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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.063%
Price spread now: 01 Exchange against Binance+0.063%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.063% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZROUSDT1.16600.0100pay 0.0050% / 4h2h 49m$21.8M$29.6M75x
Short01 Exchange ZROUSD1.16680.0168get 0.0021% / 1h49m 18s$7K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$14.28
Price spread: +0.063% → 0.000%
$6.33
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$3.61
Costs to cover
0.170%
Break-even
5.2 days
Slippage unknown: Binance: live order book, 7 min ago; 01 Exchange: no order-book sample. 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 Binance live order book, 7 min ago1.29 bp15.8 bp −$1638.4 bp −$384330.8 bp −$33.1Kdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX ZRO-USD0.0000%1h1.1652−0.072%$21K$4K5xas long as short
Backpack ZRO_USDC_PERP+0.0030%1h1.1655−0.046%$94K$219K20xas long as short
Orderly PERP_ZRO_USDC+0.0059%4h1.1662+0.014%$20K$4K10xas long as short
BloFin ZRO-USDT+0.0078%4h1.1666+0.049%$1.1M$248K75xas long as short
Lighter ZRO+0.0096%1h1.1681+0.176%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1673+0.109%$37.0M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1666+0.052%$157K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1657−0.030%$137K$179K5xas long as short
Binance ZROUSDTlong+0.0100%4h1.1660long leg$21.8M$29.6M75x
Bybit ZROUSDT+0.0100%4h1.1653−0.063%$17.9M$13.7M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1670+0.083%$3.2M$7.8M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1660−0.003%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1660−0.003%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1652−0.071%$2.3M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1662+0.014%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1659−0.011%$16.6Mas long as short
Variational Omni ZRO+0.0100%4h1.1669+0.078%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1680+0.169%$39K$677K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1672+0.100%$99K$820K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1660−0.003%$21K3xas long as short
01 Exchange ZROUSDshort+0.0168%1h1.1668+0.063%$7K$3K5x
Nado ZRO-PERP+0.0200%1h1.1663+0.023%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1663+0.020%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0705%1h1.1671+0.094%$255K$355K25xas long as short
Extended ZRO-USD+0.1008%1h1.1665+0.044%$800K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1700+0.340%$12K$260K12xas long as short