data as of
Settings8H · net · $10k
Funding arb /

ZRO

all ZRO markets
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Funding spread now, next payment 16:00 UTC+0.0004%/8h
next payment, per $10,000+$0.01paid, last 24h−0.103%paid, last 7 days−0.523%to open and close $10k−$27
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ZRO1.19540.0096pay 0.0012% / 1h5m 37s$4.8M$1.3M5x
ShortBackpack ZRO_USDC_PERP1.19440.0100get 0.0013% / 1h5m 37s$92K$195K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0.84
Slippage, 4 orders
−$16.74
Fee Lighter: 0 bp × 2 orders
$0
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$25.9
Break-even
222.8 days
Slippage from Lighter: live order book, 4 min ago; Backpack: live order book, 44 min ago.

Price risk

price view
Price gap now
−0.086%
Avg gap 7d
−0.164%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 4 min ago3.82 bp8.9 bp −$986.5 bp −$865doesn't fitdoesn't fit
Sell Backpack live order book, 44 min ago0.41 bp7.0 bp −$7doesn't fitdoesn't fitdoesn't fit

ZRO on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ZROUSD−0.0490%1h$265K$575K25xas long as short
Orderly PERP_ZRO_USDC−0.0072%4h$21K$7K10xas long as short
01 Exchange ZROUSD−0.0064%1h$7K$3K5xas long as short
dYdX ZRO-USD+0.0004%1h$21K$1K5xas long as short
OKX ZRO-USDT-SWAP+0.0086%4h$3.3M$8.2M20xas long as short
Lighter ZROlong+0.0096%1h$4.8M$1.3M5x
BloFin ZRO-USDT+0.0096%4h$1.1M$283K75xas long as short
Aster ZROUSDT+0.0100%4h$135K$107K10xas long as short
Pacifica ZRO+0.0100%1h$144K$221K5xas long as short
Binance ZROUSDT+0.0100%4h$22.9M$34.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h$18.4M$17.8M50xas long as short
Gate ZRO_USDT+0.0100%4h$1.4M$2.2M75xas long as short
MEXC ZRO_USDT+0.0100%4h$17.9M$3.9M125xas long as short
KuCoin ZROUSDTM+0.0100%4h$2.4M$1.3M50xas long as short
Bitget ZROUSDT+0.0100%4h$2.7M$3.0M75xas long as short
BingX ZRO-USDT+0.0100%4h$9.0Mas long as short
Backpack ZRO_USDC_PERPshort+0.0100%1h$92K$195K20x
Variational Omni ZRO+0.0100%4h$2.4M$823Kas long as short
ApeX Omni ZROUSDT+0.0100%1h$37K$679K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h$83K$830K5xas long as short
Extended ZRO-USD+0.0104%1h$795K$473K10xas long as short
Aevo ZRO-PERP+0.0104%1h$21K3xas long as short
Nado ZRO-PERP+0.0286%1h$1.3M$120K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0382% / S −0.4219%1h$6K100xas long as short
Hyperliquid ZRO+0.0384%1h$39.3M$7.5M5xas long as short
Injective ZRO/USDC PERP+0.1142%1h$13K$173K12xas long as short