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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0260%/8h= +28.5% APRnext payment +$0.33 per $10,000 · paid last 24h +0.067%
Price spread now: Pacifica against 01 Exchange+0.087%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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Pacifica is 0.087% dearer against 01 Exchange than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZROUSD1.1725−0.0160get 0.0020% / 1h32m 08s$7K$3K5x
ShortPacifica ZRO1.17350.0100get 0.0013% / 1h32m 08s$136K$177K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$54.6
Price spread: +0.087% → 0.000%
$8.7
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$48.3
Costs to cover
0.150%
Break-even
0.8 days
Slippage unknown: 01 Exchange: no order-book sample; Pacifica: live order book, 46 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 Pacifica live order book, 46 min ago3.39 bp12.1 bp −$12doesn't fitdoesn'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−0.0160%1h1.1725long leg$7K$3K5x
Orderly PERP_ZRO_USDC+0.0001%4h1.1732+0.061%$21K$7K10xas long as short
BloFin ZRO-USDT+0.0076%4h1.1737+0.104%$1.1M$255K75xas long as short
Lighter ZRO+0.0096%1h1.1742+0.150%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1735+0.087%$37.2M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1743+0.152%$157K$153K10xas long as short
Pacifica ZROshort+0.0100%1h1.1735+0.087%$136K$177K5x
Binance ZROUSDT+0.0100%4h1.1728+0.030%$22.0M$31.3M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1727+0.019%$17.9M$14.7M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1724−0.007%$3.2M$8.3M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1740+0.130%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1728+0.027%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1724−0.007%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1724−0.007%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1734+0.078%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1738+0.113%$100K$207K20xas long as short
Variational Omni ZRO+0.0100%4h1.1756+0.263%$2.3M$878Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1770+0.386%$37K$685K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1739+0.121%$93K$825K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1730+0.047%$21K3xas long as short
Kraken Futures PF_ZROUSD+0.0133%1h1.1744+0.164%$252K$434K25xas long as short
dYdX ZRO-USD+0.0137%1h1.1738+0.117%$21K$2K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1734+0.077%$3K100xas long as short
Nado ZRO-PERP+0.0365%1h1.1732+0.065%$1.3M$125K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1840+0.983%$12K$260K12xas long as short
Extended ZRO-USD+0.1992%1h1.1726+0.006%$784K$610K10xas long as short