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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Aster−0.125%7-day average −0.040% · 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)−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.125%, 7d avg −0.040%
Together, before fees+0.084%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board+$8 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: Pacifica is 0.084% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.17950.0100pay 0.0050% / 4h1h 30m$158K$153K10x
ShortPacifica ZRO1.17810.0100get 0.0013% / 1h30m 36s$137K$182K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.125% → −0.040%
−$8.43
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$24.43
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 51 min ago; Pacifica: live order book, 52 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 Aster live order book, 51 min ago4.64 bp46.1 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 52 min ago2.53 bp11.7 bp −$12doesn't fitdoesn'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
01 Exchange ZROUSD−0.0504%1h1.1771−0.208%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0041%4h1.1789−0.053%$21K$7K10xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1799+0.029%$250K$518K25xas long as short
BloFin ZRO-USDT+0.0062%4h1.1791−0.036%$1.1M$262K75xas long as short
Lighter ZRO+0.0096%1h1.1785−0.087%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1794−0.011%$37.4M$6.2M5xas long as short
Aster ZROUSDTlong+0.0100%4h1.1795long leg$158K$153K10x
Pacifica ZROshort+0.0100%1h1.1781−0.125%$137K$182K5x
Binance ZROUSDT+0.0100%4h1.1778−0.147%$22.1M$31.7M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1771−0.206%$18.0M$14.8M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1787−0.070%$3.2M$8.5M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1790−0.045%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1780−0.130%$19.0M$3.1M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1794−0.011%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1776−0.164%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1785−0.087%$10.8Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1794−0.011%$100K$208K20xas long as short
Variational Omni ZRO+0.0100%4h1.1815+0.168%$2.3M$859Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1830+0.294%$37K$682K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1793−0.019%$88K$904K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1787−0.068%$21K3xas long as short
dYdX ZRO-USD+0.0139%1h1.1785−0.083%$21K$2K5xas long as short
Nado ZRO-PERP+0.0181%1h1.1779−0.142%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1808+0.111%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1880+0.718%$12K$218K12xas long as short
Extended ZRO-USD+0.2504%1h1.1776−0.165%$780K$541K10xas long as short