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

ZRO

all ZRO markets
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Funding spread now, next payment 14:00 UTC0.0000%/8h
paid, last 24h+0.051%paid, last 3 days+0.080%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack ZRO_USDC_PERP1.23420.0100pay 0.0013% / 1h39m 26s$84K$170K20x
ShortVariational Omni ZRO1.22720.0100get 0.0050% / 4h2h 39m$2.5M$657K

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$10
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 20 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.567%
Avg gap 7d
−0.042%
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, 20 min ago0.41 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago3.98 bpdoesn't fit67.4 bp −$674doesn't fitdoesn't fit

ZRO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange ZROUSD−0.0320%1h$10K$755xas long as short
Kraken Futures PF_ZROUSD−0.0188%1h$278K$563K25xas long as short
Orderly PERP_ZRO_USDC−0.0056%4h$21K$7K10xas long as short
OKX ZRO-USDT-SWAP−0.0025%4h$3.4M$8.2M20xas long as short
dYdX ZRO-USD0.0000%1h$22K$795xas long as short
Lighter ZRO+0.0096%1h$5.1M$971K5xas long as short
Hyperliquid ZRO+0.0100%1h$41.0M$6.8M5xas long as short
Aster ZROUSDT+0.0100%4h$139K$99K10xas long as short
Pacifica ZRO+0.0100%1h$154K$196K5xas long as short
Binance ZROUSDT+0.0100%4h$23.8M$32.7M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h$19.2M$16.6M50xas long as short
Gate ZRO_USDT+0.0100%4h$1.4M$2.0M75xas long as short
MEXC ZRO_USDT+0.0100%4h$17.9M$3.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h$2.7M$1.2M50xas long as short
Bitget ZROUSDT+0.0100%4h$2.8M$2.9M75xas long as short
BingX ZRO-USDT+0.0100%4h$8.5Mas long as short
Backpack ZRO_USDC_PERPlong+0.0100%1h$84K$170K20x
Variational Omni ZROshort+0.0100%4h$2.5M$657K
ApeX Omni ZROUSDT+0.0100%1h$39K$674K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h$86K$825K5xas long as short
Extended ZRO-USD+0.0104%1h$823K$255K10xas long as short
Aevo ZRO-PERP+0.0104%1h$22K3xas long as short
BloFin ZRO-USDT+0.0124%4h$1.1M$294K75xas long as short
Nado ZRO-PERP+0.0134%1h$1.4M$85K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0411% / S −0.4670%1h$7K100xas long as short
Injective ZRO/USDC PERP+0.0634%1h$13K$176K12xas long as short