Spread before costs (cost unknown: a leg has no order-book sample)+0.062%
7d average—if it closes, per $10,000$6funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZRO-PERP | 1.1803 | 0.0104 | pay 0.0013% / 1h | 36m 39s | $21K | — | 3x |
| Short | Gate ZRO_USDT | 1.1810 | 0.0100 | get 0.0050% / 4h | 1h 36m | $1.4M | $2.2M | 75x |
Aevo ZRO-PERP
Gate ZRO_USDTPrice 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
- $6.23
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$24.89
- Spread needed to break even
- 0.310%
Slippage unknown: Aevo: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Gate live order book, 3 min ago | 4.24 bp | 26.0 bp −$26 | 65.6 bp −$656 | 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.BloFin1.1796cheapest01 Exchange1.1799+0.026%Extended1.1799+0.029%Bitget1.1800+0.034%Nado1.1801+0.038%Variational Omni1.1801+0.043%
BloFin
Extended
Bitget
Nado
Variational OmniAevo1.1803+0.056%
Bybit1.1803+0.059%Orderly1.1803+0.059%Pacifica1.1804+0.065%MEXC1.1805+0.076%BingX1.1805+0.076%Polymarket Perps1.1808+0.102%Binance1.1809+0.110%OKX1.1809+0.110%Backpack1.1809+0.110%Hyperliquid1.1810+0.119%
Bybit
Orderly
Pacifica
MEXC
BingX
Polymarket Perps
Binance
OKX
Backpack
HyperliquidGate1.1810+0.119%
dYdX1.1813+0.144%Kraken Futures1.1814+0.153%GMX1.1817+0.177%KuCoin1.1819+0.195%Aster1.1820+0.203%ApeX Omni1.1830+0.288%Lighter1.1833+0.310%Injective1.1860+0.543%
dYdX
Kraken Futures
GMX
KuCoin
Aster
ApeX Omni
Lighter
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ZRO-USDT | −0.056% | +0.0134% | 4h | $1.1M | $275K | 75x | as long as short |
| 01 Exchange ZROUSD | −0.030% | −0.0456% | 1h | $7K | $3K | 5x | as long as short |
| Extended ZRO-USD | −0.027% | +0.0360% | 1h | $780K | $558K | 10x | as long as short |
| Bitget ZROUSDT | −0.022% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |
| Nado ZRO-PERP | −0.018% | +0.0312% | 1h | $1.3M | $133K | 5x | as long as short |
| Variational Omni ZRO | −0.014% | +0.0100% | 4h | $2.2M | $906K | — | as long as short |
| Aevo ZRO-PERPlong | 0.000% | +0.0104% | 1h | $21K | — | 3x | |
| Bybit ZROUSDT | +0.003% | +0.0012% | 4h | $18.2M | $17.1M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | +0.003% | +0.0035% | 4h | $21K | $7K | 10x | as long as short |
| Pacifica ZRO | +0.008% | +0.0100% | 1h | $142K | $212K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.020% | +0.0100% | 4h | $17.9M | $3.8M | 125x | as long as short |
| BingX ZRO-USDT | +0.020% | +0.0100% | 4h | — | $9.1M | — | as long as short |
| Polymarket Perps ZRO-USD | +0.045% | +0.0100% | 1h | $79K | $934K | 5x | as long as short |
| Binance ZROUSDT | +0.054% | +0.0100% | 4h | $22.5M | $35.5M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | +0.054% | −0.0187% | 4h | $3.2M | $8.1M | 20x | as long as short |
| Backpack ZRO_USDC_PERP | +0.054% | +0.0100% | 1h | $89K | $202K | 20x | as long as short |
| Hyperliquid ZRO | +0.062% | +0.0100% | 1h | $37.8M | $8.3M | 5x | as long as short |
| Gate ZRO_USDTshort | +0.062% | +0.0100% | 4h | $1.4M | $2.2M | 75x | |
| dYdX ZRO-USD | +0.088% | 0.0000% | 1h | $21K | $2K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.096% | −0.0211% | 1h | $259K | $570K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.120% | L +0.0293% / S −0.2341% | 1h | $3K | — | 100x | as long as short |
| KuCoin ZROUSDTM | +0.139% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Aster ZROUSDT | +0.146% | +0.0100% | 4h | $158K | $160K | 10x | as long as short |
| ApeX Omni ZROUSDT | +0.232% | +0.0100% | 1h | $37K | $680K | 50x | as long as short |
| Lighter ZRO | +0.254% | +0.0096% | 1h | $4.7M | $1.3M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.486% | +0.1143% | 1h | $12K | $124K | 12x | as long as short |