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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Pacifica−0.001%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1131.135% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.001%, 7d avg +0.040%
Together, before fees+0.041%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board+$4 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: Aster is 0.041% cheaper against Pacifica than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZRO1.18560.0100pay 0.0013% / 1h0m 35s$137K$181K5x
ShortAster ZROUSDT1.18560.0100get 0.0050% / 4h1h 00m$158K$154K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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: −0.001% → +0.040%
−$4.12
Slippage, 4 orders
−$97.5
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$117.62
Costs to cover
1.135%
Break-even
never at this rate
Slippage from Pacifica: live order book, 17 min ago; Aster: live order book, 16 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 Pacifica live order book, 17 min ago3.39 bp20.2 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 16 min ago3.81 bp28.1 bp −$28doesn'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
01 Exchange ZROUSD−0.0400%1h1.1857+0.002%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0020%4h1.1844−0.105%$21K$7K10xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1861+0.041%$254K$434K25xas long as short
BloFin ZRO-USDT+0.0075%4h1.1844−0.105%$1.1M$263K75xas long as short
Lighter ZRO+0.0096%1h1.1859+0.021%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1874+0.148%$37.7M$6.2M5xas long as short
Aster ZROUSDTshort+0.0100%4h1.1856−0.001%$158K$154K10x
Pacifica ZROlong+0.0100%1h1.1856long leg$137K$181K5x
Binance ZROUSDT+0.0100%4h1.1855−0.016%$22.2M$31.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1850−0.055%$18.1M$14.8M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1849−0.063%$3.2M$8.4M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1850−0.055%$1.4M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1855−0.013%$19.2M$3.1M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1842−0.122%$2.5M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1854−0.021%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1851−0.046%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1857+0.004%$101K$208K20xas long as short
Variational Omni ZRO+0.0100%4h1.1810−0.393%$2.3M$850Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1850−0.055%$37K$686K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1851−0.046%$89K$865K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1841−0.132%$21K3xas long as short
dYdX ZRO-USD+0.0162%1h1.1857+0.002%$21K$2K5xas long as short
Nado ZRO-PERP+0.0195%1h1.1844−0.109%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1849−0.060%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1890+0.283%$12K$260K12xas long as short
Extended ZRO-USD+0.2336%1h1.1853−0.034%$784K$560K10xas long as short