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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0404%/8hpaid last 24h +0.037%
Price spread now: Bybit against 01 Exchange−0.011%7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange ZROUSD1.1785−0.0312get 0.0039% / 1h6m 17s$7K$3K5x
ShortBybit ZROUSDT1.17840.0092get 0.0046% / 4h6m 17s$18.1M$17.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$84.75
Price spread: −0.011% → 0.000%
−$1.1
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$65.65
Costs to cover
0.180%
Break-even
1.6 days
Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago0.42 bp16.0 bp −$1644.7 bp −$447doesn'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
OKX ZRO-USDT-SWAP−0.0361%4h1.1784−0.011%$3.3M$9.1M20xas long as short
01 Exchange ZROUSDlong−0.0312%1h1.1785long leg$7K$3K5x
Kraken Futures PF_ZROUSD−0.0163%1h1.1802+0.145%$252K$587K25xas long as short
Orderly PERP_ZRO_USDC−0.0025%4h1.1795+0.082%$21K$7K10xas long as short
dYdX ZRO-USD+0.0001%1h1.1799+0.112%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0042%4h1.1783−0.020%$1.1M$272K75xas long as short
Variational Omni ZRO+0.0075%4h1.1792+0.061%$2.2M$904Kas long as short
Bybit ZROUSDTshort+0.0092%4h1.1784−0.011%$18.1M$17.0M50x
Hyperliquid ZRO+0.0100%1h1.1807+0.184%$37.5M$8.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1804+0.161%$158K$166K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ZRO+0.0100%1h1.1791+0.047%$142K$216K5xas long as short
Binance ZROUSDT+0.0100%4h1.1792+0.057%$22.3M$35.8M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1790+0.040%$1.3M$2.2M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1794+0.074%$18.3M$3.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1792+0.057%$2.5M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1790+0.040%$2.7M$2.7M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1789+0.031%$11.0Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1808+0.193%$92K$203K20xas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1790+0.040%$37K$681K50xas long as short
Polymarket Perps ZRO-USD+0.0100%1h1.1799+0.116%$80K$1.0M5xas long as short
Extended ZRO-USD+0.0104%1h1.1786+0.007%$780K$564K10xas long as short
Aevo ZRO-PERP+0.0104%1h1.1796+0.094%$21K3xas long as short
Lighter ZRO+0.0272%1h1.1825+0.339%$4.7M$1.2M5xas long as short
Nado ZRO-PERP+0.0287%1h1.1787+0.015%$1.3M$133K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1803+0.151%$3K100xas long as short
Injective ZRO/USDC PERP+0.1041%1h1.1840+0.464%$12K$165K12xas long as short