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: Aster against Polymarket Perps−0.073%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$940.935% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now −0.073%, 7d avg −0.018%
Together, before fees−0.166%+ Points / potential airdropAster: Stage 5 · farm board−$17 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 0.055% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.16640.0100pay 0.0013% / 1h54m 07s$98K$844K5x
ShortAster ZROUSDT1.16550.0100get 0.0050% / 4h54m 07s$157K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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: −0.073% → −0.018%
−$5.51
Slippage, 4 orders
−$77.55
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$99.05
Costs to cover
0.935%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 29 min ago; Aster: live order book, 2 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 Polymarket Perps live order book, 29 min ago3.83 bp7.8 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago3.85 bp30.8 bp −$31doesn'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-USD0.0000%1h1.1662−0.017%$21K$4K5xas long as short
01 Exchange ZROUSD+0.0008%1h1.1659−0.046%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1645−0.163%$20K$5K10xas long as short
Lighter ZRO+0.0096%1h1.1671+0.062%$4.3M$1.2M5xas long as short
Aster ZROUSDTshort+0.0100%4h1.1655−0.073%$157K$150K10x
Pacifica ZRO+0.0100%1h1.1666+0.019%$135K$177K5xas long as short
Binance ZROUSDT+0.0100%4h1.1652−0.105%$21.8M$29.7M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1645−0.163%$17.7M$13.9M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1651−0.111%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1650−0.120%$1.3M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1648−0.137%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1648−0.137%$2.5M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1651−0.111%$2.7M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1656−0.069%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1655−0.077%$98K$196K20xas long as short
Variational Omni ZRO+0.0100%4h1.1657−0.064%$2.3M$810Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1640−0.206%$39K$672K50xas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1664long leg$98K$844K5x
Aevo ZRO-PERP+0.0104%1h1.1648−0.135%$21K3xas long as short
BloFin ZRO-USDT+0.0105%4h1.1656−0.069%$1.1M$248K75xas long as short
Nado ZRO-PERP+0.0135%1h1.1657−0.063%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1655−0.077%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0382%1h1.1665+0.005%$256K$404K25xas long as short
Hyperliquid ZRO+0.0535%1h1.1668+0.034%$36.9M$5.4M5xas long as short
Extended ZRO-USD+0.1016%1h1.1644−0.174%$780K$590K10xas long as short
Injective ZRO/USDC PERP+0.1186%1h1.1720+0.480%$12K$260K12xas long as short