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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against BingX+0.017%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$580.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 7 days+0.020%+$2 · spread now +0.017%, 7d avg +0.014%
Together, before fees−0.054%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZRO-USDT1.17900.0100pay 0.0050% / 4h3h 30m$21.7M
ShortOKX ZRO-USDT-SWAP1.17920.0100get 0.0050% / 4h3h 30m$3.2M$7.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.017% → +0.014%
$0.3
Slippage, 4 orders
−$37.95
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$57.65
Costs to cover
0.580%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; OKX: live order book, 2 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 ago2.52 bp8.2 bp −$815.5 bp −$15534.0 bp −$3,39999.4 bp −$49.7K
Sell OKX live order book, 2 min ago2.53 bp22.1 bp −$22107.1 bp −$1,071doesn'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−0.0304%1h1.1781−0.080%$4K$5K5xas long as short
dYdX ZRO-USD0.0000%1h1.1822+0.276%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0069%4h1.1793+0.025%$21K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1807+0.141%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1806+0.136%$37.4M$5.3M5xas long as short
Aster ZROUSDT+0.0100%4h1.1799+0.080%$159K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1796+0.051%$136K$170K5xas long as short
Binance ZROUSDT+0.0100%4h1.1792+0.018%$22.2M$29.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1792+0.017%$18.1M$13.2M50xas long as short
OKX ZRO-USDT-SWAPshort+0.0100%4h1.1792+0.017%$3.2M$7.8M20x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1780−0.085%$1.3M$1.3M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1798+0.068%$19.9M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1792+0.017%$2.4M$2.2M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1784−0.051%$2.7M$2.5M75xas long as short
BingX ZRO-USDTlong+0.0100%4h1.1790long leg$21.7M
Variational Omni ZRO+0.0100%4h1.1796+0.051%$2.3M$758Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1840+0.424%$40K$667K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1808+0.153%$100K$799K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1798+0.069%$21K3xas long as short
BloFin ZRO-USDT+0.0145%4h1.1802+0.102%$1.1M$200K75xas long as short
Nado ZRO-PERP+0.0168%1h1.1802+0.101%$1.3M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0294% / S −0.2341%1h1.1800+0.088%$3K100xas long as short
Extended ZRO-USD+0.0416%1h1.1790+0.003%$806K$646K10xas long as short
Backpack ZRO_USDC_PERP+0.0511%1h1.1803+0.110%$95K$220K20xas long as short
Kraken Futures PF_ZROUSD+0.0555%1h1.1801+0.092%$268K$307K25xas long as short
Injective ZRO/USDC PERP+0.1160%1h1.1960+1.442%$13K$258K12xas long as short