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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.019%
Price spread now: Pacifica against dYdX−0.065%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Pacifica is 0.065% cheaper against dYdX than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZRO-USD1.18530get 0.0000% / 1h33m 30s$21K$5K5x
ShortPacifica ZRO1.18450.0100get 0.0013% / 1h33m 30s$137K$170K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$21
Price spread: −0.065% → 0.000%
−$6.52
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$3.52
Costs to cover
0.180%
Break-even
8.2 days
Slippage unknown: dYdX: no order-book sample; Pacifica: live order book, 64 min ago. 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 Pacifica live order book, 64 min ago3.01 bp10.4 bp −$10doesn't fitdoesn't fitdoesn't fit
dYdX: 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
01 Exchange ZROUSD−0.0288%1h1.1841−0.103%$4K$5K5xas long as short
dYdX ZRO-USDlong0.0000%1h1.1853long leg$21K$5K5x
Orderly PERP_ZRO_USDC+0.0070%4h1.1896+0.362%$21K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1858+0.042%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1866+0.109%$37.6M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1863+0.083%$160K$150K10xas long as short
Pacifica ZROshort+0.0100%1h1.1845−0.065%$137K$170K5x
Binance ZROUSDT+0.0100%4h1.1847−0.051%$22.3M$29.3M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1846−0.059%$18.2M$13.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1851−0.017%$3.2M$7.9M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1840−0.110%$1.3M$1.3M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1848−0.042%$20.0M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1859+0.050%$2.4M$2.2M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1837−0.135%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1846−0.059%$21.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1906+0.443%$2.3M$766Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1920+0.565%$40K$668K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1860+0.059%$101K$799K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1905+0.438%$21K3xas long as short
BloFin ZRO-USDT+0.0126%4h1.1908+0.464%$1.1M$201K75xas long as short
Nado ZRO-PERP+0.0163%1h1.1853−0.003%$1.4M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0294% / S −0.2341%1h1.1892+0.326%$3K100xas long as short
Extended ZRO-USD+0.0408%1h1.1839−0.120%$810K$646K10xas long as short
Kraken Futures PF_ZROUSD+0.0551%1h1.1903+0.420%$271K$309K25xas long as short
Backpack ZRO_USDC_PERP+0.0555%1h1.1888+0.295%$96K$220K20xas long as short
Injective ZRO/USDC PERP+0.1160%1h1.1960+0.902%$13K$258K12xas long as short