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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.037%
Price spread now: Aevo against Orderly+0.010%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZRO_USDC1.1799−0.0054get 0.0027% / 4h2h 03m$21K$7K10x
ShortAevo ZRO-PERP1.18000.0104get 0.0013% / 1h3m 55s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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
$33.14
Price spread: +0.010% → 0.000%
$0.97
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
$12.12
Costs to cover
0.220%
Break-even
4.4 days
Slippage unknown: Orderly: no order-book sample; Aevo: 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 Orderly no order-book sample
Sell Aevo no order-book sample
Orderly and Aevo: 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−0.0432%1h1.1786−0.107%$7K$3K5xas long as short
Orderly PERP_ZRO_USDClong−0.0054%4h1.1799long leg$21K$7K10x
BloFin ZRO-USDT+0.0049%4h1.1802+0.025%$1.1M$264K75xas long as short
dYdX ZRO-USD+0.0069%1h1.1814+0.131%$21K$2K5xas long as short
Lighter ZRO+0.0096%1h1.1800+0.009%$4.5M$1.4M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1818+0.161%$37.5M$6.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1809+0.084%$158K$160K10xas long as short
Pacifica ZRO+0.0100%1h1.1795−0.031%$138K$191K5xas long as short
Binance ZROUSDT+0.0100%4h1.1799−0.001%$22.3M$32.7M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1806+0.059%$18.1M$15.4M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1820+0.178%$3.2M$8.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1800+0.008%$1.3M$2.0M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.17990.000%$19.1M$3.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1809+0.085%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1800+0.008%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1798−0.008%$10.9Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1807+0.068%$95K$206K20xas long as short
Variational Omni ZRO+0.0100%4h1.1792−0.060%$2.2M$859Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1810+0.093%$37K$681K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1808+0.076%$88K$913K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1800+0.010%$21K3x
Nado ZRO-PERP+0.0180%1h1.1797−0.014%$1.3M$130K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1809+0.082%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0317%1h1.1819+0.173%$250K$567K25xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1860+0.517%$12K$175K12xas long as short
Extended ZRO-USD+0.2296%1h1.1802+0.025%$784K$539K10xas long as short