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−0.0712%/8h= −78.0% APRnext payment $0.89 per $10,000 · paid last 24h −0.224%
Price spread now: 01 Exchange against Extended+0.104%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.104% dearer against Extended than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 12 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZRO-USD1.17350.0848pay 0.0106% / 1h2m 45s$803K$625K10x
Short01 Exchange ZROUSD1.17470.0136get 0.0017% / 1h2m 45s$4K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Extended. 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
−$149.52
Price spread: +0.104% → 0.000%
$10.38
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$151.14
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 45 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 Extended live order book, 45 min ago12.40 bp853.7 bp −$854doesn't fitdoesn't fitdoesn'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-USD+0.0007%1h1.1748+0.114%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0071%4h1.1738+0.030%$21K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1756+0.183%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1748+0.115%$37.3M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1746+0.098%$159K$151K10xas long as short
Pacifica ZRO+0.0100%1h1.1746+0.095%$138K$174K5xas long as short
Binance ZROUSDT+0.0100%4h1.1733−0.012%$21.9M$29.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1728−0.056%$18.0M$13.6M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1742+0.064%$3.2M$7.8M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1730−0.039%$1.3M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1736+0.013%$19.3M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1738+0.030%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1733−0.013%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1742+0.064%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1744+0.081%$97K$221K20xas long as short
Variational Omni ZRO+0.0100%4h1.1743+0.072%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1750+0.132%$39K$673K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1745+0.089%$99K$821K5xas long as short
BloFin ZRO-USDT+0.0104%4h1.1729−0.047%$1.0M$254K75xas long as short
Aevo ZRO-PERP+0.0104%1h1.1732−0.018%$21K3xas long as short
01 Exchange ZROUSDshort+0.0136%1h1.1747+0.104%$4K$5K5x
Nado ZRO-PERP+0.0149%1h1.1747+0.104%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1737+0.018%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0701%1h1.1742+0.061%$254K$333K25xas long as short
Extended ZRO-USDlong+0.0848%1h1.1735long leg$803K$625K10x
Injective ZRO/USDC PERP+0.1343%1h1.1790+0.473%$12K$261K12xas long as short