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−0.0384%/8h= −42.0% APRnext payment $0.48 per $10,000 · paid last 24h −0.061%
Price spread now: 01 Exchange against Aevo+0.212%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.212% dearer against Aevo than usual: you sell high and buy low (spread +0.212% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 44 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZRO-PERP1.18840.0104pay 0.0013% / 1h25m 01s$21K3x
Short01 Exchange ZROUSD1.1909−0.0280pay 0.0035% / 1h25m 01s$4K$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$80.64
Price spread: +0.212% → 0.000%
$21.21
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$82.43
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Aevo and 01 Exchange: 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 ZROUSDshort−0.0280%1h1.1909+0.212%$4K$5K5x
dYdX ZRO-USD0.0000%1h1.1890+0.055%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0068%4h1.1899+0.129%$21K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1913+0.246%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1913+0.247%$37.7M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1909+0.209%$160K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1896+0.104%$137K$166K5xas long as short
Binance ZROUSDT+0.0100%4h1.1902+0.156%$22.4M$29.1M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1901+0.146%$18.3M$12.9M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1905+0.179%$3.2M$7.9M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1890+0.053%$1.4M$1.3M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1898+0.120%$20.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1905+0.179%$2.4M$2.2M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1895+0.095%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1893+0.078%$21.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1846−0.320%$2.3M$760Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1860−0.199%$40K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1910+0.221%$101K$797K5xas long as short
Aevo ZRO-PERPlong+0.0104%1h1.1884long leg$21K3x
Nado ZRO-PERP+0.0136%1h1.1903+0.161%$1.4M$124K5xas long as short
BloFin ZRO-USDT+0.0150%4h1.1902+0.154%$1.1M$201K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0295% / S −0.2341%1h1.1899+0.132%$3K100xas long as short
Extended ZRO-USD+0.0448%1h1.1902+0.153%$810K$646K10xas long as short
Kraken Futures PF_ZROUSD+0.0551%1h1.1893+0.082%$270K$306K25xas long as short
Backpack ZRO_USDC_PERP+0.0573%1h1.1912+0.238%$96K$220K20xas long as short
Injective ZRO/USDC PERP+0.1160%1h1.1960+0.642%$13K$258K12xas long as short