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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.144%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2052.047% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.144%, 7d avg −0.092%
Together, before fees+0.016%+ Points / potential airdropAster: Stage 5 · farm board+$2 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: Bybit is 0.051% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.17020.0100pay 0.0050% / 4h2h 17m$158K$151K10x
ShortBybit ZROUSDT1.16850.0100get 0.0050% / 4h2h 17m$17.9M$13.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.144% → −0.092%
−$5.14
Slippage, 4 orders
−$185.74
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$209.89
Costs to cover
2.047%
Break-even
never at this rate
Slippage from Aster: live order book, 29 min ago; Bybit: live order book, 1 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, 29 min ago4.73 bp141.6 bp −$142doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.86 bp15.3 bp −$1554.1 bp −$541doesn't fitdoesn't fit

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-USD+0.0009%1h1.1698−0.032%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0069%4h1.1688−0.118%$20K$4K10xas long as short
BloFin ZRO-USDT+0.0090%4h1.1678−0.203%$1.0M$250K75xas long as short
Lighter ZRO+0.0096%1h1.1709+0.064%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1685−0.144%$37.1M$5.5M5xas long as short
Aster ZROUSDTlong+0.0100%4h1.1702long leg$158K$151K10x
Pacifica ZRO+0.0100%1h1.1691−0.092%$137K$175K5xas long as short
Binance ZROUSDT+0.0100%4h1.1685−0.148%$21.8M$29.4M75xas long as short
Bybit ZROUSDTshort+0.0100%4h1.1685−0.144%$17.9M$13.6M50x
OKX ZRO-USDT-SWAP+0.0100%4h1.1668−0.289%$3.2M$7.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1680−0.186%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1674−0.238%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1680−0.186%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1668−0.289%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1675−0.229%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1679−0.195%$94K$220K20xas long as short
Variational Omni ZRO+0.0100%4h1.1633−0.584%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1690−0.101%$39K$675K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1688−0.118%$102K$815K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1680−0.186%$21K3xas long as short
01 Exchange ZROUSD+0.0120%1h1.1700−0.018%$4K$5K5xas long as short
Nado ZRO-PERP+0.0169%1h1.1683−0.162%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1682−0.171%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0703%1h1.1693−0.072%$253K$335K25xas long as short
Extended ZRO-USD+0.0968%1h1.1685−0.147%$799K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1740+0.326%$12K$261K12xas long as short