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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against Aster+0.026%49s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1221.219% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.187%+$19 · spread now +0.026%, 7d avg −0.016%
Together, before fees+0.186%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.042% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.17570.0100pay 0.0050% / 4h3h 24m$159K$150K10x
ShortApeX Omni ZROUSDT1.17600.0100get 0.0013% / 1h24m 41s$39K$676K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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
Price spread: +0.026% → −0.016%
$4.15
Slippage, 4 orders
−$103.9
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$117.74
Costs to cover
1.219%
Break-even
never at this rate
Slippage from Aster: live order book, 27 min ago; ApeX Omni: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 27 min ago3.81 bp55.0 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 29 min ago8.46 bp17.5 bp −$17117.4 bp −$1,174doesn't fitdoesn't fit

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%4h1.1758+0.009%$21K$5K10xas long as short
Aster ZROUSDTlong+0.0100%4h1.1757long leg$159K$150K10x
Pacifica ZRO+0.0100%1h1.1750−0.062%$137K$178K5xas long as short
Binance ZROUSDT+0.0100%4h1.1747−0.085%$22.1M$29.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1741−0.136%$17.9M$13.8M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1751−0.051%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1740−0.145%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1743−0.119%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.17570.000%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1748−0.077%$2.7M$2.6M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZRO-USDT+0.0100%4h1.1747−0.085%$16.4Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1749−0.068%$98K$222K20xas long as short
Variational Omni ZRO+0.0100%4h1.1739−0.150%$2.3M$809Kas long as short
ApeX Omni ZROUSDTshort+0.0100%1h1.1760+0.026%$39K$676K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1761+0.034%$100K$850K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1747−0.089%$21K3xas long as short
dYdX ZRO-USD+0.0114%1h1.1754−0.027%$21K$4K5xas long as short
Lighter ZRO+0.0136%1h1.1774+0.148%$4.4M$1.2M5xas long as short
BloFin ZRO-USDT+0.0145%4h1.1752−0.043%$1.1M$250K75xas long as short
Nado ZRO-PERP+0.0226%1h1.1756−0.007%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1752−0.046%$3K100xas long as short
01 Exchange ZROUSD+0.0352%1h1.1769+0.105%$7K$3K5xas long as short
Kraken Futures PF_ZROUSD+0.0461%1h1.1763+0.049%$257K$384K25xas long as short
Hyperliquid ZRO+0.0583%1h1.1769+0.106%$37.4M$5.5M5xas long as short
Extended ZRO-USD+0.1136%1h1.1748−0.074%$804K$625K10xas long as short
Injective ZRO/USDC PERP+0.1363%1h1.1800+0.366%$12K$261K12xas long as short