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−0.0188%/8h= −20.6% APRnext payment $0.23 per $10,000 · paid last 24h −0.060%
Price spread now: Aevo against GMX−0.074%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 −$6 a day on $10k at the current rate, and Aevo is 0.074% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZRO/USD [ETH-USDC]1.1564L +0.0292% / S −0.2341%pay 0.0036% / 1h30m 48s$3K100x
ShortAevo ZRO-PERP1.15560.0104get 0.0013% / 1h30m 48s$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
−$39.42
Price spread: −0.074% → 0.000%
−$7.38
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$74.8
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: GMX: 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 GMX no order-book sample
Sell Aevo no order-book sample
GMX 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-USD+0.0010%1h1.1567+0.022%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0063%4h1.1563−0.009%$20K$4K10xas long as short
Backpack ZRO_USDC_PERP+0.0066%1h1.1568+0.034%$93K$218K20xas long as short
Lighter ZRO+0.0096%1h1.1597+0.288%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1583+0.164%$36.7M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1578+0.122%$156K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1569+0.043%$136K$176K5xas long as short
Binance ZROUSDT+0.0100%4h1.1575+0.095%$21.6M$29.5M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1570+0.051%$17.7M$13.6M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1579+0.129%$3.1M$7.7M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1560−0.035%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1575+0.095%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1566+0.017%$2.3M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1569+0.043%$2.6M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1576+0.103%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1554−0.089%$2.2M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1570+0.051%$39K$677K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1570+0.051%$101K$815K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1556−0.074%$20K3x
BloFin ZRO-USDT+0.0107%4h1.1569+0.043%$1.0M$247K75xas long as short
01 Exchange ZROUSD+0.0128%1h1.1570+0.048%$4K$5K5xas long as short
Nado ZRO-PERP+0.0190%1h1.1566+0.014%$1.3M$127K5xas long as short
GMX ZRO/USD [ETH-USDC]longL +0.0292% / S −0.2341%1h1.1564long leg$3K100x
Kraken Futures PF_ZROUSD+0.0711%1h1.1574+0.088%$253K$336K25xas long as short
Extended ZRO-USD+0.0896%1h1.1577+0.115%$795K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1620+0.484%$12K$260K12xas long as short