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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.001%
Price spread now: Aevo against Bybit−0.017%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZROUSDT1.17170.0016pay 0.0008% / 4h1h 56m$18.0M$13.9M50x
ShortAevo ZRO-PERP1.17150.0104get 0.0013% / 1h56m 23s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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
$18.45
Price spread: −0.017% → 0.000%
−$1.71
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$10.26
Costs to cover
0.270%
Break-even
10.9 days
Slippage unknown: Bybit: live order book, 2 min ago; Aevo: 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 Bybit live order book, 2 min ago1.29 bp14.4 bp −$1449.2 bp −$492doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 25 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−0.0592%1h1.1738+0.179%$7K$3K5xas long as short
dYdX ZRO-USD0.0000%1h1.1711−0.051%$21K$3K5xas long as short
Bybit ZROUSDTlong+0.0016%4h1.1717long leg$18.0M$13.9M50x
Orderly PERP_ZRO_USDC+0.0034%4h1.1729+0.102%$21K$5K10xas long as short
Gate ZRO_USDT+0.0044%4h1.1710−0.060%$1.3M$1.5M75xas long as short
Lighter ZRO+0.0096%1h1.1733+0.135%$4.4M$1.2M5xas long as short
Nado ZRO-PERP+0.0100%1h1.1724+0.063%$1.3M$124K5xas long as short
Aster ZROUSDT+0.0100%4h1.1729+0.102%$158K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1725+0.064%$136K$169K5xas long as short
Binance ZROUSDT+0.0100%4h1.1729+0.102%$22.0M$29.6M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1727+0.085%$3.2M$7.9M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1731+0.119%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1730+0.111%$2.3M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1722+0.043%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1725+0.068%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1680−0.316%$97K$206K20xas long as short
Variational Omni ZRO+0.0100%4h1.1687−0.252%$2.3M$814Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1690−0.230%$39K$675K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1740+0.196%$92K$834K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1715−0.017%$21K3x
Hyperliquid ZRO+0.0113%1h1.1752+0.299%$37.2M$5.4M5xas long as short
Kraken Futures PF_ZROUSD+0.0197%1h1.1741+0.202%$259K$406K25xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1739+0.191%$3K100xas long as short
Extended ZRO-USD+0.0976%1h1.1720+0.023%$785K$590K10xas long as short
Injective ZRO/USDC PERP+0.1102%1h1.1700−0.145%$12K$260K12xas long as short