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

ZRO

all ZRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.062%
Price spread now: Variational Omni against GMX+0.152%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.152% dearer against GMX than usual: you sell high and buy low (spread +0.152% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZRO/USD [ETH-USDC]1.1581L +0.0292% / S −0.2341%pay 0.0036% / 1h31m 41s$3K100x
ShortVariational Omni ZRO1.15990.0100get 0.0050% / 4h2h 31m$2.2M$809K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$40.29
Price spread: +0.152% → 0.000%
$15.23
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$37.05
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 2 min ago. 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 Variational Omni RFQ quote, 2 min ago4.06 bpdoesn't fit40.2 bp −$402doesn't fitdoesn't fit
GMX: 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%1h1.1567−0.124%$21K$5K5xas long as short
Backpack ZRO_USDC_PERP+0.0061%1h1.1575−0.052%$93K$218K20xas long as short
Orderly PERP_ZRO_USDC+0.0063%4h1.1574−0.061%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1594+0.113%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1574−0.061%$36.7M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1575−0.054%$156K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1569−0.104%$136K$176K5xas long as short
Binance ZROUSDT+0.0100%4h1.1569−0.104%$21.6M$29.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1565−0.139%$17.7M$13.6M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1569−0.104%$3.1M$7.7M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1560−0.182%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1572−0.078%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1566−0.130%$2.3M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1566−0.130%$2.6M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1581−0.001%$16.5Mas long as short
Variational Omni ZROshort+0.0100%4h1.1599+0.152%$2.2M$809K
ApeX Omni ZROUSDT+0.0100%1h1.1650+0.595%$39K$678K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1591+0.086%$101K$816K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1590+0.077%$20K3xas long as short
01 Exchange ZROUSD+0.0136%1h1.1590+0.078%$4K$5K5xas long as short
BloFin ZRO-USDT+0.0146%4h1.1567−0.121%$1.0M$247K75xas long as short
Nado ZRO-PERP+0.0185%1h1.1578−0.024%$1.3M$127K5xas long as short
GMX ZRO/USD [ETH-USDC]longL +0.0292% / S −0.2341%1h1.1581long leg$3K100x
Kraken Futures PF_ZROUSD+0.0710%1h1.1579−0.017%$253K$336K25xas long as short
Extended ZRO-USD+0.0904%1h1.1564−0.146%$795K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1670+0.768%$12K$260K12xas long as short