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% APRpaid last 24h 0.000%
Price spread now: KuCoin against Pacifica−0.017%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1351.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.017%, 7d avg +0.004%
Together, before fees+0.026%+ Points / potential airdropPacifica: Active · farm board+$3 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: KuCoin is 0.020% cheaper against Pacifica than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZRO1.16930.0100pay 0.0013% / 1h41m 13s$137K$171K5x
ShortKuCoin ZROUSDTM1.16910.0100get 0.0050% / 4h41m 13s$2.4M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.017% → +0.004%
−$2.02
Slippage, 4 orders
−$114.75
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$136.77
Costs to cover
1.347%
Break-even
never at this rate
Slippage from Pacifica: live order book, 62 min ago; KuCoin: 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 Pacifica live order book, 62 min ago3.42 bp16.7 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago8.55 bp44.4 bp −$44129.1 bp −$1,291doesn'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-USD0.0000%1h1.1695+0.016%$21K$5K5xas long as short
01 Exchange ZROUSD+0.0088%1h1.1696+0.028%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0094%4h1.1689−0.034%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1713+0.176%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1703+0.086%$37.1M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1701+0.069%$158K$150K10xas long as short
Pacifica ZROlong+0.0100%1h1.1693long leg$137K$171K5x
Binance ZROUSDT+0.0100%4h1.1688−0.045%$21.9M$28.9M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1686−0.059%$17.9M$13.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1688−0.042%$3.2M$7.6M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1690−0.025%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1688−0.042%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTMshort+0.0100%4h1.1691−0.017%$2.4M$2.0M50x
Bitget ZROUSDT+0.0100%4h1.1696+0.026%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1695+0.018%$21.8Mas long as short
Variational Omni ZRO+0.0100%4h1.1686−0.057%$2.3M$771Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1680−0.111%$39K$669K50xas long as short
Nado ZRO-PERP+0.0100%1h1.1691−0.013%$1.3M$128K5xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1696+0.026%$99K$813K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1680−0.111%$21K3xas long as short
BloFin ZRO-USDT+0.0138%4h1.1694+0.009%$1.0M$202K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1689−0.037%$3K100xas long as short
Backpack ZRO_USDC_PERP+0.0365%1h1.1704+0.095%$95K$214K20xas long as short
Kraken Futures PF_ZROUSD+0.0430%1h1.1706+0.112%$255K$298K25xas long as short
Extended ZRO-USD+0.0688%1h1.1688−0.045%$797K$647K10xas long as short
Injective ZRO/USDC PERP+0.1271%1h1.1750+0.488%$12K$261K12xas long as short