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

ZRO

all ZRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: BingX against ApeX Omni−0.422%53s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.422%, 7d avg −0.046%
Together, before fees+0.150%+$15 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: BingX is 0.377% cheaper against ApeX Omni than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of −0.046%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZROUSDT1.18400.0100pay 0.0013% / 1h30m 39s$40K$667K50x
ShortBingX ZRO-USDT1.17900.0100get 0.0050% / 4h3h 30m$21.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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: −0.422% → −0.046%
−$37.65
Slippage, 4 orders
−$31.13
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$88.78
Costs to cover
0.511%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 3 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 3 min ago8.44 bp17.0 bp −$17118.3 bp −$1,183doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago2.52 bp8.8 bp −$912.5 bp −$12527.7 bp −$2,77251.9 bp −$25.9K

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−0.0304%1h1.1781−0.502%$4K$5K5xas long as short
dYdX ZRO-USD0.0000%1h1.1822−0.148%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0069%4h1.1793−0.397%$21K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1807−0.282%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1806−0.287%$37.4M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1799−0.343%$159K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1796−0.371%$136K$170K5xas long as short
Binance ZROUSDT+0.0100%4h1.1792−0.404%$22.2M$29.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1792−0.405%$18.1M$13.2M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1792−0.405%$3.2M$7.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1780−0.507%$1.3M$1.3M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1798−0.355%$19.9M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1792−0.405%$2.4M$2.2M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1784−0.473%$2.7M$2.5M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1790−0.422%$21.7M
Variational Omni ZRO+0.0100%4h1.1796−0.371%$2.3M$758Kas long as short
ApeX Omni ZROUSDTlong+0.0100%1h1.1840long leg$40K$667K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1808−0.270%$100K$799K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1798−0.353%$21K3xas long as short
BloFin ZRO-USDT+0.0145%4h1.1802−0.321%$1.1M$200K75xas long as short
Nado ZRO-PERP+0.0168%1h1.1802−0.322%$1.3M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0294% / S −0.2341%1h1.1800−0.335%$3K100xas long as short
Extended ZRO-USD+0.0416%1h1.1790−0.420%$806K$646K10xas long as short
Backpack ZRO_USDC_PERP+0.0511%1h1.1803−0.313%$95K$220K20xas long as short
Kraken Futures PF_ZROUSD+0.0555%1h1.1801−0.331%$268K$307K25xas long as short
Injective ZRO/USDC PERP+0.1160%1h1.1960+1.014%$13K$258K12xas long as short