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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment $0.08 per $10,000 · paid last 24h +0.011%
Price spread now: BloFin against Variational Omni−0.146%7-day average +0.054% · 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 3 days (all we have)+0.014%+$1 on $10k
Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.146%, 7d avg +0.054%
Together, before fees+0.176%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.200% cheaper against Variational Omni than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.054%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZRO1.17510.0100pay 0.0050% / 4h24m 26s$2.3M$879K
ShortBloFin ZRO-USDT1.17340.0083get 0.0042% / 4h24m 26s$1.1M$255K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
−$3.49
Price spread: −0.146% → +0.054%
−$20.01
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.5
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; BloFin: live order book, 3 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 Variational Omni RFQ quote, 5 min ago4.90 bpdoesn't fit39.9 bp −$399doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.43 bp22.1 bp −$2245.1 bp −$451doesn'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−0.0168%1h1.1736−0.131%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0005%4h1.1740−0.095%$21K$7K10xas long as short
BloFin ZRO-USDTshort+0.0083%4h1.1734−0.146%$1.1M$255K75x
Lighter ZRO+0.0096%1h1.1751−0.005%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1746−0.046%$37.2M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1748−0.026%$157K$153K10xas long as short
Pacifica ZRO+0.0100%1h1.1741−0.084%$136K$177K5xas long as short
Binance ZROUSDT+0.0100%4h1.1740−0.091%$22.0M$31.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1735−0.137%$17.9M$14.6M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1739−0.103%$3.2M$8.3M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1730−0.180%$1.3M$1.8M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1740−0.095%$19.1M$2.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1729−0.188%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1744−0.061%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1741−0.086%$10.7Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1747−0.035%$100K$207K20xas long as short
Variational Omni ZROlong+0.0100%4h1.1751long leg$2.3M$879K
ApeX Omni ZROUSDT+0.0100%1h1.1730−0.180%$37K$686K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1744−0.061%$94K$825K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1735−0.137%$21K3xas long as short
dYdX ZRO-USD+0.0131%1h1.1742−0.082%$21K$2K5xas long as short
Kraken Futures PF_ZROUSD+0.0133%1h1.1753+0.019%$252K$434K25xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1743−0.071%$3K100xas long as short
Nado ZRO-PERP+0.0340%1h1.1745−0.052%$1.3M$125K5xas long as short
Injective ZRO/USDC PERP+0.1159%1h1.1820+0.586%$12K$260K12xas long as short
Extended ZRO-USD+0.2024%1h1.1735−0.136%$784K$610K10xas long as short