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 01:00 UTC−0.0191%/8h= −21.0% APRpaid last 24h −0.072%
Price spread now: Variational Omni against GMX+0.382%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 0.382% dearer against GMX than usual: you sell high and buy low (spread +0.382% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZRO/USD [ETH-USDC]1.1753L +0.0291% / S −0.2341%pay 0.0036% / 1h54m 44s$3K100x
ShortVariational Omni ZRO1.17970.0100get 0.0050% / 4h3h 54m$2.3M$876K

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
−$40.21
Price spread: +0.382% → 0.000%
$38.2
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$14.01
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 4 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, 4 min ago4.84 bpdoesn't fit46.7 bp −$467doesn'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
Bybit ZROUSDT−0.0940%4h1.1755+0.021%$17.9M$14.3M50xas long as short
Gate ZRO_USDT−0.0754%4h1.1750−0.021%$1.4M$1.5M75xas long as short
ApeX Omni ZROUSDT−0.0347%1h1.1790+0.319%$37K$687K50xas long as short
01 Exchange ZROUSD−0.0240%1h1.1740−0.110%$7K$3K5xas long as short
dYdX ZRO-USD0.0000%1h1.1768+0.133%$21K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0011%4h1.1748−0.038%$21K$7K10xas long as short
Lighter ZRO+0.0096%1h1.1756+0.033%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1765+0.108%$37.3M$5.9M5xas long as short
Aster ZROUSDT+0.0100%4h1.1767+0.121%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1762+0.076%$136K$172K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZROUSDT+0.0100%4h1.1759+0.055%$22.1M$30.6M75xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1757+0.038%$3.2M$8.1M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1760+0.064%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1752−0.004%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1757+0.038%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1754+0.013%$10.7Mas long as short
Variational Omni ZROshort+0.0100%4h1.1797+0.382%$2.3M$876K
Polymarket Perps ZRO-USD+0.0100%1h1.1755+0.021%$91K$830K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1759+0.052%$21K3xas long as short
BloFin ZRO-USDT+0.0158%4h1.1749−0.030%$1.1M$256K75xas long as short
Nado ZRO-PERP+0.0247%1h1.1747−0.048%$1.3M$123K5xas long as short
GMX ZRO/USD [ETH-USDC]longL +0.0291% / S −0.2341%1h1.1753long leg$3K100x
Kraken Futures PF_ZROUSD+0.0302%1h1.1767+0.125%$252K$411K25xas long as short
Backpack ZRO_USDC_PERP+0.0507%1h1.1758+0.047%$97K$204K20xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1820+0.574%$12K$260K12xas long as short
Extended ZRO-USD+0.1512%1h1.1757+0.036%$784K$589K10xas long as short