Spread before costs (cost unknown: a leg has no order-book sample)+0.011%
7d average—if it closes, per $10,000$1funding while held, a day−$2.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZRO-PERP | 1.1682 | 0.0104 | pay 0.0013% / 1h | 21m 24s | $21K | — | 3x |
| Short | Orderly PERP_ZRO_USDC | 1.1683 | 0.0007 | get 0.0003% / 4h | 2h 21m | $20K | $7K | 10x |
Aevo ZRO-PERP
Orderly PERP_ZRO_USDCPrice 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
- $1.06
- Funding while held
- −$2.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$23.85
- Spread needed to break even
- 0.220%
Slippage unknown: Aevo: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0097%
- Per $10,000 a day
- −$2.92
- 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 Orderly no order-book sample | — | — | — | — | — |
Aevo and Orderly: 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.BloFin1.1646cheapestBybit1.1668+0.189%Nado1.1670+0.204%OKX1.1670+0.206%Gate1.1670+0.206%Binance1.1672+0.223%MEXC1.1672+0.223%01 Exchange1.1673+0.229%Bitget1.1673+0.232%BingX1.1675+0.249%Pacifica1.1678+0.273%Extended1.1679+0.279%Hyperliquid1.1680+0.292%
BloFin
Bybit
Nado
OKX
Gate
Binance
MEXC
Bitget
BingX
Pacifica
Extended
HyperliquidAevo1.1682+0.307%
Polymarket Perps1.1683+0.318%
Polymarket PerpsOrderly1.1683+0.318%
Kraken Futures1.1686+0.339%Backpack1.1688+0.361%KuCoin1.1689+0.369%Aster1.1689+0.370%dYdX1.1694+0.412%GMX1.1694+0.413%Lighter1.1696+0.431%Variational Omni1.1719+0.624%ApeX Omni1.1720+0.635%Injective1.1760+0.979%
Kraken Futures
Backpack
KuCoin
Aster
dYdX
GMX
Lighter
Variational Omni
ApeX Omni
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ZRO-USDT | −0.306% | +0.0148% | 4h | $1.1M | $273K | 75x | as long as short |
| Bybit ZROUSDT | −0.118% | +0.0100% | 4h | $18.1M | $17.6M | 50x | as long as short |
| Nado ZRO-PERP | −0.102% | +0.0268% | 1h | $1.3M | $135K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | −0.101% | +0.0059% | 4h | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | −0.101% | +0.0100% | 4h | $1.3M | $2.2M | 75x | as long as short |
| Binance ZROUSDT | −0.084% | +0.0100% | 4h | $22.4M | $35.3M | 75x | as long as short |
| MEXC ZRO_USDT | −0.084% | +0.0100% | 4h | $17.8M | $3.9M | 125x | as long as short |
| 01 Exchange ZROUSD | −0.078% | −0.0032% | 1h | $7K | $3K | 5x | as long as short |
| Bitget ZROUSDT | −0.075% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| BingX ZRO-USDT | −0.058% | +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 | |
|---|---|---|---|---|---|---|---|
| Pacifica ZRO | −0.034% | +0.0100% | 1h | $140K | $219K | 5x | as long as short |
| Extended ZRO-USD | −0.028% | +0.0520% | 1h | $773K | $535K | 10x | as long as short |
| Hyperliquid ZRO | −0.015% | +0.0100% | 1h | $37.9M | $8.0M | 5x | as long as short |
| Aevo ZRO-PERPlong | 0.000% | +0.0104% | 1h | $21K | — | 3x | |
| Polymarket Perps ZRO-USD | +0.011% | +0.0100% | 1h | $79K | $941K | 5x | as long as short |
| Orderly PERP_ZRO_USDCshort | +0.011% | +0.0007% | 4h | $20K | $7K | 10x | |
| Kraken Futures PF_ZROUSD | +0.032% | +0.0098% | 1h | $257K | $576K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.053% | −0.0378% | 1h | $91K | $202K | 20x | as long as short |
| KuCoin ZROUSDTM | +0.062% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Aster ZROUSDT | +0.063% | +0.0100% | 4h | $156K | $157K | 10x | as long as short |
| dYdX ZRO-USD | +0.104% | +0.0004% | 1h | $21K | $2K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.105% | L +0.0281% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Lighter ZRO | +0.124% | +0.0424% | 1h | $4.7M | $1.3M | 5x | as long as short |
| Variational Omni ZRO | +0.316% | +0.0100% | 4h | $2.2M | $894K | — | as long as short |
| ApeX Omni ZROUSDT | +0.327% | +0.0100% | 1h | $37K | $681K | 50x | as long as short |
| Injective ZRO/USDC PERP | +0.670% | +0.1291% | 1h | $12K | $124K | 12x | as long as short |