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: Bitget against MEXC+0.017%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days+0.062%+$6 · spread now +0.017%, 7d avg −0.020%
Together, before fees+0.088%+$9 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: Bitget is 0.038% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.16620.0100pay 0.0050% / 4h1h 04m$19.1M$2.7M125x
ShortBitget ZROUSDT1.16640.0100get 0.0050% / 4h1h 04m$2.7M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: +0.017% → −0.020%
$3.76
Slippage, 4 orders
−$32.11
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$40.35
Costs to cover
0.441%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 3 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 MEXC live order book, 4 min ago0.43 bp5.6 bp −$635.9 bp −$35982.0 bp −$8,202466.9 bp −$233.5K
Sell Bitget live order book, 3 min ago3.85 bp17.4 bp −$1736.2 bp −$362doesn'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
dYdX ZRO-USD+0.0027%1h1.1670+0.070%$21K$5K5xas long as short
BloFin ZRO-USDT+0.0062%4h1.1684+0.189%$1.0M$202K75xas long as short
01 Exchange ZROUSD+0.0080%1h1.1668+0.049%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0094%4h1.1663+0.009%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1684+0.190%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1671+0.074%$37.0M$5.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1677+0.131%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1671+0.075%$137K$171K5xas long as short
Binance ZROUSDT+0.0100%4h1.1659−0.026%$21.8M$29.0M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1665+0.026%$17.9M$13.3M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1661−0.009%$3.2M$7.7M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1680+0.154%$1.3M$1.4M75xas long as short
MEXC ZRO_USDTlong+0.0100%4h1.1662long leg$19.1M$2.7M125x
KuCoin ZROUSDTM+0.0100%4h1.1677+0.129%$2.4M$2.0M50xas long as short
Bitget ZROUSDTshort+0.0100%4h1.1664+0.017%$2.7M$2.5M75x
BingX ZRO-USDT+0.0100%4h1.1668+0.051%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1681+0.167%$2.3M$771Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1690+0.240%$39K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1669+0.060%$99K$817K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1660−0.017%$21K3xas long as short
Backpack ZRO_USDC_PERP+0.0234%1h1.1686+0.206%$95K$216K20xas long as short
Nado ZRO-PERP+0.0252%1h1.1667+0.039%$1.3M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1662+0.001%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0515%1h1.1674+0.101%$254K$298K25xas long as short
Extended ZRO-USD+0.0768%1h1.1660−0.020%$797K$647K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1730+0.583%$12K$261K12xas long as short