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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.076%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1851.852% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −0.076%, 7d avg +0.007%
Together, before fees+0.077%+$8 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: KuCoin is 0.083% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.17920.0100pay 0.0050% / 4h2h 54m$9.4M$2.7M125x
ShortKuCoin ZROUSDTM1.17830.0100get 0.0050% / 4h2h 54m$2.4M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: −0.076% → +0.007%
−$8.31
Slippage, 4 orders
−$173.2
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$193.51
Costs to cover
1.852%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 2 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 MEXC live order book, 4 min ago0.42 bp5.5 bp −$629.5 bp −$29573.9 bp −$7,385290.9 bp −$145.4K
Sell KuCoin live order book, 2 min ago9.65 bp98.6 bp −$99181.0 bp −$1,810doesn't fitdoesn'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
01 Exchange ZROUSD−0.0808%1h1.1757−0.296%$4K$5K5xas long as short
Kraken Futures PF_ZROUSD−0.0315%1h1.1840+0.403%$269K$289K25xas long as short
Bybit ZROUSDT−0.0145%4h1.1785−0.059%$18.1M$12.6M50xas long as short
dYdX ZRO-USD0.0000%1h1.1793+0.005%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0036%4h1.17920.000%$21K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1800+0.070%$4.4M$1.1M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1801+0.076%$37.3M$5.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1800+0.066%$159K$148K10xas long as short
Pacifica ZRO+0.0100%1h1.1782−0.082%$137K$161K5xas long as short
Binance ZROUSDT+0.0100%4h1.1789−0.025%$22.1M$28.6M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1791−0.008%$3.2M$7.7M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1770−0.187%$1.3M$1.2M75xas long as short
MEXC ZRO_USDTlong+0.0100%4h1.1792long leg$9.4M$2.7M125x
KuCoin ZROUSDTMshort+0.0100%4h1.1783−0.076%$2.4M$2.2M50x
Bitget ZROUSDT+0.0100%4h1.1781−0.093%$2.7M$2.3M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1789−0.025%$21.6Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1814+0.187%$95K$218K20xas long as short
Variational Omni ZRO+0.0100%4h1.1901+0.926%$2.3M$738Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1950+1.340%$40K$671K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1789−0.025%$101K$791K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1840+0.407%$21K3xas long as short
BloFin ZRO-USDT+0.0125%4h1.1844+0.441%$1.1M$150K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0294% / S −0.2341%1h1.1848+0.474%$3K100xas long as short
Extended ZRO-USD+0.0312%1h1.1770−0.186%$804K$648K10xas long as short
Nado ZRO-PERP+0.0319%1h1.1793+0.007%$1.3M$121K5xas long as short
Injective ZRO/USDC PERP+0.1068%1h1.2040+2.103%$13K$257K12xas long as short