ZRO

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.348%

7d average—if it closes, per $10,000$35funding while held, a day+$0.12

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZROUSDT	1.1749	0.0100	pay 0.0050% / 4h	2h 35m	$157K	$156K	10x
Short	Aevo ZRO-PERP	1.1708	0.0104	get 0.0013% / 1h	35m 37s	$21K	—	3x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee AsterbpFee AevobpOrdersClose when spread is

Spread captured: −$34.78
Funding while held: $0.12
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$58.66
Spread needed to break even: 0.240%

Slippage unknown: Aster: live order book, 2 min ago; Aevo: no order-book sample. 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 Aster live order book, 2 min ago	4.70 bp	37.2 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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 on 26 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni ZRO	−0.787%	+0.0100%	4h	$2.2M	$894K	—	as long as short
BloFin ZRO-USDT	−0.414%	+0.0109%	4h	$1.1M	$273K	75x	as long as short
GMX ZRO/USD [ETH-USDC]	−0.385%	L +0.0282% / S −0.2124%	1h	$3K	—	100x	as long as short
Nado ZRO-PERP	−0.384%	+0.0291%	1h	$1.3M	$132K	5x	as long as short
Polymarket Perps ZRO-USD	−0.372%	+0.0100%	1h	$80K	$853K	5x	as long as short
Orderly PERP_ZRO_USDC	−0.363%	−0.0007%	4h	$20K	$7K	10x	as long as short
Aevo ZRO-PERPshort	−0.348%	+0.0104%	1h	$21K	—	3x
Kraken Futures PF_ZROUSD	−0.215%	+0.0098%	1h	$259K	$572K	25x	as long as short
KuCoin ZROUSDTM	−0.159%	+0.0100%	4h	$2.5M	$1.6M	50x	as long as short
Backpack ZRO_USDC_PERP	−0.082%	−0.0345%	1h	$92K	$203K	20x	as long as short

Show all 26 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ZRO_USDT	−0.074%	+0.0100%	4h	$1.3M	$2.2M	75x	as long as short
ApeX Omni ZROUSDT	−0.074%	+0.0100%	1h	$37K	$680K	50x	as long as short
Bybit ZROUSDT	−0.031%	+0.0100%	4h	$18.2M	$17.7M	50x	as long as short
Aster ZROUSDTlong	0.000%	+0.0100%	4h	$157K	$156K	10x
Binance ZROUSDT	0.000%	+0.0100%	4h	$22.6M	$35.0M	75x	as long as short
Pacifica ZRO	+0.029%	+0.0100%	1h	$141K	$222K	5x	as long as short
OKX ZRO-USDT-SWAP	+0.029%	+0.0100%	4h	$3.2M	$8.0M	20x	as long as short
BingX ZRO-USDT	+0.029%	+0.0100%	4h	—	$9.1M	—	as long as short
Bitget ZROUSDT	+0.046%	+0.0100%	4h	$2.7M	$2.8M	75x	as long as short
Extended ZRO-USD	+0.050%	+0.0304%	1h	$777K	$535K	10x	as long as short
dYdX ZRO-USD	+0.072%	+0.0006%	1h	$21K	$2K	5x	as long as short
Hyperliquid ZRO	+0.088%	+0.0100%	1h	$38.3M	$7.9M	5x	as long as short
MEXC ZRO_USDT	+0.097%	+0.0100%	4h	$17.9M	$3.9M	125x	as long as short
Injective ZRO/USDC PERP	+0.182%	+0.1291%	1h	$12K	$122K	12x	as long as short
01 Exchange ZROUSD	+0.224%	+0.0112%	1h	$7K	$3K	5x	as long as short
Lighter ZRO	+0.233%	+0.0528%	1h	$4.7M	$1.3M	5x	as long as short

ZRO