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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Aevo−0.070%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.070% cheaper against Aevo than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZRO-PERP1.17680.0104pay 0.0013% / 1h28m 37s$21K3x
ShortBitget ZROUSDT1.17600.0100get 0.0050% / 4h3h 28m$2.7M$2.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aevo. 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: −0.070% → 0.000%
−$6.97
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$35.81
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Bitget: 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 Aevo no order-book sample
Sell Bitget live order book, 4 min ago2.98 bp17.3 bp −$1732.5 bp −$325doesn't fitdoesn't fit
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
Orderly PERP_ZRO_USDC+0.0049%4h1.1769+0.007%$21K$5K10xas long as short
BloFin ZRO-USDT+0.0081%4h1.1768−0.002%$1.1M$250K75xas long as short
Aster ZROUSDT+0.0100%4h1.1765−0.029%$159K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1768−0.003%$137K$178K5xas long as short
Binance ZROUSDT+0.0100%4h1.1766−0.019%$22.1M$29.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1757−0.095%$18.0M$13.8M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1764−0.036%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1760−0.070%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1767−0.010%$19.3M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1762−0.053%$2.4M$2.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZROUSDTshort+0.0100%4h1.1760−0.070%$2.7M$2.6M75x
BingX ZRO-USDT+0.0100%4h1.1765−0.027%$16.4Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1768−0.002%$98K$222K20xas long as short
Variational Omni ZRO+0.0100%4h1.1759−0.074%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1750−0.155%$39K$676K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1776+0.066%$100K$850K5xas long as short
dYdX ZRO-USD+0.0104%1h1.1765−0.028%$21K$4K5xas long as short
Aevo ZRO-PERPlong+0.0104%1h1.1768long leg$21K3x
Lighter ZRO+0.0120%1h1.1791+0.195%$4.4M$1.2M5xas long as short
Nado ZRO-PERP+0.0222%1h1.1772+0.032%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1765−0.026%$3K100xas long as short
01 Exchange ZROUSD+0.0344%1h1.1786+0.150%$7K$3K5xas long as short
Kraken Futures PF_ZROUSD+0.0460%1h1.1778+0.085%$259K$384K25xas long as short
Hyperliquid ZRO+0.0560%1h1.1784+0.134%$37.4M$5.5M5xas long as short
Extended ZRO-USD+0.1144%1h1.1765−0.027%$804K$625K10xas long as short
Injective ZRO/USDC PERP+0.1363%1h1.1820+0.440%$12K$261K12xas long as short