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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Aevo−0.001%7-day average · you buy dearer than you sell
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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZRO-PERP1.19130.0104pay 0.0013% / 1h38m 18s$21K3x
ShortBingX ZRO-USDT1.19130.0100get 0.0050% / 4h3h 38m$21.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aevo. 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
−$0.84
Price spread: −0.001% → 0.000%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee BingX: 5 bp × 2 orders
−$10
Net
−$26.91
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; BingX: live order book, 15 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 Aevo no order-book sample
Sell BingX live order book, 15 min ago2.50 bp7.5 bp −$812.5 bp −$12533.4 bp −$3,338102.5 bp −$51.3K
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−0.0280%1h1.1911−0.021%$4K$5K5xas long as short
dYdX ZRO-USD0.0000%1h1.1917+0.033%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0073%4h1.1916+0.025%$21K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1922+0.072%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1926+0.108%$37.8M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1926+0.108%$161K$151K10xas long as short
Pacifica ZRO+0.0100%1h1.1909−0.035%$137K$170K5xas long as short
Binance ZROUSDT+0.0100%4h1.1913−0.001%$22.4M$29.6M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1907−0.051%$18.3M$13.4M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1911−0.017%$3.2M$8.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1900−0.110%$1.4M$1.3M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1918+0.041%$20.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1923+0.083%$2.5M$2.2M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1910−0.026%$2.7M$2.6M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1913−0.001%$21.7M
Variational Omni ZRO+0.0100%4h1.1939+0.214%$2.3M$765Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1950+0.310%$40K$668K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1947+0.285%$101K$805K5xas long as short
Aevo ZRO-PERPlong+0.0104%1h1.1913long leg$21K3x
BloFin ZRO-USDT+0.0152%4h1.1910−0.026%$1.1M$201K75xas long as short
Nado ZRO-PERP+0.0172%1h1.1909−0.037%$1.4M$130K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0294% / S −0.2341%1h1.1917+0.037%$3K100xas long as short
Extended ZRO-USD+0.0416%1h1.1912−0.009%$815K$647K10xas long as short
Kraken Futures PF_ZROUSD+0.0550%1h1.1927+0.119%$271K$318K25xas long as short
Backpack ZRO_USDC_PERP+0.0662%1h1.1918+0.041%$96K$222K20xas long as short
Injective ZRO/USDC PERP+0.1160%1h1.1990+0.646%$13K$258K12xas long as short