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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1167%/8h= +127.8% APRnext payment +$1.46 per $10,000 · paid last 24h +0.193%
Price spread now: Injective against Aevo+0.517%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Injective is 0.517% dearer against Aevo than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZRO-PERP1.16100.0104pay 0.0013% / 1h21m 13s$21K3x
ShortInjective ZRO/USDC PERP1.16700.1271get 0.0159% / 1h21m 13s$12K$261K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$245.02
Price spread: +0.517% → 0.000%
$51.68
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$280.68
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: no order-book sample; Injective: live order book, 18 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 Injective live order book, 18 min ago34.28 bp41.4 bp −$41doesn't fitdoesn't fitdoesn't fit
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
dYdX ZRO-USD0.0000%1h1.1631+0.178%$21K$5K5xas long as short
01 Exchange ZROUSD0.0000%1h1.1626+0.141%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0085%4h1.1615+0.043%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1638+0.241%$4.3M$1.2M5xas long as short
Nado ZRO-PERP+0.0100%1h1.1623+0.116%$1.3M$126K5xas long as short
Hyperliquid ZRO+0.0100%1h1.1629+0.164%$36.8M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1625+0.130%$157K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1624+0.124%$137K$171K5xas long as short
Binance ZROUSDT+0.0100%4h1.1615+0.043%$21.7M$28.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1615+0.043%$17.7M$13.1M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1614+0.034%$3.2M$7.6M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1620+0.086%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1615+0.043%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1622+0.103%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1605−0.043%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1614+0.034%$21.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1622+0.103%$94K$214K20xas long as short
Variational Omni ZRO+0.0100%4h1.1601−0.079%$2.3M$773Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1630+0.172%$39K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1623+0.112%$98K$813K5xas long as short
Aevo ZRO-PERPlong+0.0104%1h1.1610long leg$21K3x
BloFin ZRO-USDT+0.0122%4h1.1622+0.103%$1.0M$198K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1616+0.049%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0433%1h1.1629+0.167%$253K$296K25xas long as short
Extended ZRO-USD+0.0480%1h1.1611+0.011%$793K$647K10xas long as short
Injective ZRO/USDC PERPshort+0.1271%1h1.1670+0.517%$12K$261K12x