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: Gate against OKX+0.025%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$910.911% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.025%, 7d avg +0.015%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZRO-USDT-SWAP1.18070.0100pay 0.0050% / 4h1h 18m$3.2M$8.5M20x
ShortGate ZRO_USDT1.18100.0100get 0.0050% / 4h1h 18m$1.3M$1.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.025% → +0.015%
$1.08
Slippage, 4 orders
−$66.12
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$90.04
Costs to cover
0.911%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 4 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, 5 min ago1.69 bp22.6 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago8.48 bp27.4 bp −$2771.5 bp −$715doesn'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
01 Exchange ZROUSD−0.0488%1h1.1797−0.085%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0034%4h1.1804−0.025%$21K$7K10xas long as short
BloFin ZRO-USDT+0.0050%4h1.1803−0.034%$1.1M$262K75xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1817+0.088%$250K$516K25xas long as short
Lighter ZRO+0.0096%1h1.1807+0.004%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1823+0.136%$37.5M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1814+0.060%$158K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1808+0.005%$137K$183K5xas long as short
Binance ZROUSDT+0.0100%4h1.1806−0.008%$22.2M$31.7M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1794−0.110%$18.0M$14.8M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAPlong+0.0100%4h1.1807long leg$3.2M$8.5M20x
Gate ZRO_USDTshort+0.0100%4h1.1810+0.025%$1.3M$1.8M75x
MEXC ZRO_USDT+0.0100%4h1.18070.000%$19.1M$3.1M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1794−0.110%$2.7M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1802−0.042%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1801−0.051%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1812+0.042%$100K$208K20xas long as short
Variational Omni ZRO+0.0100%4h1.1785−0.190%$2.3M$868Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1810+0.025%$37K$683K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1813+0.051%$88K$904K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1802−0.040%$21K3xas long as short
dYdX ZRO-USD+0.0144%1h1.1798−0.077%$21K$2K5xas long as short
Nado ZRO-PERP+0.0195%1h1.1806−0.008%$1.3M$124K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1810+0.025%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1800−0.059%$12K$260K12xas long as short
Extended ZRO-USD+0.2488%1h1.1804−0.028%$780K$560K10xas long as short