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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h −0.022%
Price spread now: dYdX against MEXC+0.064%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 5 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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.064% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.17800.0100pay 0.0050% / 4h3h 02m$19.2M$2.7M125x
ShortdYdX ZRO-USD1.17870.0175get 0.0022% / 1h2m 58s$21K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$15.73
Price spread: +0.064% → 0.000%
$6.36
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$12.09
Costs to cover
0.100%
Break-even
1.6 days
Slippage unknown: MEXC: live order book, 1 min ago; dYdX: 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 MEXC live order book, 1 min ago0.42 bp8.0 bp −$843.1 bp −$43179.8 bp −$7,977433.2 bp −$216.6K
Sell dYdX no order-book sample
dYdX: 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
01 Exchange ZROUSD−0.0128%1h1.1783+0.028%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0007%4h1.1785+0.042%$21K$6K10xas long as short
BloFin ZRO-USDT+0.0056%4h1.1789+0.076%$1.1M$256K75xas long as short
Lighter ZRO+0.0096%1h1.1804+0.205%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1795+0.127%$37.4M$5.6M5xas long as short
Aster ZROUSDT+0.0100%4h1.1802+0.184%$158K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1788+0.071%$137K$168K5xas long as short
Binance ZROUSDT+0.0100%4h1.1779−0.008%$22.1M$30.0M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1782+0.017%$18.0M$14.0M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1783+0.025%$3.2M$8.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.17800.000%$1.4M$1.5M75xas long as short
MEXC ZRO_USDTlong+0.0100%4h1.1780long leg$19.2M$2.7M125x
KuCoin ZROUSDTM+0.0100%4h1.1791+0.093%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1784+0.034%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1787+0.059%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1804+0.202%$2.3M$847Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1810+0.255%$37K$685K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1796+0.136%$92K$845K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1784+0.031%$21K3xas long as short
dYdX ZRO-USDshort+0.0175%1h1.1787+0.064%$21K$3K5x
Nado ZRO-PERP+0.0292%1h1.1787+0.062%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1790+0.086%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0301%1h1.1799+0.163%$253K$407K25xas long as short
Backpack ZRO_USDC_PERP+0.0408%1h1.1793+0.110%$98K$208K20xas long as short
Extended ZRO-USD+0.1136%1h1.1782+0.017%$788K$597K10xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1860+0.679%$12K$260K12xas long as short