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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.064%
Price spread now: Aevo against 01 Exchange+0.023%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.023% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZROUSD1.16670get 0.0000% / 1h54m 56s$4K$5K5x
ShortAevo ZRO-PERP1.16700.0104get 0.0013% / 1h54m 56s$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against 01 Exchange. 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
$21.84
Price spread: +0.023% → 0.000%
$2.31
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
$1.15
Costs to cover
0.230%
Break-even
6.6 days
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample
Sell Aevo no order-book sample
01 Exchange 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
dYdX ZRO-USD0.0000%1h1.1678+0.093%$21K$5K5xas long as short
01 Exchange ZROUSDlong0.0000%1h1.1667long leg$4K$5K5x
Orderly PERP_ZRO_USDC+0.0078%4h1.1677+0.083%$20K$4K10xas long as short
BloFin ZRO-USDT+0.0085%4h1.1674+0.057%$1.0M$202K75xas long as short
Lighter ZRO+0.0096%1h1.1697+0.255%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1690+0.195%$37.1M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1687+0.167%$158K$151K10xas long as short
Pacifica ZRO+0.0100%1h1.1678+0.093%$137K$174K5xas long as short
Binance ZROUSDT+0.0100%4h1.1671+0.029%$21.8M$29.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1669+0.015%$17.9M$13.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1667−0.003%$3.2M$7.8M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1670+0.023%$1.3M$1.4M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1671+0.032%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1688+0.177%$2.4M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1671+0.032%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1671+0.032%$16.6Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1680+0.109%$96K$221K20xas long as short
Variational Omni ZRO+0.0100%4h1.1677+0.083%$2.3M$812Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1720+0.452%$39K$672K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1683+0.135%$99K$819K5xas long as short
Aevo ZRO-PERPshort+0.0104%1h1.1670+0.023%$21K3x
Nado ZRO-PERP+0.0243%1h1.1675+0.068%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1677+0.079%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0515%1h1.1686+0.156%$253K$333K25xas long as short
Extended ZRO-USD+0.0856%1h1.1667−0.005%$799K$625K10xas long as short
Injective ZRO/USDC PERP+0.1317%1h1.1730+0.537%$12K$261K12xas long as short