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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.036%
Price spread now: Aevo against Lighter+0.067%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.067% dearer against Lighter than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZRO1.18170.0096pay 0.0012% / 1h26m 26s$4.4M$1.5M5x
ShortAevo ZRO-PERP1.18250.0104get 0.0013% / 1h26m 26s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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
$1.68
Price spread: +0.067% → 0.000%
$6.69
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$7.63
Costs to cover
0.160%
Break-even
38.8 days
Slippage unknown: Lighter: live order book, 6 min ago; 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 Lighter live order book, 6 min ago4.77 bp19.2 bp −$1986.1 bp −$861doesn't fitdoesn't fit
Sell Aevo no order-book sample
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
01 Exchange ZROUSD−0.0080%1h1.1820+0.027%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0012%4h1.1830+0.109%$21K$6K10xas long as short
BloFin ZRO-USDT+0.0060%4h1.1801−0.136%$1.1M$254K75xas long as short
Lighter ZROlong+0.0096%1h1.1817long leg$4.4M$1.5M5x
Hyperliquid ZRO+0.0100%1h1.1837+0.164%$37.5M$5.8M5xas long as short
Aster ZROUSDT+0.0100%4h1.1827+0.082%$158K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1821+0.033%$137K$170K5xas long as short
Binance ZROUSDT+0.0100%4h1.1827+0.083%$22.2M$30.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1825+0.067%$18.1M$14.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1838+0.177%$3.2M$8.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1820+0.025%$1.4M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1826+0.075%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1817−0.001%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1822+0.041%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1827+0.084%$14.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1824+0.055%$2.3M$854Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1770−0.399%$37K$688K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1834+0.143%$92K$828K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1825+0.067%$21K3x
dYdX ZRO-USD+0.0245%1h1.1811−0.054%$21K$3K5xas long as short
Nado ZRO-PERP+0.0289%1h1.1823+0.050%$1.3M$129K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1830+0.107%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0301%1h1.1820+0.022%$253K$410K25xas long as short
Backpack ZRO_USDC_PERP+0.0355%1h1.1811−0.052%$100K$204K20xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1840+0.194%$12K$260K12xas long as short
Extended ZRO-USD+0.1360%1h1.1829+0.097%$784K$589K10xas long as short