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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0684%/8h= −74.9% APRnext payment $0.85 per $10,000 · paid last 24h −0.058%
Price spread now: 01 Exchange against ApeX Omni−0.151%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 3 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 against this trade now: funding costs −$21 a day on $10k at the current rate, and 01 Exchange is 0.151% cheaper against ApeX Omni than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZROUSDT1.18100.0100pay 0.0013% / 1h46m 59s$37K$681K50x
Short01 Exchange ZROUSD1.1792−0.0584pay 0.0073% / 1h46m 59s$7K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$143.64
Price spread: −0.151% → 0.000%
−$15.07
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$175.71
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 36 min ago; 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 ApeX Omni live order book, 36 min ago8.44 bp24.4 bp −$24121.8 bp −$1,218doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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−0.0584%1h1.1792−0.151%$7K$3K5x
Orderly PERP_ZRO_USDC−0.0061%4h1.1797−0.110%$21K$7K10xas long as short
Lighter ZRO+0.0016%1h1.1790−0.165%$4.4M$1.5M5xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1804−0.054%$250K$562K25xas long as short
dYdX ZRO-USD+0.0083%1h1.1818+0.066%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0099%4h1.1812+0.017%$1.1M$263K75xas long as short
Hyperliquid ZRO+0.0100%1h1.1807−0.025%$37.5M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1805−0.040%$158K$154K10xas long as short
Pacifica ZRO+0.0100%1h1.1813+0.029%$138K$184K5xas long as short
Binance ZROUSDT+0.0100%4h1.1789−0.178%$22.2M$32.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h1.1781−0.246%$18.0M$15.0M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1795−0.127%$3.2M$8.5M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1800−0.085%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1794−0.135%$19.1M$3.1M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1811+0.008%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1791−0.161%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1791−0.161%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1798−0.102%$94K$205K20xas long as short
Variational Omni ZRO+0.0100%4h1.1782−0.237%$2.3M$859Kas long as short
ApeX Omni ZROUSDTlong+0.0100%1h1.1810long leg$37K$681K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1820+0.085%$88K$906K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1797−0.113%$21K3xas long as short
Nado ZRO-PERP+0.0154%1h1.1811+0.009%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0295% / S −0.2416%1h1.1804−0.049%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1860+0.423%$12K$218K12xas long as short
Extended ZRO-USD+0.2304%1h1.1792−0.148%$784K$541K10xas long as short