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

ZRO

all ZRO markets
SwapBacktest
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: BingX against Bitget−0.017%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.584% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.001%$0 · spread now −0.017%, 7d avg +0.012%
Together, before fees+0.001%$0 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: BingX is 0.028% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZROUSDT1.18770.0100pay 0.0050% / 4h3h 10m$2.7M$2.4M75x
ShortBingX ZRO-USDT1.18750.0100get 0.0050% / 4h3h 10m$15.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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% → +0.012%
−$2.84
Slippage, 4 orders
−$36.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$61.25
Costs to cover
0.584%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 13 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 Bitget live order book, 2 min ago4.63 bp19.3 bp −$1936.6 bp −$366doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago2.12 bp9.0 bp −$912.4 bp −$12428.7 bp −$2,86953.8 bp −$26.9K

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−0.0104%1h1.1875−0.014%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0011%4h1.1873−0.034%$21K$6K10xas long as short
Lighter ZRO+0.0096%1h1.1885+0.066%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1891+0.118%$37.7M$5.7M5xas long as short
Aster ZROUSDT+0.0100%4h1.1879+0.015%$159K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1876−0.008%$138K$168K5xas long as short
Binance ZROUSDT+0.0100%4h1.1874−0.022%$22.3M$30.1M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1873−0.034%$18.2M$14.0M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1872−0.042%$3.2M$8.1M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1870−0.059%$1.4M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1874−0.025%$19.3M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1878+0.008%$2.4M$1.9M50xas long as short
Bitget ZROUSDTlong+0.0100%4h1.1877long leg$2.7M$2.4M75x
BingX ZRO-USDTshort+0.0100%4h1.1875−0.017%$15.8M
Variational Omni ZRO+0.0100%4h1.1845−0.269%$2.3M$853Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1850−0.227%$37K$688K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1883+0.051%$95K$836K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1867−0.083%$21K3xas long as short
BloFin ZRO-USDT+0.0135%4h1.1857−0.168%$1.1M$256K75xas long as short
dYdX ZRO-USD+0.0200%1h1.1878+0.009%$21K$3K5xas long as short
Nado ZRO-PERP+0.0285%1h1.1879+0.014%$1.4M$127K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1881+0.033%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0299%1h1.1878+0.008%$255K$408K25xas long as short
Backpack ZRO_USDC_PERP+0.0442%1h1.1864−0.109%$98K$207K20xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1910+0.278%$12K$260K12xas long as short
Extended ZRO-USD+0.1192%1h1.1866−0.088%$792K$613K10xas long as short