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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%
Price spread now: Binance against OKX−0.026%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$610.614% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days−0.046%−$5 · spread now −0.026%, 7d avg −0.012%
Together, before fees+0.015%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZRO-USDT-SWAP1.17480.0100pay 0.0050% / 4h6m 07s$3.2M$8.1M20x
ShortBinance ZROUSDT1.17450.0100get 0.0050% / 4h6m 07s$22.1M$30.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
Price spread: −0.026% → −0.012%
−$1.3
Slippage, 4 orders
−$41.45
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$62.75
Costs to cover
0.614%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 5 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 OKX live order book, 2 min ago2.55 bp16.8 bp −$1795.8 bp −$958doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.43 bp12.7 bp −$1324.2 bp −$242202.0 bp −$20.2Kdoesn'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−0.0240%1h1.1741−0.063%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0012%4h1.17480.000%$21K$7K10xas long as short
BloFin ZRO-USDT+0.0061%4h1.1745−0.026%$1.1M$256K75xas long as short
dYdX ZRO-USD+0.0092%1h1.1751+0.026%$21K$3K5xas long as short
Lighter ZRO+0.0096%1h1.1754+0.049%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1754+0.054%$37.2M$6.1M5xas long as short
Aster ZROUSDT+0.0100%4h1.1759+0.097%$157K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1750+0.017%$136K$173K5xas long as short
Binance ZROUSDTshort+0.0100%4h1.1745−0.026%$22.1M$30.8M75x
Bybit ZROUSDT+0.0100%4h1.1742−0.051%$17.9M$14.4M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAPlong+0.0100%4h1.1748long leg$3.2M$8.1M20x
Gate ZRO_USDT+0.0100%4h1.1740−0.068%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1745−0.026%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1741−0.060%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1759+0.094%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.17480.000%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1752+0.034%$97K$205K20xas long as short
Variational Omni ZRO+0.0100%4h1.1735−0.111%$2.3M$879Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1750+0.017%$37K$688K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1752+0.034%$94K$823K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1748+0.001%$21K3xas long as short
Kraken Futures PF_ZROUSD+0.0133%1h1.1755+0.061%$252K$419K25xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1749+0.010%$3K100xas long as short
Nado ZRO-PERP+0.0303%1h1.1747−0.012%$1.3M$124K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1790+0.358%$12K$260K12xas long as short
Extended ZRO-USD+0.1904%1h1.1743−0.047%$784K$589K10xas long as short