Spread before costs (cost unknown: a leg has no order-book sample)+0.050%
7d average—if it closes, per $10,000$5funding while held, a day+$1.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRO-USDT | 1.1934 | 0.0058 | pay 0.0029% / 4h | 1m 36s | $1.1M | $283K | 75x |
| Short | Aevo ZRO-PERP | 1.1940 | 0.0104 | get 0.0013% / 1h | 1m 36s | $21K | — | 3x |
BloFin ZRO-USDT
Aevo ZRO-PERPPrice 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
- $5.03
- Funding while held
- $1.37
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$21.6
- Spread needed to break even
- 0.280%
Slippage unknown: BloFin: live order book, 2 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0046%
- Per $10,000 a day
- +$1.37
- 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 BloFin live order book, 2 min ago | 1.68 bp | 13.5 bp −$14 | 32.8 bp −$328 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Extended1.1932cheapestOKX1.1933+0.005%
Extended
OKXBloFin1.1934+0.013%
MEXC1.1935+0.022%BingX1.1935+0.022%Variational Omni1.1935+0.025%Orderly1.1936+0.030%Bybit1.1938+0.047%Nado1.1939+0.055%Binance1.1940+0.064%Gate1.1940+0.064%KuCoin1.1940+0.064%Bitget1.1940+0.064%ApeX Omni1.1940+0.064%
MEXC
BingX
Variational Omni
Orderly
Bybit
Nado
Binance
Gate
KuCoin
Bitget
ApeX OmniAevo1.1940+0.064%
GMX1.1941+0.068%01 Exchange1.1944+0.094%Pacifica1.1946+0.114%Aster1.1948+0.127%Backpack1.1948+0.131%Kraken Futures1.1951+0.157%dYdX1.1953+0.177%Lighter1.1959+0.221%Hyperliquid1.1962+0.248%Polymarket Perps1.1966+0.281%Injective1.1980+0.399%
GMX
Pacifica
Aster
Backpack
Kraken Futures
dYdX
Lighter
Hyperliquid
Polymarket Perps
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ZRO-USD | −0.013% | +0.0104% | 1h | $795K | $473K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.008% | +0.0093% | 4h | $3.3M | $8.2M | 20x | as long as short |
| BloFin ZRO-USDTlong | 0.000% | +0.0058% | 4h | $1.1M | $283K | 75x | |
| MEXC ZRO_USDT | +0.008% | +0.0100% | 4h | $17.9M | $3.9M | 125x | as long as short |
| BingX ZRO-USDT | +0.008% | +0.0100% | 4h | — | $8.9M | — | as long as short |
| Variational Omni ZRO | +0.012% | +0.0100% | 4h | $2.4M | $823K | — | as long as short |
| Orderly PERP_ZRO_USDC | +0.017% | −0.0070% | 4h | $21K | $7K | 10x | as long as short |
| Bybit ZROUSDT | +0.034% | +0.0100% | 4h | $18.5M | $17.8M | 50x | as long as short |
| Nado ZRO-PERP | +0.042% | +0.0277% | 1h | $1.3M | $117K | 5x | as long as short |
| Binance ZROUSDT | +0.050% | +0.0100% | 4h | $22.9M | $34.8M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.050% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| KuCoin ZROUSDTM | +0.050% | +0.0100% | 4h | $2.4M | $1.3M | 50x | as long as short |
| Bitget ZROUSDT | +0.050% | +0.0100% | 4h | $2.7M | $2.9M | 75x | as long as short |
| ApeX Omni ZROUSDT | +0.050% | +0.0100% | 1h | $37K | $679K | 50x | as long as short |
| Aevo ZRO-PERPshort | +0.050% | +0.0104% | 1h | $21K | — | 3x | |
| GMX ZRO/USD [ETH-USDC] | +0.055% | L +0.0383% / S −0.4219% | 1h | $6K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.080% | −0.0048% | 1h | $7K | $3K | 5x | as long as short |
| Pacifica ZRO | +0.101% | +0.0100% | 1h | $144K | $221K | 5x | as long as short |
| Aster ZROUSDT | +0.113% | +0.0100% | 4h | $135K | $107K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.117% | +0.0100% | 1h | $92K | $195K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.144% | −0.0490% | 1h | $266K | $575K | 25x | as long as short |
| dYdX ZRO-USD | +0.163% | +0.0009% | 1h | $21K | $1K | 5x | as long as short |
| Lighter ZRO | +0.208% | +0.0096% | 1h | $4.8M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.235% | +0.0390% | 1h | $39.4M | $7.5M | 5x | as long as short |
| Polymarket Perps ZRO-USD | +0.268% | +0.0100% | 1h | $84K | $830K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.385% | +0.1142% | 1h | $13K | $173K | 12x | as long as short |