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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Aster−0.121%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$930.932% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.228%−$23 · spread now −0.121%, 7d avg −0.064%
Together, before fees−0.228%+ Points / potential airdropAster: Stage 5 · farm board−$23 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 0.058% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.17890.0100pay 0.0050% / 4h3h 20m$158K$165K10x
ShortBingX ZRO-USDT1.17750.0100get 0.0050% / 4h3h 20m$10.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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: −0.121% → −0.064%
−$5.75
Slippage, 4 orders
−$75.19
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$98.94
Costs to cover
0.932%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; BingX: live order book, 7 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 Aster live order book, 5 min ago3.81 bp48.0 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago1.70 bp7.5 bp −$810.6 bp −$10619.9 bp −$1,99544.9 bp −$22.5K

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
OKX ZRO-USDT-SWAP−0.0131%4h1.1777−0.104%$3.2M$9.3M20xas long as short
Kraken Futures PF_ZROUSD−0.0084%1h1.1799+0.080%$247K$572K25xas long as short
Orderly PERP_ZRO_USDC−0.0032%4h1.1793+0.032%$21K$7K10xas long as short
Gate ZRO_USDT+0.0026%4h1.1770−0.164%$1.3M$2.1M75xas long as short
dYdX ZRO-USD+0.0049%1h1.1782−0.066%$21K$2K5xas long as short
Hyperliquid ZRO+0.0100%1h1.1800+0.091%$37.5M$7.6M5xas long as short
Aster ZROUSDTlong+0.0100%4h1.1789long leg$158K$165K10x
Pacifica ZRO+0.0100%1h1.1780−0.077%$143K$209K5xas long as short
Binance ZROUSDT+0.0100%4h1.1780−0.079%$22.3M$35.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1773−0.138%$18.1M$16.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1781−0.070%$18.3M$3.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1785−0.036%$2.5M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1781−0.070%$2.7M$2.6M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1775−0.121%$10.9M
Backpack ZRO_USDC_PERP+0.0100%1h1.1789−0.002%$92K$211K20xas long as short
Variational Omni ZRO+0.0100%4h1.1815+0.215%$2.3M$894Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1770−0.164%$37K$682K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1790+0.006%$83K$1.0M5xas long as short
BloFin ZRO-USDT+0.0102%4h1.1781−0.070%$1.1M$266K75xas long as short
Extended ZRO-USD+0.0104%1h1.1770−0.166%$780K$547K10xas long as short
Aevo ZRO-PERP+0.0104%1h1.1790+0.006%$21K3xas long as short
01 Exchange ZROUSD+0.0128%1h1.1783−0.055%$7K$3K5xas long as short
Nado ZRO-PERP+0.0216%1h1.1775−0.123%$1.3M$134K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1794+0.042%$3K100xas long as short
Lighter ZRO+0.0768%1h1.1810+0.178%$4.7M$1.1M5xas long as short
Injective ZRO/USDC PERP+0.1022%1h1.1830+0.345%$12K$121K12xas long as short