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+0.0364%/8h= +39.9% APRpaid last 24h +0.051%
Price spread now: BingX against 01 Exchange+0.096%7-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 feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BingX is 0.096% dearer against 01 Exchange than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZROUSD1.1739−0.0264get 0.0033% / 1h49m 15s$7K$3K5x
ShortBingX ZRO-USDT1.17500.0100get 0.0050% / 4h2h 49m$10.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$76.44
Price spread: +0.096% → 0.000%
$9.63
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
$69.07
Costs to cover
0.170%
Break-even
0.7 days
Slippage unknown: 01 Exchange: no order-book sample; BingX: live order book, 4 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 BingX live order book, 4 min ago1.70 bp8.8 bp −$911.9 bp −$11927.8 bp −$2,77956.1 bp −$28.0K
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−0.0264%1h1.1739long leg$7K$3K5x
Bybit ZROUSDT−0.0069%4h1.1750+0.096%$18.0M$16.3M50xas long as short
Orderly PERP_ZRO_USDC−0.0039%4h1.1758+0.164%$21K$7K10xas long as short
OKX ZRO-USDT-SWAP0.0000%4h1.1756+0.147%$3.2M$9.2M20xas long as short
dYdX ZRO-USD0.0000%1h1.1761+0.186%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0062%4h1.1752+0.113%$1.1M$264K75xas long as short
Lighter ZRO+0.0096%1h1.1767+0.241%$4.6M$1.2M5xas long as short
Variational Omni ZRO+0.0100%4h1.1715−0.201%$2.2M$893Kas long as short
Hyperliquid ZRO+0.0100%1h1.1772+0.284%$37.4M$7.1M5xas long as short
Aster ZROUSDT+0.0100%4h1.1765+0.223%$157K$162K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ZRO+0.0100%1h1.1755+0.137%$143K$197K5xas long as short
Binance ZROUSDT+0.0100%4h1.1754+0.129%$22.3M$34.3M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1740+0.011%$1.3M$2.0M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1757+0.156%$19.0M$3.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1744+0.045%$2.6M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1752+0.113%$2.7M$2.5M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1750+0.096%$10.9M
Backpack ZRO_USDC_PERP+0.0100%1h1.1753+0.122%$92K$209K20xas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1730−0.074%$37K$680K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1762+0.198%$86K$998K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1780+0.355%$21K3xas long as short
Nado ZRO-PERP+0.0214%1h1.1753+0.120%$1.3M$131K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1763+0.210%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0319%1h1.1769+0.258%$249K$575K25xas long as short
Extended ZRO-USD+0.0816%1h1.1748+0.079%$780K$560K10xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1790+0.437%$12K$145K12xas long as short