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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.086%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1571.568% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days+0.036%+$4 · spread now −0.086%, 7d avg −0.015%
Together, before fees+0.050%+$5 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: KuCoin is 0.070% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZRO_USDT1.16900.0100pay 0.0050% / 4h1h 47m$1.3M$1.4M75x
ShortKuCoin ZROUSDTM1.16800.0100get 0.0050% / 4h1h 47m$2.4M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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: −0.086% → −0.015%
−$7.02
Slippage, 4 orders
−$129.8
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$163.82
Costs to cover
1.568%
Break-even
never at this rate
Slippage from Gate: live order book, just now; KuCoin: live order book, 10 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 Gate live order book, just now8.57 bp23.5 bp −$2374.7 bp −$747doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago8.99 bp42.6 bp −$43121.8 bp −$1,218doesn'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−0.0024%1h1.1697+0.063%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0087%4h1.1691+0.009%$20K$4K10xas long as short
dYdX ZRO-USD+0.0092%1h1.1708+0.153%$21K$5K5xas long as short
Lighter ZRO+0.0096%1h1.1705+0.129%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.16900.000%$37.1M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1698+0.068%$158K$151K10xas long as short
Pacifica ZRO+0.0100%1h1.1697+0.060%$138K$174K5xas long as short
Binance ZROUSDT+0.0100%4h1.1678−0.102%$21.8M$29.3M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1675−0.128%$17.9M$13.5M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1680−0.086%$3.2M$7.7M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDTlong+0.0100%4h1.1690long leg$1.3M$1.4M75x
MEXC ZRO_USDT+0.0100%4h1.1689−0.009%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTMshort+0.0100%4h1.1680−0.086%$2.4M$2.0M50x
Bitget ZROUSDT+0.0100%4h1.1684−0.051%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1687−0.026%$16.6Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1683−0.060%$96K$221K20xas long as short
Variational Omni ZRO+0.0100%4h1.1693+0.022%$2.3M$812Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1710+0.171%$39K$671K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1703+0.111%$99K$819K5xas long as short
BloFin ZRO-USDT+0.0103%4h1.1681−0.077%$1.0M$202K75xas long as short
Aevo ZRO-PERP+0.0104%1h1.1689−0.008%$21K3xas long as short
Nado ZRO-PERP+0.0194%1h1.1709+0.166%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1696+0.049%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0514%1h1.1693+0.027%$253K$307K25xas long as short
Extended ZRO-USD+0.0776%1h1.1682−0.067%$803K$625K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1750+0.513%$12K$261K12xas long as short