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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.039%
Price spread now: OKX against Pacifica−0.361%49s7-day average −0.030% · 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−0.050%−$5 on $10k
Price spread, last 4 days (all we have)+0.345%+$35 · spread now −0.361%, 7d avg −0.030%
Together, before fees+0.295%+ Points / potential airdropPacifica: Active · farm board+$29 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: OKX is 0.331% cheaper against Pacifica than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZRO1.17360.0100pay 0.0013% / 1h42m 57s$136K$168K5x
ShortOKX ZRO-USDT-SWAP1.16940.0100get 0.0050% / 4h2h 42m$3.2M$7.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.361% → −0.030%
−$33.14
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$51.14
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 25 min ago; OKX: live order book, 5 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, 25 min ago5.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.13 bp15.0 bp −$15doesn'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
01 Exchange ZROUSD−0.0248%1h1.1730−0.055%$7K$3K5xas long as short
dYdX ZRO-USD0.0000%1h1.1748+0.101%$21K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0016%4h1.1725−0.097%$21K$6K10xas long as short
Lighter ZRO+0.0096%1h1.1746+0.084%$4.4M$1.2M5xas long as short
Gate ZRO_USDT+0.0096%4h1.1690−0.395%$1.3M$1.5M75xas long as short
Hyperliquid ZRO+0.0100%1h1.1723−0.113%$37.1M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1717−0.168%$157K$149K10xas long as short
Pacifica ZROlong+0.0100%1h1.1736long leg$136K$168K5x
Binance ZROUSDT+0.0100%4h1.1683−0.455%$21.9M$29.9M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1687−0.421%$17.9M$14.1M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAPshort+0.0100%4h1.1694−0.361%$3.2M$7.9M20x
MEXC ZRO_USDT+0.0100%4h1.1696−0.344%$19.0M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1702−0.293%$2.3M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1689−0.404%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1699−0.319%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1718−0.157%$97K$213K20xas long as short
Variational Omni ZRO+0.0100%4h1.1690−0.398%$2.3M$837Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1730−0.055%$39K$684K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1739+0.022%$92K$841K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1735−0.014%$21K3xas long as short
BloFin ZRO-USDT+0.0132%4h1.1753+0.141%$1.1M$253K75xas long as short
Nado ZRO-PERP+0.0201%1h1.1739+0.019%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1737+0.006%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0370%1h1.1739+0.019%$252K$407K25xas long as short
Extended ZRO-USD+0.0992%1h1.1683−0.455%$784K$593K10xas long as short
Injective ZRO/USDC PERP+0.1213%1h1.1770+0.286%$12K$260K12xas long as short