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

ZRO

all ZRO markets
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Funding spread now, next payment 20:00 UTC−0.0187%/8h
next payment, per $10,000$0.94paid, last 24h−0.016%paid, last 7 days−0.053%to open and close $10k−$62
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.94 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZROUSDT1.1833−0.0069get 0.0035% / 4h1h 09m$18.2M$17.0M50x
ShortOKX ZRO-USDT-SWAP1.1844−0.0257pay 0.0128% / 4h1h 09m$3.2M$8.2M20x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$39.34
Slippage, 4 orders
−$41.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$101.72
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 5 min ago.

Price risk

price view
Price gap now
+0.093%
Avg gap 7d
+0.037%
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 Bybit live order book, 1 min ago1.27 bp13.8 bp −$1435.5 bp −$355doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.54 bp16.0 bp −$1683.3 bp −$833doesn't fitdoesn't fit

ZRO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange ZROUSD−0.0464%1h$7K$3K5xas long as short
OKX ZRO-USDT-SWAPshort−0.0257%4h$3.2M$8.2M20x
Kraken Futures PF_ZROUSD−0.0210%1h$259K$569K25xas long as short
Bybit ZROUSDTlong−0.0069%4h$18.2M$17.0M50x
dYdX ZRO-USD0.0000%1h$21K$2K5xas long as short
Orderly PERP_ZRO_USDC+0.0009%4h$21K$7K10xas long as short
Variational Omni ZRO+0.0012%4h$2.3M$900Kas long as short
BloFin ZRO-USDT+0.0093%4h$1.1M$274K75xas long as short
Lighter ZRO+0.0096%1h$4.8M$1.3M5xas long as short
Hyperliquid ZRO+0.0100%1h$37.8M$8.3M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster ZROUSDT+0.0100%4h$158K$160K10xas long as short
Pacifica ZRO+0.0100%1h$142K$210K5xas long as short
Binance ZROUSDT+0.0100%4h$22.4M$35.5M75xas long as short
Gate ZRO_USDT+0.0100%4h$1.4M$2.2M75xas long as short
MEXC ZRO_USDT+0.0100%4h$18.2M$3.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h$2.6M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h$2.7M$2.7M75xas long as short
BingX ZRO-USDT+0.0100%4h$9.1Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h$89K$202K20xas long as short
ApeX Omni ZROUSDT+0.0100%1h$37K$678K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h$79K$916K5xas long as short
Extended ZRO-USD+0.0104%1h$784K$563K10xas long as short
Aevo ZRO-PERP+0.0104%1h$21K3xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h$3K100xas long as short
Nado ZRO-PERP+0.0327%1h$1.3M$131K5xas long as short
Injective ZRO/USDC PERP+0.1143%1h$12K$124K12xas long as short