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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.071%
Price spread now: ApeX Omni against 01 Exchange−0.426%55s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.426% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.426% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$43 on $10k: about 7.9 days of funding at the current rate (+$5 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZROUSD1.1820−0.0080get 0.0010% / 1h25m 35s$7K$3K5x
ShortApeX Omni ZROUSDT1.17700.0100get 0.0013% / 1h25m 35s$37K$688K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$37.8
Price spread: −0.426% → 0.000%
−$42.55
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$21.75
Costs to cover
0.170%
Break-even
11.0 days
Slippage unknown: 01 Exchange: no order-book sample; ApeX Omni: live order book, 48 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 01 Exchange no order-book sample
Sell ApeX Omni live order book, 48 min ago12.78 bp21.7 bp −$22119.4 bp −$1,194doesn't fitdoesn't fit
01 Exchange: 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
01 Exchange ZROUSDlong−0.0080%1h1.1820long leg$7K$3K5x
Orderly PERP_ZRO_USDC+0.0012%4h1.1830+0.082%$21K$6K10xas long as short
BloFin ZRO-USDT+0.0060%4h1.1801−0.163%$1.1M$254K75xas long as short
Lighter ZRO+0.0096%1h1.1841+0.177%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1841+0.173%$37.5M$5.8M5xas long as short
Aster ZROUSDT+0.0100%4h1.1838+0.147%$158K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1828+0.068%$137K$170K5xas long as short
Binance ZROUSDT+0.0100%4h1.1828+0.069%$22.2M$30.2M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1825+0.040%$18.1M$14.1M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1830+0.082%$3.2M$8.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1830+0.082%$1.4M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1830+0.082%$19.2M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1818−0.019%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1820−0.003%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1827+0.057%$14.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1824+0.027%$2.3M$854Kas long as short
ApeX Omni ZROUSDTshort+0.0100%1h1.1770−0.426%$37K$688K50x
Polymarket Perps ZRO-USD+0.0100%1h1.1834+0.116%$92K$828K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1825+0.040%$21K3xas long as short
dYdX ZRO-USD+0.0246%1h1.1824+0.031%$21K$3K5xas long as short
Nado ZRO-PERP+0.0289%1h1.1823+0.022%$1.3M$129K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1830+0.080%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0300%1h1.1844+0.201%$254K$410K25xas long as short
Backpack ZRO_USDC_PERP+0.0379%1h1.1836+0.133%$100K$204K20xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1840+0.167%$12K$260K12xas long as short
Extended ZRO-USD+0.1360%1h1.1824+0.028%$788K$589K10xas long as short