After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.052%7d average+0.009%fees + slippage, in and out−$43spread needed0.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1878 | 0.0100 | pay 0.0050% / 4h | 16m 20s | $22.7M | $34.7M | 75x |
| Short | Backpack ZRO_USDC_PERP | 1.1884 | 0.0100 | get 0.0013% / 1h | 16m 20s | $93K | $193K | 20x |
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
- $5.21
- Funding while held
- $0
- Slippage, 4 orders
- −$23.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$38.16
- Spread needed to break even
- 0.434%
Slippage from Binance: live order book, 12 min ago; Backpack: live order book, 33 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Binance live order book, 12 min ago | 1.26 bp | 14.7 bp −$15 | 37.1 bp −$371 | 314.8 bp −$31.5K | doesn't fit |
| Sell Backpack live order book, 33 min ago | 0.41 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
ZRO price on every exchange
against the cheapest. Click to use as the short leg.ZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ZROUSDT | −0.150% | +0.0100% | 1h | $37K | $680K | 50x | as long as short |
| Variational Omni ZRO | −0.112% | +0.0100% | 4h | $2.4M | $817K | — | as long as short |
| KuCoin ZROUSDTM | −0.057% | +0.0100% | 4h | $2.4M | $1.3M | 50x | as long as short |
| Bybit ZROUSDT | −0.049% | +0.0100% | 4h | $18.3M | $17.8M | 50x | as long as short |
| BingX ZRO-USDT | −0.049% | +0.0100% | 4h | — | $9.0M | — | as long as short |
| OKX ZRO-USDT-SWAP | −0.041% | +0.0058% | 4h | $3.2M | $8.2M | 20x | as long as short |
| dYdX ZRO-USD | −0.022% | +0.0001% | 1h | $21K | $870 | 5x | as long as short |
| Bitget ZROUSDT | −0.007% | +0.0100% | 4h | $2.7M | $3.0M | 75x | as long as short |
| Binance ZROUSDTlong | 0.000% | +0.0100% | 4h | $22.7M | $34.7M | 75x | |
| Extended ZRO-USD | +0.002% | +0.0104% | 1h | $791K | $473K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica ZRO | +0.007% | +0.0100% | 1h | $143K | $221K | 5x | as long as short |
| MEXC ZRO_USDT | +0.010% | +0.0100% | 4h | $17.7M | $3.9M | 125x | as long as short |
| Nado ZRO-PERP | +0.017% | +0.0309% | 1h | $1.3M | $120K | 5x | as long as short |
| Gate ZRO_USDT | +0.018% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| Aevo ZRO-PERP | +0.027% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Orderly PERP_ZRO_USDC | +0.027% | −0.0082% | 4h | $21K | $7K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.038% | L +0.0283% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Aster ZROUSDT | +0.044% | +0.0100% | 4h | $134K | $107K | 10x | as long as short |
| Backpack ZRO_USDC_PERPshort | +0.052% | +0.0100% | 1h | $93K | $193K | 20x | |
| BloFin ZRO-USDT | +0.052% | +0.0141% | 4h | $1.1M | $282K | 75x | as long as short |
| Polymarket Perps ZRO-USD | +0.069% | +0.0100% | 1h | $83K | $836K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.077% | −0.0493% | 1h | $264K | $574K | 25x | as long as short |
| 01 Exchange ZROUSD | +0.095% | −0.0120% | 1h | $7K | $3K | 5x | as long as short |
| Lighter ZRO | +0.138% | +0.0096% | 1h | $4.8M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.178% | +0.0314% | 1h | $39.1M | $7.4M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.355% | +0.1142% | 1h | $12K | $173K | 12x | as long as short |
Binance ZROUSDT
Backpack ZRO_USDC_PERP
ApeX Omni
Variational Omni
KuCoin
Bybit
BingX
OKX
Bitget
Extended
Pacifica
MEXC
Gate
GMX
Aster
BloFin
Polymarket Perps
Kraken Futures
Lighter
Hyperliquid
Injective