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 00:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.067%
Price spread now: 01 Exchange against BingX−0.042%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and 01 Exchange is 0.042% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZRO-USDT1.17560.0100pay 0.0050% / 4h21m 15s$10.7M
Short01 Exchange ZROUSD1.1751−0.0168pay 0.0021% / 1h21m 15s$7K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$56.28
Price spread: −0.042% → 0.000%
−$4.17
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$77.45
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; 01 Exchange: no order-book sample. 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 BingX live order book, 2 min ago2.56 bp10.1 bp −$1013.5 bp −$13523.2 bp −$2,32347.5 bp −$23.7K
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 ZROUSDshort−0.0168%1h1.1751−0.042%$7K$3K5x
Orderly PERP_ZRO_USDC+0.0012%4h1.1754−0.017%$21K$7K10xas long as short
BloFin ZRO-USDT+0.0049%4h1.1753−0.026%$1.1M$256K75xas long as short
Lighter ZRO+0.0096%1h1.1761+0.043%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1764+0.068%$37.3M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1762+0.051%$157K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1754−0.014%$136K$177K5xas long as short
Binance ZROUSDT+0.0100%4h1.1754−0.017%$22.1M$31.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1754−0.017%$17.9M$14.6M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1754−0.017%$3.2M$8.3M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1740−0.136%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1758+0.017%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1746−0.085%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1748−0.068%$2.7M$2.4M75xas long as short
BingX ZRO-USDTlong+0.0100%4h1.1756long leg$10.7M
Backpack ZRO_USDC_PERP+0.0100%1h1.1764+0.068%$100K$207K20xas long as short
Variational Omni ZRO+0.0100%4h1.1751−0.043%$2.3M$879Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1750−0.051%$37K$688K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1766+0.085%$94K$825K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1748−0.067%$21K3xas long as short
dYdX ZRO-USD+0.0121%1h1.1754−0.017%$21K$2K5xas long as short
Kraken Futures PF_ZROUSD+0.0133%1h1.1765+0.080%$252K$434K25xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1761+0.040%$3K100xas long as short
Nado ZRO-PERP+0.0330%1h1.1754−0.014%$1.3M$125K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1790+0.289%$12K$260K12xas long as short
Extended ZRO-USD+0.2024%1h1.1749−0.058%$784K$610K10xas long as short