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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.159%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1191.194% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 7 days−0.188%−$19 · spread now +0.159%, 7d avg −0.009%
Together, before fees−0.209%−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.168% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZROUSDTM1.17280.0100pay 0.0050% / 4h13m 58s$2.4M$2.0M50x
ShortBinance ZROUSDT1.17470.0100get 0.0050% / 4h13m 58s$22.0M$29.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$0
Price spread: +0.159% → −0.009%
$16.8
Slippage, 4 orders
−$97.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$102.64
Costs to cover
1.194%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago7.25 bp51.7 bp −$52169.1 bp −$1,691doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.70 bp12.9 bp −$1346.0 bp −$460247.0 bp −$24.7Kdoesn't fit

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+0.0026%1h1.1737+0.078%$21K$4K5xas long as short
Orderly PERP_ZRO_USDC+0.0039%4h1.1734+0.051%$21K$5K10xas long as short
BloFin ZRO-USDT+0.0071%4h1.1727−0.009%$1.1M$249K75xas long as short
Lighter ZRO+0.0096%1h1.1764+0.307%$4.4M$1.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1747+0.162%$158K$151K10xas long as short
Pacifica ZRO+0.0100%1h1.1732+0.036%$136K$179K5xas long as short
Binance ZROUSDTshort+0.0100%4h1.1747+0.159%$22.0M$29.9M75x
Bybit ZROUSDT+0.0100%4h1.1727−0.009%$18.0M$13.9M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1737+0.077%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1740+0.102%$1.3M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1748+0.171%$19.3M$2.7M125xas long as short
KuCoin ZROUSDTMlong+0.0100%4h1.1728long leg$2.4M$2.0M50x
Bitget ZROUSDT+0.0100%4h1.1741+0.111%$2.7M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1742+0.119%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1742+0.119%$98K$218K20xas long as short
Variational Omni ZRO+0.0100%4h1.1715−0.111%$2.3M$810Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1730+0.017%$39K$671K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1741+0.111%$100K$851K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1738+0.085%$21K3xas long as short
01 Exchange ZROUSD+0.0112%1h1.1742+0.119%$7K$3K5xas long as short
Nado ZRO-PERP+0.0191%1h1.1735+0.062%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1733+0.039%$3K100xas long as short
Hyperliquid ZRO+0.0300%1h1.1754+0.222%$37.2M$5.5M5xas long as short
Kraken Futures PF_ZROUSD+0.0379%1h1.1745+0.143%$258K$398K25xas long as short
Extended ZRO-USD+0.1176%1h1.1739+0.090%$784K$589K10xas long as short
Injective ZRO/USDC PERP+0.1186%1h1.1790+0.529%$12K$260K12xas long as short