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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against Binance+0.023%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.673% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.058%−$6 on $10k
Price spread, last 7 days+0.035%+$3 · spread now +0.023%, 7d avg +0.011%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZROUSDT1.17010.0100pay 0.0050% / 4h1h 28m$21.9M$29.9M75x
ShortOKX ZRO-USDT-SWAP1.17040.0100get 0.0050% / 4h1h 28m$3.2M$8.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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: +0.023% → +0.011%
$1.15
Slippage, 4 orders
−$47.31
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$66.16
Costs to cover
0.673%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; OKX: live order book, 4 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 Binance live order book, 13 min ago1.71 bp12.6 bp −$1333.0 bp −$330335.8 bp −$33.6Kdoesn't fit
Sell OKX live order book, 4 min ago0.43 bp21.8 bp −$2290.6 bp −$906doesn'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−0.0440%1h1.1716+0.124%$7K$3K5xas long as short
dYdX ZRO-USD0.0000%1h1.1711+0.083%$21K$3K5xas long as short
Bybit ZROUSDT+0.0034%4h1.1692−0.080%$17.8M$14.0M50xas long as short
Orderly PERP_ZRO_USDC+0.0036%4h1.1714+0.108%$21K$5K10xas long as short
BloFin ZRO-USDT+0.0055%4h1.1705+0.031%$1.1M$249K75xas long as short
Gate ZRO_USDT+0.0058%4h1.1700−0.011%$1.3M$1.5M75xas long as short
Lighter ZRO+0.0096%1h1.1732+0.266%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1731+0.253%$37.1M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1720+0.161%$158K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1715+0.118%$136K$176K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZROUSDTlong+0.0100%4h1.1701long leg$21.9M$29.9M75x
OKX ZRO-USDT-SWAPshort+0.0100%4h1.1704+0.023%$3.2M$8.0M20x
MEXC ZRO_USDT+0.0100%4h1.1700−0.011%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1718+0.142%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1697−0.037%$2.7M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1705+0.031%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1715+0.117%$95K$195K20xas long as short
Variational Omni ZRO+0.0100%4h1.1727+0.220%$2.3M$811Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1740+0.330%$39K$672K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1720+0.159%$100K$849K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1710+0.074%$21K3xas long as short
Nado ZRO-PERP+0.0194%1h1.1716+0.128%$1.3M$127K5xas long as short
Kraken Futures PF_ZROUSD+0.0198%1h1.1727+0.218%$258K$407K25xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1719+0.152%$3K100xas long as short
Extended ZRO-USD+0.0600%1h1.1700−0.009%$784K$591K10xas long as short
Injective ZRO/USDC PERP+0.1102%1h1.1760+0.501%$12K$260K12xas long as short