Spread before costs (cost unknown: a leg has no order-book sample)+0.001%
7d average—if it closes, per $10,000$0funding while held, a day−$17.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZRO-PERP | 1.2061 | 0.0104 | pay 0.0013% / 1h | 41m 03s | $21K | — | 3x |
| Short | Kraken Futures PF_ZROUSD | 1.2061 | −0.0486 | pay 0.0061% / 1h | 41m 03s | $267K | $575K | 25x |
Aevo ZRO-PERP
Kraken Futures PF_ZROUSDPrice 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
- $0.12
- Funding while held
- −$17.69
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$43.58
- Spread needed to break even
- 0.260%
Slippage unknown: Aevo: no order-book sample; Kraken Futures: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0590%
- Per $10,000 a day
- −$17.69
- 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 Kraken Futures live order book, 8 min ago | 18.85 bp | 47.4 bp −$47 | 136.6 bp −$1,366 | 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.Bybit1.2038cheapestOKX1.2042+0.033%Binance1.2042+0.034%Bitget1.2043+0.042%Extended1.2044+0.050%BingX1.2046+0.066%Gate1.2050+0.100%KuCoin1.2056+0.150%Backpack1.2058+0.166%
Bybit
OKX
Binance
Bitget
Extended
BingX
Gate
KuCoin
BackpackAevo1.2061+0.193%
Kraken Futures1.2061+0.194%
MEXC1.2064+0.216%01 Exchange1.2066+0.232%Lighter1.2067+0.242%Hyperliquid1.2068+0.249%Orderly1.2069+0.258%Nado1.2072+0.282%GMX1.2074+0.296%Pacifica1.2075+0.311%BloFin1.2077+0.324%Polymarket Perps1.2078+0.332%Aster1.2078+0.336%dYdX1.2080+0.351%ApeX Omni1.2090+0.432%Injective1.2090+0.432%Variational Omni1.2142+0.865%
MEXC
Lighter
Hyperliquid
Orderly
Nado
GMX
Pacifica
BloFin
Polymarket Perps
Aster
dYdX
ApeX Omni
Injective
Variational OmniZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | −0.192% | +0.0100% | 4h | $18.6M | $17.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | −0.159% | −0.0015% | 4h | $3.3M | $8.2M | 20x | as long as short |
| Binance ZROUSDT | −0.158% | +0.0100% | 4h | $23.1M | $34.2M | 75x | as long as short |
| Bitget ZROUSDT | −0.151% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| Extended ZRO-USD | −0.142% | +0.0104% | 1h | $806K | $470K | 10x | as long as short |
| BingX ZRO-USDT | −0.126% | +0.0100% | 4h | — | $8.6M | — | as long as short |
| Gate ZRO_USDT | −0.093% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| KuCoin ZROUSDTM | −0.043% | +0.0100% | 4h | $2.5M | $1.3M | 50x | as long as short |
| Backpack ZRO_USDC_PERP | −0.026% | +0.0277% | 1h | $91K | $188K | 20x | as long as short |
| Aevo ZRO-PERPlong | 0.000% | +0.0104% | 1h | $21K | — | 3x |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZROUSDshort | +0.001% | −0.0486% | 1h | $267K | $575K | 25x | |
| MEXC ZRO_USDT | +0.023% | +0.0100% | 4h | $18.0M | $3.8M | 125x | as long as short |
| 01 Exchange ZROUSD | +0.039% | −0.0280% | 1h | $7K | $3K | 5x | as long as short |
| Lighter ZRO | +0.049% | +0.0096% | 1h | $4.9M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.057% | +0.0175% | 1h | $39.8M | $7.3M | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.065% | −0.0100% | 4h | $21K | $7K | 10x | as long as short |
| Nado ZRO-PERP | +0.089% | +0.0373% | 1h | $1.3M | $118K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.104% | L +0.0285% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Pacifica ZRO | +0.118% | +0.0100% | 1h | $146K | $220K | 5x | as long as short |
| BloFin ZRO-USDT | +0.131% | +0.0070% | 4h | $1.1M | $286K | 75x | as long as short |
| Polymarket Perps ZRO-USD | +0.139% | +0.0100% | 1h | $87K | $833K | 5x | as long as short |
| Aster ZROUSDT | +0.143% | +0.0100% | 4h | $137K | $105K | 10x | as long as short |
| dYdX ZRO-USD | +0.158% | +0.0002% | 1h | $22K | $759 | 5x | as long as short |
| ApeX Omni ZROUSDT | +0.239% | +0.0100% | 1h | $38K | $678K | 50x | as long as short |
| Injective ZRO/USDC PERP | +0.239% | +0.1142% | 1h | $13K | $173K | 12x | as long as short |
| Variational Omni ZRO | +0.671% | +0.0100% | 4h | $2.4M | $811K | — | as long as short |