Spread before costs (cost unknown: a leg has no order-book sample)+0.295%
7d average—if it closes, per $10,000$29funding while held, a day+$7.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZRO-PERP | 1.2139 | 0.0104 | pay 0.0013% / 1h | 6m 26s | $21K | — | 3x |
| Short | Hyperliquid ZRO | 1.2175 | 0.0348 | get 0.0043% / 1h | 6m 26s | $40.1M | $7.3M | 5x |
Aevo ZRO-PERP
Hyperliquid ZROPrice 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
- $29.49
- Funding while held
- $7.32
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $11.81
- Spread needed to break even
- 0.250%
Slippage unknown: Aevo: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0244%
- Per $10,000 a day
- +$7.32
- 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 Hyperliquid live order book, 8 min ago | 1.67 bp | 11.8 bp −$12 | doesn't fit | 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 Omni1.2046cheapestApeX Omni1.2080+0.283%01 Exchange1.2136+0.745%OKX1.2136+0.748%
Variational Omni
ApeX Omni
OKXAevo1.2139+0.774%
Bybit1.2141+0.789%BingX1.2146+0.831%Extended1.2148+0.847%Orderly1.2149+0.856%Binance1.2153+0.885%Bitget1.2154+0.897%MEXC1.2155+0.906%Nado1.2155+0.906%GMX1.2155+0.907%Polymarket Perps1.2159+0.939%Gate1.2160+0.947%Pacifica1.2162+0.960%BloFin1.2164+0.980%KuCoin1.2166+0.997%dYdX1.2168+1.010%Aster1.2169+1.019%Injective1.2170+1.030%Kraken Futures1.2171+1.036%Lighter1.2172+1.048%Backpack1.2173+1.055%
Bybit
BingX
Extended
Orderly
Binance
Bitget
MEXC
Nado
GMX
Polymarket Perps
Gate
Pacifica
BloFin
KuCoin
dYdX
Aster
Injective
Kraken Futures
Lighter
BackpackHyperliquid1.2175+1.071%
ZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZRO | −0.768% | +0.0100% | 4h | $2.4M | $808K | — | as long as short |
| ApeX Omni ZROUSDT | −0.487% | +0.0100% | 1h | $39K | $676K | 50x | as long as short |
| 01 Exchange ZROUSD | −0.028% | −0.0576% | 1h | $7K | $3K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | −0.026% | +0.0005% | 4h | $3.3M | $8.3M | 20x | as long as short |
| Aevo ZRO-PERPlong | 0.000% | +0.0104% | 1h | $21K | — | 3x | |
| Bybit ZROUSDT | +0.016% | +0.0100% | 4h | $18.8M | $17.2M | 50x | as long as short |
| BingX ZRO-USDT | +0.057% | +0.0100% | 4h | — | $8.6M | — | as long as short |
| Extended ZRO-USD | +0.073% | +0.0104% | 1h | $810K | $465K | 10x | as long as short |
| Orderly PERP_ZRO_USDC | +0.082% | −0.0099% | 4h | $21K | $7K | 10x | as long as short |
| Binance ZROUSDT | +0.111% | +0.0100% | 4h | $23.3M | $34.0M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ZROUSDT | +0.123% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| MEXC ZRO_USDT | +0.131% | +0.0100% | 4h | $17.8M | $3.8M | 125x | as long as short |
| Nado ZRO-PERP | +0.131% | +0.0380% | 1h | $1.4M | $118K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.133% | L +0.0285% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Polymarket Perps ZRO-USD | +0.164% | +0.0100% | 1h | $86K | $839K | 5x | as long as short |
| Gate ZRO_USDT | +0.172% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| Pacifica ZRO | +0.185% | +0.0100% | 1h | $147K | $220K | 5x | as long as short |
| BloFin ZRO-USDT | +0.205% | +0.0126% | 4h | $1.1M | $288K | 75x | as long as short |
| KuCoin ZROUSDTM | +0.222% | +0.0100% | 4h | $2.6M | $1.3M | 50x | as long as short |
| dYdX ZRO-USD | +0.235% | +0.0047% | 1h | $22K | $759 | 5x | as long as short |
| Aster ZROUSDT | +0.243% | +0.0100% | 4h | $137K | $105K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.255% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |
| Kraken Futures PF_ZROUSD | +0.260% | −0.0949% | 1h | $271K | $573K | 25x | as long as short |
| Lighter ZRO | +0.273% | +0.0096% | 1h | $4.9M | $1.3M | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.279% | +0.0157% | 1h | $92K | $187K | 20x | as long as short |
| Hyperliquid ZROshort | +0.295% | +0.0348% | 1h | $40.1M | $7.3M | 5x |