Spread before costs (cost unknown: a leg has no order-book sample)+0.014%
7d average—if it closes, per $10,000$1funding while held, a day−$2.73
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1952 | 0.0100 | pay 0.0050% / 4h | 2m 37s | $22.9M | $34.8M | 75x |
| Short | dYdX ZRO-USD | 1.1953 | 0.0009 | get 0.0001% / 1h | 2m 37s | $21K | $1K | 5x |
Binance ZROUSDT
dYdX ZRO-USDPrice 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
- $1.45
- Funding while held
- −$2.73
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$21.28
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 11 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0091%
- Per $10,000 a day
- −$2.73
- 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, 11 min ago | 1.26 bp | 15.6 bp −$16 | 37.5 bp −$375 | 322.5 bp −$32.2K | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.Nado1.1927cheapestBloFin1.1934+0.059%Variational Omni1.1935+0.071%Backpack1.1937+0.084%GMX1.1938+0.094%Kraken Futures1.1940+0.108%ApeX Omni1.1940+0.109%Orderly1.1940+0.109%Bybit1.1942+0.126%Polymarket Perps1.1942+0.126%Aevo1.1945+0.148%Gate1.1950+0.193%
Nado
BloFin
Variational Omni
Backpack
GMX
Kraken Futures
ApeX Omni
Orderly
Bybit
Polymarket Perps
Aevo
GateBinance1.1952+0.208%
OKX1.1952+0.210%
OKXdYdX1.1953+0.222%
MEXC1.1955+0.235%KuCoin1.1955+0.235%Bitget1.1955+0.235%Extended1.1956+0.243%BingX1.1956+0.243%Aster1.1957+0.251%Pacifica1.1957+0.252%01 Exchange1.1967+0.338%Lighter1.1970+0.362%Hyperliquid1.1973+0.386%Injective1.1980+0.445%
MEXC
KuCoin
Bitget
Extended
BingX
Aster
Pacifica
Lighter
Hyperliquid
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ZRO-PERP | −0.207% | +0.0280% | 1h | $1.3M | $117K | 5x | as long as short |
| BloFin ZRO-USDT | −0.149% | +0.0058% | 4h | $1.1M | $283K | 75x | as long as short |
| Variational Omni ZRO | −0.136% | +0.0100% | 4h | $2.4M | $823K | — | as long as short |
| Backpack ZRO_USDC_PERP | −0.124% | +0.0100% | 1h | $92K | $195K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.114% | L +0.0382% / S −0.4219% | 1h | $6K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | −0.100% | −0.0491% | 1h | $265K | $575K | 25x | as long as short |
| ApeX Omni ZROUSDT | −0.098% | +0.0100% | 1h | $37K | $679K | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.098% | −0.0070% | 4h | $21K | $7K | 10x | as long as short |
| Bybit ZROUSDT | −0.082% | +0.0100% | 4h | $18.5M | $17.8M | 50x | as long as short |
| Polymarket Perps ZRO-USD | −0.082% | +0.0100% | 1h | $83K | $830K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo ZRO-PERP | −0.059% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Gate ZRO_USDT | −0.015% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| Binance ZROUSDTlong | 0.000% | +0.0100% | 4h | $22.9M | $34.8M | 75x | |
| OKX ZRO-USDT-SWAP | +0.002% | +0.0094% | 4h | $3.3M | $8.2M | 20x | as long as short |
| dYdX ZRO-USDshort | +0.014% | +0.0009% | 1h | $21K | $1K | 5x | |
| MEXC ZRO_USDT | +0.027% | +0.0100% | 4h | $17.9M | $3.9M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.027% | +0.0100% | 4h | $2.4M | $1.3M | 50x | as long as short |
| Bitget ZROUSDT | +0.027% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| Extended ZRO-USD | +0.035% | +0.0104% | 1h | $795K | $473K | 10x | as long as short |
| BingX ZRO-USDT | +0.035% | +0.0100% | 4h | — | $8.9M | — | as long as short |
| Aster ZROUSDT | +0.043% | +0.0100% | 4h | $135K | $107K | 10x | as long as short |
| Pacifica ZRO | +0.044% | +0.0100% | 1h | $144K | $221K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.130% | −0.0048% | 1h | $7K | $3K | 5x | as long as short |
| Lighter ZRO | +0.153% | +0.0096% | 1h | $4.8M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.178% | +0.0394% | 1h | $39.4M | $7.5M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.236% | +0.1142% | 1h | $13K | $173K | 12x | as long as short |