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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against MEXC+0.051%7-day average +0.012% · 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−$38as in the Price arb table
costs, in and out, $10k−$420.415% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.051%, 7d avg +0.012%
Together, before fees+0.017%+ Points / potential airdropPacifica: Active · farm board+$2 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: Pacifica is 0.039% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.16570.0100pay 0.0050% / 4h1h 03m$19.1M$2.7M125x
ShortPacifica ZRO1.16630.0100get 0.0013% / 1h3m 18s$137K$171K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.051% → +0.012%
$3.94
Slippage, 4 orders
−$33.53
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$37.59
Costs to cover
0.415%
Break-even
never at this rate
Slippage from MEXC: live order book, just now; Pacifica: live order book, 39 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, just now0.43 bp6.8 bp −$747.0 bp −$47072.5 bp −$7,250240.2 bp −$120.1K
Sell Pacifica live order book, 39 min ago3.42 bp14.3 bp −$14doesn't fitdoesn'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+0.113%$21K$5K5xas long as short
BloFin ZRO-USDT+0.0062%4h1.1684+0.232%$1.0M$202K75xas long as short
01 Exchange ZROUSD+0.0072%1h1.1662+0.040%$4K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0094%4h1.1650−0.060%$20K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1684+0.229%$4.3M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1669+0.100%$37.0M$5.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1668+0.092%$157K$149K10xas long as short
Pacifica ZROshort+0.0100%1h1.1663+0.051%$137K$171K5x
Binance ZROUSDT+0.0100%4h1.1649−0.069%$21.8M$29.0M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1646−0.094%$17.8M$13.3M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1651−0.051%$3.2M$7.6M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1680+0.197%$1.3M$1.4M75xas long as short
MEXC ZRO_USDTlong+0.0100%4h1.1657long leg$19.1M$2.7M125x
KuCoin ZROUSDTM+0.0100%4h1.1677+0.172%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1645−0.103%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1651−0.051%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1681+0.210%$2.3M$771Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1690+0.283%$39K$669K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1666+0.077%$99K$817K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1648−0.078%$21K3xas long as short
Backpack ZRO_USDC_PERP+0.0229%1h1.1667+0.086%$95K$216K20xas long as short
Nado ZRO-PERP+0.0253%1h1.1663+0.048%$1.3M$128K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1654−0.028%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0515%1h1.1674+0.144%$254K$298K25xas long as short
Extended ZRO-USD+0.0768%1h1.1659+0.020%$797K$647K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1730+0.626%$12K$261K12xas long as short