data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

ZRO

all ZRO markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$43
spread now+0.159%7d average+0.167%fees + slippage, in and out−$43spread needed0.427%
Long on BybitShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZROUSDT1.19400.0100pay 0.0050% / 4h2m 05s$18.5M$17.8M50x
ShortLighter ZRO1.19590.0096get 0.0012% / 1h2m 05s$4.8M$1.3M5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$15.91
Funding while held
−$0.12
Slippage, 4 orders
−$31.67
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$26.88
Spread needed to break even
0.427%
Slippage from Bybit: live order book, 3 min ago; Lighter: live order book, 7 min ago.

Cost of waiting

funding view
Funding /8h
−0.0004%
Per $10,000 a day
−$0.12
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago1.26 bp13.6 bp −$1445.0 bp −$450doesn't fitdoesn't fit
Sell Lighter live order book, 7 min ago3.82 bp4.0 bp −$466.0 bp −$660doesn't fitdoesn't fit

ZRO price on every exchange

against the cheapest. Click to use as the short leg.
Extended1.1931cheapestBloFin1.1934+0.025%Variational Omni1.1935+0.037%Orderly1.1936+0.042%Nado1.1939+0.067%Bitget1.1939+0.067%Binance1.1939+0.067%
Bybit1.1940+0.075%
Gate1.1940+0.075%KuCoin1.1940+0.075%ApeX Omni1.1940+0.075%Aevo1.1940+0.075%GMX1.1941+0.080%MEXC1.1941+0.084%BingX1.1943+0.101%OKX1.1945+0.117%Aster1.1947+0.138%Backpack1.1948+0.142%Kraken Futures1.1951+0.169%dYdX1.1953+0.189%Pacifica1.1957+0.218%
Lighter1.1959+0.235%
Hyperliquid1.1963+0.268%Polymarket Perps1.1966+0.293%01 Exchange1.1967+0.304%Injective1.1980+0.411%

ZRO on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended ZRO-USD−0.075%+0.0104%1h$795K$473K10xas long as short
BloFin ZRO-USDT−0.050%+0.0058%4h$1.1M$283K75xas long as short
Variational Omni ZRO−0.038%+0.0100%4h$2.4M$823K—as long as short
Orderly PERP_ZRO_USDC−0.034%−0.0070%4h$21K$7K10xas long as short
Nado ZRO-PERP−0.009%+0.0277%1h$1.3M$117K5xas long as short
Bitget ZROUSDT−0.008%+0.0100%4h$2.7M$2.9M75xas long as short
Binance ZROUSDT−0.008%+0.0100%4h$22.9M$34.8M75xas long as short
Bybit ZROUSDTlong0.000%+0.0100%4h$18.5M$17.8M50x
Gate ZRO_USDT0.000%+0.0100%4h$1.4M$2.2M75xas long as short
KuCoin ZROUSDTM0.000%+0.0100%4h$2.4M$1.3M50xas long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni ZROUSDT0.000%+0.0100%1h$37K$679K50xas long as short
Aevo ZRO-PERP0.000%+0.0104%1h$21K—3xas long as short
GMX ZRO/USD [ETH-USDC]+0.004%L +0.0383% / S −0.4219%1h$6K—100xas long as short
MEXC ZRO_USDT+0.008%+0.0100%4h$17.9M$3.9M125xas long as short
BingX ZRO-USDT+0.025%+0.0100%4h—$8.9M—as long as short
OKX ZRO-USDT-SWAP+0.042%+0.0093%4h$3.3M$8.2M20xas long as short
Aster ZROUSDT+0.063%+0.0100%4h$135K$107K10xas long as short
Backpack ZRO_USDC_PERP+0.067%+0.0100%1h$92K$195K20xas long as short
Kraken Futures PF_ZROUSD+0.093%−0.0490%1h$266K$575K25xas long as short
dYdX ZRO-USD+0.113%+0.0009%1h$21K$1K5xas long as short
Pacifica ZRO+0.143%+0.0100%1h$144K$221K5xas long as short
Lighter ZROshort+0.159%+0.0096%1h$4.8M$1.3M5x
Hyperliquid ZRO+0.193%+0.0392%1h$39.4M$7.5M5xas long as short
Polymarket Perps ZRO-USD+0.218%+0.0100%1h$84K$830K5xas long as short
01 Exchange ZROUSD+0.229%−0.0048%1h$7K$3K5xas long as short
Injective ZRO/USDC PERP+0.335%+0.1142%1h$13K$173K12xas long as short