Spread before costs (cost unknown: a leg has no order-book sample)−0.051%
7d average—if it closes, per $10,000$5funding while held, a day−$1.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZRO-PERP | 1.1810 | 0.0104 | pay 0.0013% / 1h | 41m 21s | $21K | — | 3x |
| Short | Bybit ZROUSDT | 1.1804 | 0.0070 | get 0.0035% / 4h | 1h 41m | $18.3M | $17.2M | 50x |
Aevo ZRO-PERP
Bybit ZROUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.08
- Funding while held
- −$1.02
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.1
- Spread needed to break even
- 0.270%
Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0034%
- Per $10,000 a day
- −$1.02
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.85 bp | 19.2 bp −$19 | 49.6 bp −$496 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1.1791cheapestBloFin1.1797+0.048%Gate1.1800+0.074%ApeX Omni1.1800+0.074%01 Exchange1.1803+0.102%
Variational Omni
BloFin
Gate
ApeX OmniBybit1.1804+0.108%
Bitget1.1806+0.125%Nado1.1807+0.134%OKX1.1808+0.142%BingX1.1809+0.150%Extended1.1809+0.150%MEXC1.1810+0.159%
Bitget
Nado
OKX
BingX
Extended
MEXCAevo1.1810+0.159%
Pacifica1.1811+0.167%Binance1.1811+0.167%Backpack1.1814+0.193%Orderly1.1814+0.193%Hyperliquid1.1816+0.210%Kraken Futures1.1817+0.214%Polymarket Perps1.1818+0.226%KuCoin1.1819+0.235%Aster1.1819+0.236%dYdX1.1823+0.270%GMX1.1830+0.331%Lighter1.1839+0.407%Injective1.1850+0.498%
Pacifica
Binance
Backpack
Orderly
Hyperliquid
Kraken Futures
Polymarket Perps
KuCoin
Aster
dYdX
GMX
Lighter
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZRO | −0.158% | +0.0100% | 4h | $2.2M | $906K | — | as long as short |
| BloFin ZRO-USDT | −0.110% | +0.0069% | 4h | $1.1M | $278K | 75x | as long as short |
| Gate ZRO_USDT | −0.085% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| ApeX Omni ZROUSDT | −0.085% | +0.0100% | 1h | $37K | $681K | 50x | as long as short |
| 01 Exchange ZROUSD | −0.057% | −0.0400% | 1h | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDTshort | −0.051% | +0.0070% | 4h | $18.3M | $17.2M | 50x | |
| Bitget ZROUSDT | −0.034% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |
| Nado ZRO-PERP | −0.024% | +0.0296% | 1h | $1.3M | $134K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | −0.017% | −0.0155% | 4h | $3.2M | $8.1M | 20x | as long as short |
| BingX ZRO-USDT | −0.008% | +0.0100% | 4h | — | $9.2M | — | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ZRO-USD | −0.008% | +0.0480% | 1h | $780K | $540K | 10x | as long as short |
| MEXC ZRO_USDT | 0.000% | +0.0100% | 4h | $17.9M | $3.8M | 125x | as long as short |
| Aevo ZRO-PERPlong | 0.000% | +0.0104% | 1h | $21K | — | 3x | |
| Pacifica ZRO | +0.008% | +0.0100% | 1h | $142K | $218K | 5x | as long as short |
| Binance ZROUSDT | +0.008% | +0.0100% | 4h | $22.5M | $35.5M | 75x | as long as short |
| Backpack ZRO_USDC_PERP | +0.034% | +0.0100% | 1h | $89K | $202K | 20x | as long as short |
| Orderly PERP_ZRO_USDC | +0.034% | +0.0041% | 4h | $21K | $7K | 10x | as long as short |
| Hyperliquid ZRO | +0.051% | +0.0100% | 1h | $37.9M | $8.3M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.055% | −0.0211% | 1h | $259K | $571K | 25x | as long as short |
| Polymarket Perps ZRO-USD | +0.068% | +0.0100% | 1h | $79K | $940K | 5x | as long as short |
| KuCoin ZROUSDTM | +0.076% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Aster ZROUSDT | +0.077% | +0.0100% | 4h | $158K | $159K | 10x | as long as short |
| dYdX ZRO-USD | +0.111% | 0.0000% | 1h | $21K | $2K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.172% | L +0.0293% / S −0.2341% | 1h | $3K | — | 100x | as long as short |
| Lighter ZRO | +0.248% | +0.0096% | 1h | $4.8M | $1.3M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.339% | +0.1143% | 1h | $12K | $124K | 12x | as long as short |