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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%
Price spread now: Binance against OKX+0.007%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.592% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days−0.079%−$8 · spread now +0.007%, 7d avg −0.012%
Together, before fees−0.018%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZRO-USDT-SWAP1.17520.0100pay 0.0050% / 4h20m 33s$3.2M$8.3M20x
ShortBinance ZROUSDT1.17530.0100get 0.0050% / 4h20m 33s$22.1M$31.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.007% → −0.012%
$2
Slippage, 4 orders
−$39.19
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$57.19
Costs to cover
0.592%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 6 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 OKX live order book, 2 min ago2.55 bp18.5 bp −$1995.4 bp −$954doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago0.43 bp13.0 bp −$1329.6 bp −$296200.0 bp −$20.0Kdoesn'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
01 Exchange ZROUSD−0.0168%1h1.1750−0.019%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0012%4h1.1754+0.017%$21K$7K10xas long as short
BloFin ZRO-USDT+0.0049%4h1.1753+0.009%$1.1M$256K75xas long as short
Lighter ZRO+0.0096%1h1.1761+0.077%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1761+0.077%$37.3M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1762+0.085%$157K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.17520.000%$136K$177K5xas long as short
Binance ZROUSDTshort+0.0100%4h1.1753+0.007%$22.1M$31.2M75x
Bybit ZROUSDT+0.0100%4h1.1749−0.026%$17.9M$14.6M50xas long as short
OKX ZRO-USDT-SWAPlong+0.0100%4h1.1752long leg$3.2M$8.3M20x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1740−0.102%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1754+0.017%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1745−0.060%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1748−0.034%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1751−0.009%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1761+0.077%$100K$207K20xas long as short
Variational Omni ZRO+0.0100%4h1.1751−0.009%$2.3M$879Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1750−0.017%$37K$688K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1766+0.119%$94K$825K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1748−0.033%$21K3xas long as short
dYdX ZRO-USD+0.0119%1h1.1754+0.017%$21K$2K5xas long as short
Kraken Futures PF_ZROUSD+0.0133%1h1.1765+0.114%$252K$434K25xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1761+0.074%$3K100xas long as short
Nado ZRO-PERP+0.0329%1h1.1750−0.017%$1.3M$125K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1790+0.323%$12K$260K12xas long as short
Extended ZRO-USD+0.2024%1h1.1747−0.038%$784K$610K10xas long as short