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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0532%/8h= +58.3% APRpaid last 24h +0.051%
Price spread now: BingX against 01 Exchange+0.003%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZROUSD1.1809−0.0432get 0.0054% / 1h8m 36s$7K$3K5x
ShortBingX ZRO-USDT1.18090.0100get 0.0050% / 4h2h 08m$10.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$111.72
Price spread: +0.003% → 0.000%
$0.34
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
$95.06
Costs to cover
0.170%
Break-even
1.0 days
Slippage unknown: 01 Exchange: no order-book sample; BingX: live order book, 14 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 BingX live order book, 14 min ago2.95 bp8.8 bp −$99.5 bp −$9526.2 bp −$2,61856.7 bp −$28.4K
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−0.0432%1h1.1809long leg$7K$3K5x
Orderly PERP_ZRO_USDC−0.0050%4h1.1817+0.071%$21K$7K10xas long as short
dYdX ZRO-USD+0.0060%1h1.1814+0.050%$21K$2K5xas long as short
Lighter ZRO+0.0096%1h1.1814+0.047%$4.5M$1.4M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1829+0.173%$37.5M$6.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1816+0.064%$158K$160K10xas long as short
Pacifica ZRO+0.0100%1h1.1813+0.041%$138K$191K5xas long as short
Binance ZROUSDT+0.0100%4h1.1812+0.026%$22.3M$32.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1804−0.039%$18.1M$15.5M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1807−0.014%$3.2M$8.9M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1820+0.097%$1.3M$2.0M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1815+0.054%$19.1M$3.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1815+0.054%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1814+0.046%$2.7M$2.5M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1809+0.003%$10.9M
Backpack ZRO_USDC_PERP+0.0100%1h1.1821+0.105%$95K$206K20xas long as short
Variational Omni ZRO+0.0100%4h1.1777−0.266%$2.2M$861Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1790−0.158%$37K$681K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1823+0.122%$88K$913K5xas long as short
Aevo ZRO-PERP+0.0104%1h1.1820+0.097%$21K3xas long as short
BloFin ZRO-USDT+0.0106%4h1.1777−0.268%$1.1M$264K75xas long as short
Nado ZRO-PERP+0.0172%1h1.1806−0.023%$1.3M$130K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1824+0.127%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0317%1h1.1831+0.187%$251K$569K25xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1830+0.181%$12K$175K12xas long as short
Extended ZRO-USD+0.2128%1h1.1810+0.014%$784K$539K10xas long as short