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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.071%
Price spread now: ApeX Omni against 01 Exchange−0.006%55s7-day average · you buy dearer than you sell
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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZROUSD1.1851−0.0096get 0.0012% / 1h11m 41s$7K$3K5x
ShortApeX Omni ZROUSDT1.18500.0100get 0.0013% / 1h11m 41s$37K$688K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against 01 Exchange. 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
$41.16
Price spread: −0.006% → 0.000%
−$0.59
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$23.57
Costs to cover
0.170%
Break-even
3.0 days
Slippage unknown: 01 Exchange: no order-book sample; ApeX Omni: live order book, 62 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 01 Exchange no order-book sample
Sell ApeX Omni live order book, 62 min ago12.78 bp21.7 bp −$22119.4 bp −$1,194doesn't fitdoesn't fit
01 Exchange: 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 ZROUSDlong−0.0096%1h1.1851long leg$7K$3K5x
Orderly PERP_ZRO_USDC+0.0012%4h1.1872+0.180%$21K$6K10xas long as short
Lighter ZRO+0.0096%1h1.1875+0.207%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1877+0.222%$37.6M$5.7M5xas long as short
Aster ZROUSDT+0.0100%4h1.1870+0.164%$159K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1862+0.098%$137K$168K5xas long as short
Binance ZROUSDT+0.0100%4h1.1858+0.066%$22.3M$30.1M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1858+0.062%$18.1M$14.0M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1860+0.078%$3.2M$8.1M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1860+0.078%$1.4M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1859+0.070%$19.3M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1871+0.171%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1862+0.095%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1862+0.095%$15.8Mas long as short
Variational Omni ZRO+0.0100%4h1.1818−0.275%$2.3M$853Kas long as short
ApeX Omni ZROUSDTshort+0.0100%1h1.1850−0.006%$37K$688K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1869+0.154%$92K$824K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1865+0.121%$21K3xas long as short
BloFin ZRO-USDT+0.0114%4h1.1851+0.003%$1.1M$255K75xas long as short
dYdX ZRO-USD+0.0204%1h1.1866+0.133%$21K$3K5xas long as short
Nado ZRO-PERP+0.0289%1h1.1861+0.088%$1.4M$127K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1872+0.177%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0299%1h1.1882+0.266%$255K$409K25xas long as short
Backpack ZRO_USDC_PERP+0.0435%1h1.1874+0.197%$98K$207K20xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1910+0.500%$12K$260K12xas long as short
Extended ZRO-USD+0.1232%1h1.1863+0.102%$788K$602K10xas long as short