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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Pacifica−0.056%7-day average −0.026% · you buy dearer than you sell
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 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.056%, 7d avg −0.026%
Together, before fees−0.028%+ Points / potential airdropPacifica: Active · farm board−$3 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: BingX is 0.030% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZRO1.18650.0100pay 0.0013% / 1h21m 42s$144K$193K5x
ShortBingX ZRO-USDT1.18580.0100get 0.0050% / 4h2h 21m$10.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Pacifica. 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: −0.056% → −0.026%
−$3
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$21
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 1 min ago; BingX: live order book, 1 min ago. 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 Pacifica live order book, 1 min ago2.53 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 1 min ago2.95 bp8.8 bp −$99.5 bp −$9526.2 bp −$2,61856.7 bp −$28.4K

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−0.0408%1h1.1851−0.115%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0054%4h1.1867+0.019%$21K$7K10xas long as short
dYdX ZRO-USD+0.0021%1h1.1860−0.036%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0043%4h1.1852−0.107%$1.1M$266K75xas long as short
OKX ZRO-USDT-SWAP+0.0093%4h1.1862−0.023%$3.2M$9.1M20xas long as short
Lighter ZRO+0.0096%1h1.1867+0.024%$4.6M$1.3M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1880+0.129%$37.7M$6.7M5xas long as short
Aster ZROUSDT+0.0100%4h1.1863−0.012%$158K$160K10xas long as short
Pacifica ZROlong+0.0100%1h1.1865long leg$144K$193K5x
Binance ZROUSDT+0.0100%4h1.1864−0.006%$22.4M$33.3M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h1.1856−0.073%$18.2M$15.6M50xas long as short
Gate ZRO_USDT+0.0100%4h1.1860−0.040%$1.3M$2.0M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1863−0.014%$19.2M$3.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1873+0.070%$3.0M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1865+0.003%$2.7M$2.5M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1858−0.056%$10.9M
Backpack ZRO_USDC_PERP+0.0100%1h1.1867+0.019%$93K$205K20xas long as short
Variational Omni ZRO+0.0100%4h1.1827−0.317%$2.3M$862Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1820−0.377%$37K$680K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1869+0.036%$87K$922K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1864−0.003%$21K3xas long as short
Nado ZRO-PERP+0.0160%1h1.1851−0.113%$1.3M$131K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1868+0.026%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0316%1h1.1876+0.096%$252K$572K25xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1900+0.298%$12K$175K12xas long as short
Extended ZRO-USD+0.1512%1h1.1860−0.040%$784K$555K10xas long as short