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 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against BingX+0.204%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1781.779% 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)−0.092%−$9 · spread now +0.204%, 7d avg +0.067%
Together, before fees−0.092%+ Points / potential airdropAster: Stage 5 · farm board−$9 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: Aster is 0.137% dearer against BingX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZRO-USDT1.17440.0100pay 0.0050% / 4h2h 25m$16.5M
ShortAster ZROUSDT1.17680.0100get 0.0050% / 4h2h 25m$159K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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: +0.204% → +0.067%
$13.68
Slippage, 4 orders
−$159.88
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$164.2
Costs to cover
1.779%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Aster: live order book, 40 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 BingX live order book, 8 min ago2.99 bp8.1 bp −$811.8 bp −$11823.0 bp −$2,29551.7 bp −$25.8K
Sell Aster live order book, 40 min ago4.65 bp29.3 bp −$29doesn't fitdoesn't fitdoesn't fit

ZRO on 25 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−0.0240%1h1.1751+0.060%$7K$3K5xas long as short
dYdX ZRO-USD0.0000%1h1.1767+0.197%$21K$3K5xas long as short
Gate ZRO_USDT+0.0018%4h1.1740−0.034%$1.3M$1.5M75xas long as short
Orderly PERP_ZRO_USDC+0.0028%4h1.1750+0.051%$21K$5K10xas long as short
Bybit ZROUSDT+0.0046%4h1.1727−0.145%$18.0M$14.0M50xas long as short
Lighter ZRO+0.0096%1h1.1770+0.221%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1755+0.094%$37.2M$5.5M5xas long as short
Aster ZROUSDTshort+0.0100%4h1.1768+0.204%$159K$150K10x
Pacifica ZRO+0.0100%1h1.1746+0.017%$136K$167K5xas long as short
Binance ZROUSDT+0.0100%4h1.1739−0.042%$22.0M$29.8M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1739−0.043%$3.2M$8.0M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1749+0.043%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1755+0.094%$2.3M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1739−0.043%$2.7M$2.5M75xas long as short
BingX ZRO-USDTlong+0.0100%4h1.1744long leg$16.5M
Backpack ZRO_USDC_PERP+0.0100%1h1.1759+0.128%$96K$211K20xas long as short
Variational Omni ZRO+0.0100%4h1.1736−0.072%$2.3M$817Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1740−0.034%$39K$682K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1757+0.111%$92K$841K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1740−0.034%$21K3xas long as short
Nado ZRO-PERP+0.0198%1h1.1750+0.047%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1758+0.121%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0370%1h1.1761+0.145%$252K$405K25xas long as short
Extended ZRO-USD+0.0840%1h1.1745+0.004%$788K$592K10xas long as short
Injective ZRO/USDC PERP+0.1213%1h1.1780+0.307%$12K$260K12xas long as short