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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against KuCoin+0.128%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2782.783% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.128%, 7d avg +0.034%
Together, before fees−0.046%+ Points / potential airdropAster: Stage 5 · farm board−$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: Aster is 0.094% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZROUSDTM1.16850.0100pay 0.0050% / 4h1h 54m$2.3M$1.9M50x
ShortAster ZROUSDT1.17000.0100get 0.0050% / 4h1h 54m$158K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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: +0.128% → +0.034%
$9.43
Slippage, 4 orders
−$258.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$268.84
Costs to cover
2.783%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Aster: live order book, 7 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 KuCoin live order book, 2 min ago9.80 bp50.1 bp −$50162.6 bp −$1,626doesn't fitdoesn't fit
Sell Aster live order book, 7 min ago5.12 bp46.8 bp −$47doesn't fitdoesn't fitdoesn't fit

ZRO on 25 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−0.0488%1h1.1675−0.088%$7K$3K5xas long as short
ApeX Omni ZROUSDT−0.0341%1h1.1650−0.300%$39K$675K50xas long as short
Bybit ZROUSDT−0.0033%4h1.1680−0.043%$17.9M$13.9M50xas long as short
dYdX ZRO-USD0.0000%1h1.1692+0.056%$21K$3K5xas long as short
Gate ZRO_USDT+0.0022%4h1.1680−0.043%$1.3M$1.5M75xas long as short
Orderly PERP_ZRO_USDC+0.0033%4h1.1692+0.060%$20K$5K10xas long as short
Lighter ZRO+0.0096%1h1.1707+0.188%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1700+0.131%$37.0M$5.4M5xas long as short
Aster ZROUSDTshort+0.0100%4h1.1700+0.128%$158K$150K10x
Pacifica ZRO+0.0100%1h1.1685−0.002%$136K$169K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZROUSDT+0.0100%4h1.1681−0.034%$21.9M$29.6M75xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1692+0.060%$3.2M$7.9M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1679−0.051%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTMlong+0.0100%4h1.1685long leg$2.3M$1.9M50x
Bitget ZROUSDT+0.0100%4h1.1687+0.017%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1682−0.026%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1700+0.128%$95K$205K20xas long as short
Variational Omni ZRO+0.0100%4h1.1720+0.300%$2.3M$813Kas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1687+0.017%$91K$834K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1690+0.043%$21K3xas long as short
Nado ZRO-PERP+0.0142%1h1.1680−0.047%$1.3M$124K5xas long as short
Kraken Futures PF_ZROUSD+0.0198%1h1.1717+0.273%$258K$406K25xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1693+0.068%$3K100xas long as short
Extended ZRO-USD+0.0928%1h1.1694+0.075%$785K$590K10xas long as short
Injective ZRO/USDC PERP+0.1102%1h1.1720+0.300%$12K$260K12xas long as short