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

ZRO

all ZRO markets
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Funding spread now, next payment 17:00 UTC+0.0255%/8h
next payment, per $10,000+$0.32paid, last 24h+0.029%paid, last 3 days+0.115%to open and close $10k−$33
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack ZRO_USDC_PERP1.18260.0100pay 0.0013% / 1h17m 31s$89K$203K20x
ShortNado ZRO-PERP1.18260.0355get 0.0044% / 1h17m 31s$1.3M$119K5x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$53.62
Slippage, 4 orders
−$15.9
Fee Backpack: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$20.72
Break-even
4.3 days
Slippage from Backpack: live order book, 27 min ago; Nado: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.001%
Avg gap 7d
+0.008%
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 Backpack live order book, 27 min ago0.42 bp6.4 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 3 min ago2.54 bp10.3 bp −$1027.8 bp −$278doesn't fitdoesn't fit

ZRO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ZROUSD−0.0158%1h$262K$573K25xas long as short
Orderly PERP_ZRO_USDC−0.0058%4h$21K$7K10xas long as short
Bybit ZROUSDT−0.0044%4h$18.3M$17.6M50xas long as short
dYdX ZRO-USD+0.0057%1h$21K$1K5xas long as short
BloFin ZRO-USDT+0.0068%4h$1.1M$276K75xas long as short
Aster ZROUSDT+0.0100%4h$159K$153K10xas long as short
Pacifica ZRO+0.0100%1h$142K$218K5xas long as short
Binance ZROUSDT+0.0100%4h$22.7M$34.5M75xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h$3.2M$8.0M20xas long as short
Gate ZRO_USDT+0.0100%4h$1.4M$2.2M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h$17.8M$3.9M125xas long as short
KuCoin ZROUSDTM+0.0100%4h$2.4M$1.3M50xas long as short
Bitget ZROUSDT+0.0100%4h$2.7M$2.8M75xas long as short
BingX ZRO-USDT+0.0100%4h$9.0Mas long as short
Backpack ZRO_USDC_PERPlong+0.0100%1h$89K$203K20x
Variational Omni ZRO+0.0100%4h$2.3M$903Kas long as short
ApeX Omni ZROUSDT+0.0100%1h$37K$682K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h$81K$863K5xas long as short
Extended ZRO-USD+0.0104%1h$787K$474K10xas long as short
Aevo ZRO-PERP+0.0104%1h$21K3xas long as short
01 Exchange ZROUSD+0.0240%1h$7K$3K5xas long as short
Lighter ZRO+0.0280%1h$4.8M$1.3M5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0282% / S −0.2124%1h$3K100xas long as short
Nado ZRO-PERPshort+0.0355%1h$1.3M$119K5x
Injective ZRO/USDC PERP+0.0456%1h$12K$147K12xas long as short
Hyperliquid ZRO+0.0712%1h$39.0M$7.5M5xas long as short