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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Aevo against ApeX Omni−0.299%70s7-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: Aevo is 0.299% cheaper against ApeX Omni than usual: you would sell low and buy high, −$30 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZROUSDT1.17100.0100pay 0.0013% / 1h46m 20s$39K$671K50x
ShortAevo ZRO-PERP1.16750.0104get 0.0013% / 1h46m 20s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX 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
$0.84
Price spread: −0.299% → 0.000%
−$29.89
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$55.05
Costs to cover
0.260%
Break-even
465.7 days
Slippage unknown: ApeX Omni: live order book, 62 min ago; Aevo: no order-book sample. 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 ApeX Omni live order book, 62 min ago8.58 bp25.4 bp −$25116.7 bp −$1,167doesn't fitdoesn't fit
Sell Aevo no order-book sample
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
01 Exchange ZROUSD−0.0032%1h1.1676−0.289%$4K$5K5xas long as short
dYdX ZRO-USD+0.0085%1h1.1683−0.229%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0087%4h1.1677−0.282%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1701−0.077%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1686−0.205%$37.0M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1690−0.173%$158K$151K10xas long as short
Pacifica ZRO+0.0100%1h1.1683−0.227%$138K$174K5xas long as short
Binance ZROUSDT+0.0100%4h1.1675−0.298%$21.8M$29.3M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1672−0.325%$17.9M$13.5M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1687−0.196%$3.2M$7.7M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1690−0.171%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1681−0.248%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1673−0.316%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1672−0.325%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1677−0.282%$16.6Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1683−0.231%$96K$221K20xas long as short
Variational Omni ZRO+0.0100%4h1.1693−0.149%$2.3M$812Kas long as short
ApeX Omni ZROUSDTlong+0.0100%1h1.1710long leg$39K$671K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1682−0.239%$99K$819K5xas long as short
BloFin ZRO-USDT+0.0103%4h1.1681−0.248%$1.0M$202K75xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1675−0.299%$21K3x
Nado ZRO-PERP+0.0209%1h1.1676−0.292%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1678−0.277%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0515%1h1.1688−0.191%$253K$307K25xas long as short
Extended ZRO-USD+0.0768%1h1.1679−0.268%$803K$625K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1750+0.342%$12K$261K12xas long as short