data as of
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Price arb /

ZRO

all ZRO markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$114
spread now−0.027%7d average+0.098%fees + slippage, in and out−$101spread needed1.012%
Long on BingXShort on Kraken Futures
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZRO-USDT1.17980.0100pay 0.0050% / 4h2h 58m—$9.0M—
ShortKraken Futures PF_ZROUSD1.17950.0097get 0.0012% / 1h58m 24s$261K$574K25x

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 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$2.66
Funding while held
−$0.09
Slippage, 4 orders
−$81.18
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$103.93
Spread needed to break even
1.012%
Slippage from BingX: live order book, 1 min ago; Kraken Futures: live order book, 46 min ago.

Cost of waiting

funding view
Funding /8h
−0.0003%
Per $10,000 a day
−$0.09
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 1 min ago1.70 bp6.7 bp −$79.7 bp −$9719.2 bp −$1,91747.7 bp −$23.9K
Sell Kraken Futures live order book, 46 min ago22.53 bp45.8 bp −$46143.3 bp −$1,433doesn't fitdoesn't fit

ZRO price on every exchange

against the cheapest. Click to use as the short leg.
Nado1.1768cheapestVariational Omni1.1769+0.003%ApeX Omni1.1780+0.099%BloFin1.1784+0.133%Aevo1.1785+0.144%Orderly1.1789+0.176%Backpack1.1790+0.184%OKX1.1793+0.210%KuCoin1.1794+0.218%
Kraken Futures1.1795+0.226%
Extended1.1796+0.235%Bybit1.1797+0.244%
BingX1.1798+0.252%
Binance1.1800+0.265%Gate1.1800+0.269%MEXC1.1800+0.269%Bitget1.1803+0.295%Pacifica1.1804+0.301%Polymarket Perps1.1804+0.303%dYdX1.1806+0.317%GMX1.1806+0.322%Aster1.1810+0.354%01 Exchange1.1815+0.394%Hyperliquid1.1820+0.439%Injective1.1820+0.439%Lighter1.1827+0.499%

ZRO on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Nado ZRO-PERP−0.252%+0.0477%1h$1.3M$128K5xas long as short
Variational Omni ZRO−0.248%+0.0100%4h$2.3M$904K—as long as short
ApeX Omni ZROUSDT−0.153%+0.0100%1h$37K$680K50xas long as short
BloFin ZRO-USDT−0.119%+0.0090%4h$1.1M$277K75xas long as short
Aevo ZRO-PERP−0.108%+0.0104%1h$21K—3xas long as short
Orderly PERP_ZRO_USDC−0.076%−0.0043%4h$21K$7K10xas long as short
Backpack ZRO_USDC_PERP−0.068%−0.0298%1h$91K$202K20xas long as short
OKX ZRO-USDT-SWAP−0.042%+0.0100%4h$3.2M$7.9M20xas long as short
KuCoin ZROUSDTM−0.034%+0.0100%4h$2.5M$1.5M50xas long as short
Kraken Futures PF_ZROUSDshort−0.027%+0.0097%1h$261K$574K25x
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended ZRO-USD−0.017%+0.0104%1h$787K$474K10xas long as short
Bybit ZROUSDT−0.008%+0.0100%4h$18.3M$17.6M50xas long as short
BingX ZRO-USDTlong0.000%+0.0100%4h—$9.0M—
Binance ZROUSDT+0.013%+0.0100%4h$22.7M$34.8M75xas long as short
Gate ZRO_USDT+0.017%+0.0100%4h$1.4M$2.1M75xas long as short
MEXC ZRO_USDT+0.017%+0.0100%4h$17.7M$3.7M125xas long as short
Bitget ZROUSDT+0.042%+0.0100%4h$2.7M$2.8M75xas long as short
Pacifica ZRO+0.048%+0.0100%1h$142K$220K5xas long as short
Polymarket Perps ZRO-USD+0.051%+0.0100%1h$80K$857K5xas long as short
dYdX ZRO-USD+0.065%+0.0020%1h$21K$1K5xas long as short
GMX ZRO/USD [ETH-USDC]+0.070%L +0.0282% / S −0.2124%1h$3K—100xas long as short
Aster ZROUSDT+0.102%+0.0100%4h$159K$153K10xas long as short
01 Exchange ZROUSD+0.142%+0.0288%1h$7K$3K5xas long as short
Hyperliquid ZRO+0.186%+0.0929%1h$38.8M$7.6M5xas long as short
Injective ZRO/USDC PERP+0.186%+0.1291%1h$12K$122K12xas long as short
Lighter ZRO+0.247%+0.0592%1h$4.8M$1.3M5xas long as short