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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Polymarket Perps+0.122%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1741.744% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.005%$0 on $10k
Price spread, last 3 days (all we have)−0.299%−$30 · spread now +0.122%, 7d avg −0.017%
Together, before fees−0.294%+ Points / potential airdropAster: Stage 5 · 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: Aster is 0.139% dearer against Polymarket Perps than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.18220.0100pay 0.0013% / 1h5m 55s$93K$840K5x
ShortAster ZROUSDT1.18360.0100get 0.0050% / 4h3h 05m$158K$149K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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: +0.122% → −0.017%
$13.91
Slippage, 4 orders
−$158.43
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$160.51
Costs to cover
1.744%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 27 min ago; Aster: live order book, 65 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 Polymarket Perps live order book, 27 min ago2.55 bp6.6 bp −$713.2 bp −$132doesn't fitdoesn't fit
Sell Aster live order book, 65 min ago4.68 bp26.6 bp −$27doesn'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−0.0112%1h1.1799−0.196%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0008%4h1.1818−0.034%$21K$6K10xas long as short
BloFin ZRO-USDT+0.0059%4h1.1857+0.296%$1.1M$258K75xas long as short
Lighter ZRO+0.0096%1h1.1842+0.165%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1831+0.076%$37.5M$5.6M5xas long as short
Aster ZROUSDTshort+0.0100%4h1.1836+0.122%$158K$149K10x
Pacifica ZRO+0.0100%1h1.1831+0.072%$137K$168K5xas long as short
Binance ZROUSDT+0.0100%4h1.1815−0.061%$22.2M$30.0M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1819−0.025%$18.1M$14.0M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1818−0.034%$3.2M$8.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1820−0.017%$1.4M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1814−0.068%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1829+0.059%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1818−0.034%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1826+0.034%$16.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1804−0.154%$2.3M$847Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1870+0.406%$37K$686K50xas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1822long leg$93K$840K5x
Aevo ZRO-PERP+0.0104%1h1.1816−0.052%$21K3xas long as short
dYdX ZRO-USD+0.0185%1h1.1844+0.189%$21K$3K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1821−0.012%$3K100xas long as short
Nado ZRO-PERP+0.0293%1h1.1819−0.022%$1.3M$126K5xas long as short
Kraken Futures PF_ZROUSD+0.0300%1h1.1833+0.097%$254K$408K25xas long as short
Backpack ZRO_USDC_PERP+0.0439%1h1.18220.000%$98K$207K20xas long as short
Extended ZRO-USD+0.1160%1h1.1816−0.053%$792K$613K10xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1920+0.829%$12K$260K12xas long as short