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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against dYdX+0.062%7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.062% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZRO-USD1.15280.0008pay 0.0001% / 1h27m 15s$21K$5K5x
ShortAevo ZRO-PERP1.15350.0104get 0.0013% / 1h27m 15s$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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
$20.06
Price spread: +0.062% → 0.000%
$6.18
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$0.24
Costs to cover
0.260%
Break-even
6.9 days
Slippage unknown: dYdX: no order-book sample; Aevo: 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 dYdX no order-book sample
Sell Aevo no order-book sample
dYdX and Aevo: 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
dYdX ZRO-USDlong+0.0008%1h1.1528long leg$21K$5K5x
Orderly PERP_ZRO_USDC+0.0065%4h1.1541+0.111%$20K$4K10xas long as short
Backpack ZRO_USDC_PERP+0.0092%1h1.1541+0.111%$93K$218K20xas long as short
Lighter ZRO+0.0096%1h1.1562+0.296%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1551+0.198%$36.6M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1547+0.163%$156K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1535+0.061%$136K$176K5xas long as short
Binance ZROUSDT+0.0100%4h1.1540+0.107%$21.6M$29.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1532+0.033%$17.7M$13.5M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1544+0.137%$3.1M$7.7M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1520−0.071%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1542+0.120%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1535+0.059%$2.3M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1536+0.068%$2.6M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1534+0.051%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1554+0.222%$2.2M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1590+0.536%$39K$677K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1549+0.181%$101K$815K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1535+0.062%$20K3x
01 Exchange ZROUSD+0.0112%1h1.1543+0.132%$4K$5K5xas long as short
BloFin ZRO-USDT+0.0147%4h1.1544+0.137%$1.0M$247K75xas long as short
Nado ZRO-PERP+0.0206%1h1.1543+0.128%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1543+0.129%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0712%1h1.1553+0.211%$252K$334K25xas long as short
Extended ZRO-USD+0.0928%1h1.1538+0.085%$791K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1630+0.883%$12K$260K12xas long as short