAPlong+0.0100%4h1.1582long leg$3.2M$7.8M20x
Gate ZRO_USDT+0.0100%4h1.1580−0.017%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1585+0.026%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1574−0.069%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1576−0.052%$2.6M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1589+0.060%$16.4Mas long as short
Variational Omni ZRO+0.0100%4h1.1590+0.069%$2.2M$810Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1610+0.242%$39K$673K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.15820.000%$98K$844K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1567−0.132%$20K3x
Nado ZRO-PERP+0.0221%1h1.1581−0.007%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1582+0.004%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0384%1h1.1603+0.181%$255K$404K25xas long as short
Hyperliquid ZRO+0.0478%1h1.1601+0.164%$36.7M$5.4M5xas long as short
Extended ZRO-USD+0.1088%1h1.1584+0.014%$776K$590K10xas long as short
Injective ZRO/USDC PERP+0.1186%1h1.1660+0.673%$12K$260K12xas long as short