After costs, if the gap returns to its 7d average, $10k−$59
spread now−0.066%7d average−0.025%fees + slippage, in and out−$55spread needed0.551%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ZRO_USDC_PERP | 1.2152 | 0.0120 | pay 0.0015% / 1h | 8m 47s | $92K | $187K | 20x |
| Short | Bitget ZROUSDT | 1.2144 | 0.0100 | get 0.0050% / 4h | 1h 08m | $2.8M | $2.9M | 75x |
Price 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
- −$6.58
- Funding while held
- −$0.59
- Slippage, 4 orders
- −$33.11
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$62.28
- Spread needed to break even
- 0.551%
Slippage from Backpack: live order book, 46 min ago; Bitget: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0020%
- Per $10,000 a day
- −$0.59
- 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 Backpack live order book, 46 min ago | 0.41 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 2.88 bp | 24.5 bp −$24 | 51.1 bp −$511 | doesn't fit | doesn't fit |
ZRO price on every exchange
against the cheapest. Click to use as the short leg.ZRO on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZRO | −0.873% | +0.0100% | 4h | $2.4M | $808K | — | as long as short |
| ApeX Omni ZROUSDT | −0.592% | +0.0100% | 1h | $39K | $676K | 50x | as long as short |
| BloFin ZRO-USDT | −0.255% | +0.0111% | 4h | $1.1M | $287K | 75x | as long as short |
| Bybit ZROUSDT | −0.107% | +0.0100% | 4h | $18.8M | $17.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | −0.107% | +0.0004% | 4h | $3.3M | $8.3M | 20x | as long as short |
| Orderly PERP_ZRO_USDC | −0.107% | −0.0100% | 4h | $21K | $7K | 10x | as long as short |
| Gate ZRO_USDT | −0.099% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| Aevo ZRO-PERP | −0.084% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Extended ZRO-USD | −0.066% | +0.0104% | 1h | $810K | $465K | 10x | as long as short |
| Bitget ZROUSDTshort | −0.066% | +0.0100% | 4h | $2.8M | $2.9M | 75x |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | −0.066% | +0.0100% | 4h | — | $8.7M | — | as long as short |
| MEXC ZRO_USDT | −0.058% | +0.0100% | 4h | $17.8M | $3.8M | 125x | as long as short |
| Binance ZROUSDT | −0.049% | +0.0100% | 4h | $23.3M | $34.0M | 75x | as long as short |
| Kraken Futures PF_ZROUSD | −0.040% | −0.0951% | 1h | $270K | $573K | 25x | as long as short |
| dYdX ZRO-USD | −0.040% | +0.0041% | 1h | $22K | $613 | 5x | as long as short |
| Aster ZROUSDT | −0.034% | +0.0100% | 4h | $137K | $105K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.030% | L +0.0285% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Polymarket Perps ZRO-USD | −0.025% | +0.0100% | 1h | $86K | $844K | 5x | as long as short |
| Pacifica ZRO | −0.023% | +0.0100% | 1h | $147K | $220K | 5x | as long as short |
| Nado ZRO-PERP | −0.010% | +0.0367% | 1h | $1.4M | $118K | 5x | as long as short |
| KuCoin ZROUSDTM | −0.008% | +0.0100% | 4h | $2.6M | $1.3M | 50x | as long as short |
| Backpack ZRO_USDC_PERPlong | 0.000% | +0.0120% | 1h | $92K | $187K | 20x | |
| Lighter ZRO | +0.124% | +0.0096% | 1h | $4.9M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.132% | +0.0342% | 1h | $40.1M | $7.3M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.148% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |
Backpack ZRO_USDC_PERP
Bitget ZROUSDT
Variational Omni
ApeX Omni
BloFin
Bybit
OKX
Gate
Extended
BingX
MEXC
Binance
Kraken Futures
Aster
GMX
Polymarket Perps
Pacifica
KuCoin
Lighter
Hyperliquid
Injective