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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%
Price spread now: Aevo against Variational Omni+0.289%48s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.289% dearer against Variational Omni than usual: you sell high and buy low, +$29 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZRO1.17660.0100pay 0.0050% / 4h2h 54m$2.2M$893K
ShortAevo ZRO-PERP1.18000.0104get 0.0013% / 1h54m 34s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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: +0.289% → 0.000%
$28.95
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
$13.79
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 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 Variational Omni RFQ quote, 5 min ago3.57 bpdoesn't fit45.8 bp −$458doesn'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−0.0248%1h1.1781+0.124%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0037%4h1.1801+0.298%$21K$7K10xas long as short
OKX ZRO-USDT-SWAP−0.0011%4h1.1735−0.263%$3.2M$9.2M20xas long as short
Bybit ZROUSDT−0.0007%4h1.1725−0.348%$18.0M$16.3M50xas long as short
dYdX ZRO-USD0.0000%1h1.1787+0.181%$21K$2K5xas long as short
Hyperliquid ZRO+0.0100%1h1.1759−0.059%$37.3M$7.1M5xas long as short
Aster ZROUSDT+0.0100%4h1.1791+0.210%$158K$163K10xas long as short
Pacifica ZRO+0.0100%1h1.1779+0.113%$143K$201K5xas long as short
Binance ZROUSDT+0.0100%4h1.1742−0.203%$22.2M$34.5M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1750−0.135%$1.3M$2.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1783+0.145%$19.0M$3.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1774+0.068%$2.6M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1737−0.246%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1746−0.169%$10.9Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1801+0.298%$92K$208K20xas long as short
Variational Omni ZROlong+0.0100%4h1.1766long leg$2.2M$893K
ApeX Omni ZROUSDT+0.0100%1h1.1770+0.034%$37K$683K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1747−0.161%$86K$1.0M5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1800+0.289%$21K3x
BloFin ZRO-USDT+0.0104%4h1.1778+0.102%$1.1M$265K75xas long as short
Lighter ZRO+0.0176%1h1.1790+0.201%$4.7M$1.2M5xas long as short
Nado ZRO-PERP+0.0221%1h1.1738−0.236%$1.3M$131K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1803+0.317%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0318%1h1.1808+0.361%$250K$574K25xas long as short
Extended ZRO-USD+0.0336%1h1.1736−0.254%$780K$560K10xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1820+0.459%$12K$145K12xas long as short