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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.020%
Price spread now: Aevo against dYdX−0.038%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
Funding pays, the price is against you. Aevo is 0.038% cheaper against dYdX than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 38 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZRO-USD1.16520.0026pay 0.0003% / 1h0m 00s$21K$5K5x
ShortAevo ZRO-PERP1.16480.0104get 0.0013% / 1h0m 00s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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
$16.48
Price spread: −0.038% → 0.000%
−$3.76
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$13.28
Costs to cover
0.260%
Break-even
12.6 days
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample
Sell Aevo no order-book sample
dYdX and 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 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-USDlong+0.0026%1h1.1652long leg$21K$5K5x
01 Exchange ZROUSD+0.0064%1h1.1654+0.012%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0094%4h1.1655+0.023%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1673+0.179%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1658+0.049%$36.9M$5.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1665+0.110%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1653+0.007%$137K$171K5xas long as short
Binance ZROUSDT+0.0100%4h1.1652−0.006%$21.8M$29.0M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1645−0.063%$17.8M$13.3M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1649−0.028%$3.2M$7.6M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1650−0.020%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1656+0.032%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1666+0.118%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1648−0.037%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1644−0.071%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1639−0.114%$2.3M$771Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1690+0.324%$39K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1665+0.109%$99K$817K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1648−0.038%$21K3x
BloFin ZRO-USDT+0.0142%4h1.1643−0.080%$1.0M$202K75xas long as short
Backpack ZRO_USDC_PERP+0.0192%1h1.1657+0.040%$95K$214K20xas long as short
Nado ZRO-PERP+0.0246%1h1.1649−0.026%$1.3M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1657+0.040%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0516%1h1.1660+0.065%$254K$298K25xas long as short
Extended ZRO-USD+0.0768%1h1.1645−0.065%$797K$647K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1730+0.667%$12K$261K12xas long as short