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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Aster−0.008%7-day average −0.039% · 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 6 days (all we have)−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.008%, 7d avg −0.039%
Together, before fees−0.082%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board−$8 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: Pacifica is 0.031% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZROUSDT1.20000.0100pay 0.0050% / 4h3h 15m$162K$148K10x
ShortPacifica ZRO1.19990.0100get 0.0013% / 1h15m 04s$138K$163K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.008% → −0.039%
$3.07
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$12.93
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 16 min ago; Pacifica: live order book, 18 min ago. 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 Aster live order book, 16 min ago4.66 bp122.0 bp −$122doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 18 min ago5.07 bp11.3 bp −$11doesn't fitdoesn'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
01 Exchange ZROUSD−0.0232%1h1.1997−0.026%$4K$5K5xas long as short
dYdX ZRO-USD0.0000%1h1.2001+0.004%$22K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0064%4h1.1994−0.052%$21K$4K10xas long as short
BloFin ZRO-USDT+0.0065%4h1.1994−0.052%$1.1M$201K75xas long as short
Lighter ZRO+0.0096%1h1.2007+0.054%$4.5M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1998−0.018%$38.0M$5.2M5xas long as short
Aster ZROUSDTlong+0.0100%4h1.2000long leg$162K$148K10x
Pacifica ZROshort+0.0100%1h1.1999−0.008%$138K$163K5x
Binance ZROUSDT+0.0100%4h1.1993−0.060%$22.5M$28.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1984−0.135%$18.3M$12.7M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1986−0.118%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.2000−0.002%$1.4M$1.3M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1987−0.110%$9.6M$2.9M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1996−0.035%$2.5M$2.2M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1997−0.027%$2.8M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1987−0.110%$21.6Mas long as short
Variational Omni ZRO+0.0100%4h1.1984−0.133%$2.3M$741Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1990−0.085%$40K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.2007+0.057%$102K$793K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1985−0.127%$21K3xas long as short
Nado ZRO-PERP+0.0112%1h1.1989−0.097%$1.4M$120K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0295% / S −0.2341%1h1.1999−0.010%$3K100xas long as short
Extended ZRO-USD+0.0408%1h1.1983−0.141%$818K$646K10xas long as short
Kraken Futures PF_ZROUSD+0.0547%1h1.1992−0.072%$273K$294K25xas long as short
Backpack ZRO_USDC_PERP+0.0578%1h1.1996−0.035%$96K$219K20xas long as short
Injective ZRO/USDC PERP+0.1160%1h1.2040+0.332%$13K$258K12xas long as short