data as of
Settings8H · net · $10k
Funding arb /

ZRO

all ZRO markets
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Funding spread now, next payment 18:00 UTC−0.0521%/8h
paid, last 24h−0.022%paid, last 5 days−0.139%to open and close $10k−$136
The current rate is far above what this pair has been paying: over the last 5 days it paid -0.139% in total (about -10.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.17260.0100pay 0.0050% / 4h2h 39m$157K$156K10x
ShortBackpack ZRO_USDC_PERP1.1717−0.0421pay 0.0053% / 1h39m 18s$92K$202K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$109.35
Slippage, 4 orders
−$117.57
Fee Aster: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$244.92
Break-even
never at this rate
Slippage from Aster: live order book, 64 min ago; Backpack: live order book, just now.

Price risk

price view
Price gap now
−0.080%
Avg gap 7d
−0.036%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 64 min ago4.58 bp93.8 bp −$94397.4 bp −$3,974doesn't fitdoesn't fit
Sell Backpack live order book, just now0.43 bp8.2 bp −$8doesn't fitdoesn't fitdoesn't fit

ZRO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Backpack ZRO_USDC_PERPshort−0.0421%1h$92K$202K20x
Orderly PERP_ZRO_USDC−0.0013%4h$21K$7K10xas long as short
dYdX ZRO-USD+0.0007%1h$21K$1K5xas long as short
Kraken Futures PF_ZROUSD+0.0097%1h$259K$574K25xas long as short
Hyperliquid ZRO+0.0100%1h$38.3M$7.8M5xas long as short
Aster ZROUSDTlong+0.0100%4h$157K$156K10x
Pacifica ZRO+0.0100%1h$141K$222K5xas long as short
Binance ZROUSDT+0.0100%4h$22.6M$35.1M75xas long as short
Bybit ZROUSDT+0.0100%4h$18.2M$17.7M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h$3.2M$8.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h$1.3M$2.2M75xas long as short
MEXC ZRO_USDT+0.0100%4h$17.9M$3.9M125xas long as short
KuCoin ZROUSDTM+0.0100%4h$2.5M$1.6M50xas long as short
Bitget ZROUSDT+0.0100%4h$2.7M$2.8M75xas long as short
BingX ZRO-USDT+0.0100%4h$9.1Mas long as short
Variational Omni ZRO+0.0100%4h$2.2M$894Kas long as short
ApeX Omni ZROUSDT+0.0100%1h$37K$680K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h$80K$853K5xas long as short
Aevo ZRO-PERP+0.0104%1h$21K3xas long as short
01 Exchange ZROUSD+0.0128%1h$7K$3K5xas long as short
BloFin ZRO-USDT+0.0149%4h$1.1M$274K75xas long as short
Extended ZRO-USD+0.0208%1h$777K$534K10xas long as short
Nado ZRO-PERP+0.0276%1h$1.3M$134K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0282% / S −0.2124%1h$3K100xas long as short
Lighter ZRO+0.0552%1h$4.7M$1.3M5xas long as short
Injective ZRO/USDC PERP+0.1291%1h$12K$122K12xas long as short