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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.030%
Price spread now: Pacifica against OKX0.000%7-day average +0.029% · 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 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now 0.000%, 7d avg +0.029%
Together, before fees+0.056%+ Points / potential airdropPacifica: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.029% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.029%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.039% in total) that is about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZRO-USDT-SWAP1.18320.0010pay 0.0005% / 4h1h 55m$3.2M$7.5M20x
ShortPacifica ZRO1.18320.0100get 0.0013% / 1h55m 11s$137K$143K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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
$18.8
Price spread: 0.000% → +0.029%
−$2.9
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$2.1
Costs to cover
0.180%
Break-even
7.8 days
Slippage unknown: OKX: live order book, 6 min ago; Pacifica: live order book, 55 min ago. 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 OKX live order book, 6 min ago1.27 bp15.0 bp −$1587.2 bp −$872doesn't fitdoesn't fit
Sell Pacifica live order book, 55 min ago6.79 bp12.5 bp −$13doesn't fitdoesn't fitdoesn't fit

ZRO on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZRO/USDC PERP−0.0774%1h1.1760−0.609%$12K$257K12xas long as short
Kraken Futures PF_ZROUSD−0.0529%1h1.1838+0.051%$269K$211K25xas long as short
01 Exchange ZROUSD−0.0040%1h1.1835+0.027%$4K$5K5xas long as short
Bybit ZROUSDT−0.0036%4h1.1823−0.076%$18.1M$11.7M50xas long as short
Orderly PERP_ZRO_USDC−0.0020%4h1.1836+0.034%$20K$2K10xas long as short
dYdX ZRO-USD0.0000%1h1.1837+0.040%$21K$5K5xas long as short
OKX ZRO-USDT-SWAPlong+0.0010%4h1.1832long leg$3.2M$7.5M20x
Lighter ZRO+0.0096%1h1.1854+0.188%$4.4M$1.1M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1848+0.135%$37.5M$5.0M5xas long as short
Aster ZROUSDT+0.0100%4h1.1844+0.099%$160K$124K10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ZROshort+0.0100%1h1.18320.000%$137K$143K5x
Binance ZROUSDT+0.0100%4h1.1833+0.008%$22.1M$26.7M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1830−0.017%$1.4M$1.1M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1834+0.017%$9.5M$2.4M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1840+0.068%$2.3M$2.3M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1841+0.076%$2.8M$2.3M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1833+0.008%$25.2Mas long as short
Variational Omni ZRO+0.0100%4h1.1817−0.127%$2.3M$733Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1820−0.101%$40K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1836+0.034%$101K$728K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1835+0.025%$21K3xas long as short
BloFin ZRO-USDT+0.0142%4h1.18320.000%$1.0M$142K75xas long as short
Nado ZRO-PERP+0.0274%1h1.1839+0.063%$1.4M$121K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1840+0.069%$3K100xas long as short
Extended ZRO-USD+0.0336%1h1.1836+0.038%$807K$650K10xas long as short
Backpack ZRO_USDC_PERP+0.0781%1h1.1838+0.051%$94K$215K20xas long as short