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 +0.001%
Price spread now: BingX against Variational Omni+0.206%7-day average +0.024% · 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)+0.004%$0 on $10k
Price spread, last 7 days−0.168%−$17 · spread now +0.206%, 7d avg +0.024%
Together, before fees−0.164%+ Points / potential airdropVariational Omni: Active · farm board−$16 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: BingX is 0.183% dearer against Variational Omni than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZRO1.17190.0100pay 0.0050% / 4h9m 32s$2.3M$879K
ShortBingX ZRO-USDT1.17430.0100get 0.0050% / 4h9m 32s$10.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
Price spread: +0.206% → +0.024%
$18.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$8.27
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; BingX: live order book, 3 min ago. 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 ago3.58 bpdoesn't fit39.5 bp −$395doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago2.56 bp9.4 bp −$912.9 bp −$12923.1 bp −$2,31145.4 bp −$22.7K

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%1h1.1728+0.081%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0012%4h1.1744+0.215%$21K$7K10xas long as short
dYdX ZRO-USD+0.0094%1h1.1754+0.299%$21K$3K5xas long as short
Lighter ZRO+0.0096%1h1.1753+0.294%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1752+0.283%$37.2M$6.1M5xas long as short
Aster ZROUSDT+0.0100%4h1.1756+0.316%$157K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1746+0.232%$136K$173K5xas long as short
Binance ZROUSDT+0.0100%4h1.1743+0.206%$22.1M$30.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1736+0.147%$17.9M$14.4M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1744+0.215%$3.2M$8.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1730+0.096%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1746+0.232%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1736+0.147%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1743+0.206%$2.7M$2.4M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1743+0.206%$10.7M
Backpack ZRO_USDC_PERP+0.0100%1h1.1753+0.292%$97K$207K20xas long as short
Variational Omni ZROlong+0.0100%4h1.1719long leg$2.3M$879K
ApeX Omni ZROUSDT+0.0100%1h1.1730+0.096%$37K$687K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1749+0.258%$94K$823K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1748+0.251%$21K3xas long as short
Kraken Futures PF_ZROUSD+0.0133%1h1.1757+0.323%$252K$419K25xas long as short
BloFin ZRO-USDT+0.0150%4h1.1723+0.036%$1.1M$255K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1750+0.265%$3K100xas long as short
Nado ZRO-PERP+0.0313%1h1.1743+0.205%$1.3M$124K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1790+0.608%$12K$260K12xas long as short
Extended ZRO-USD+0.1952%1h1.1739+0.171%$784K$589K10xas long as short