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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Pacifica+0.088%51s7-day average +0.021% · 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+0.034%+$3 on $10k
Price spread, last 4 days (all we have)+0.158%+$16 · spread now +0.088%, 7d avg +0.021%
Together, before fees+0.193%+ Points / potential airdropPacifica: Active · farm board+$19 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: ApeX Omni is 0.067% dearer against Pacifica than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZRO1.17500.0100pay 0.0013% / 1h24m 39s$137K$178K5x
ShortApeX Omni ZROUSDT1.17600.0100get 0.0013% / 1h24m 39s$39K$676K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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: +0.088% → +0.021%
$6.69
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$11.31
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 28 min ago; ApeX Omni: live order book, 29 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 Pacifica live order book, 28 min ago3.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 29 min ago8.46 bp17.5 bp −$17117.4 bp −$1,174doesn'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
Orderly PERP_ZRO_USDC+0.0049%4h1.1758+0.071%$21K$5K10xas long as short
Aster ZROUSDT+0.0100%4h1.1757+0.062%$159K$150K10xas long as short
Pacifica ZROlong+0.0100%1h1.1750long leg$137K$178K5x
Binance ZROUSDT+0.0100%4h1.1747−0.023%$22.1M$29.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1741−0.074%$17.9M$13.8M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1751+0.011%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1740−0.082%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1743−0.057%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1757+0.062%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1748−0.014%$2.7M$2.6M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZRO-USDT+0.0100%4h1.1747−0.023%$16.4Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1749−0.006%$98K$222K20xas long as short
Variational Omni ZRO+0.0100%4h1.1739−0.088%$2.3M$809Kas long as short
ApeX Omni ZROUSDTshort+0.0100%1h1.1760+0.088%$39K$676K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1761+0.096%$100K$850K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1747−0.026%$21K3xas long as short
dYdX ZRO-USD+0.0114%1h1.1754+0.036%$21K$4K5xas long as short
Lighter ZRO+0.0136%1h1.1774+0.210%$4.4M$1.2M5xas long as short
BloFin ZRO-USDT+0.0145%4h1.1752+0.020%$1.1M$250K75xas long as short
Nado ZRO-PERP+0.0226%1h1.1756+0.056%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1752+0.016%$3K100xas long as short
01 Exchange ZROUSD+0.0352%1h1.1769+0.167%$7K$3K5xas long as short
Kraken Futures PF_ZROUSD+0.0461%1h1.1763+0.112%$257K$384K25xas long as short
Hyperliquid ZRO+0.0583%1h1.1769+0.169%$37.4M$5.5M5xas long as short
Extended ZRO-USD+0.1136%1h1.1748−0.012%$804K$625K10xas long as short
Injective ZRO/USDC PERP+0.1363%1h1.1800+0.428%$12K$261K12xas long as short