After costs, if the gap returns to its 7d average, $10k−$134
spread now+0.001%7d average+0.123%fees + slippage, in and out−$122spread needed1.219%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZROUSDT | 1.2176 | 0.0100 | pay 0.0050% / 4h | 50m 52s | $18.9M | $17.3M | 50x |
| Short | Kraken Futures PF_ZROUSD | 1.2176 | −0.0481 | pay 0.0060% / 1h | 50m 52s | $270K | $574K | 25x |
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
- $0.05
- Funding while held
- −$17.43
- Slippage, 4 orders
- −$100.91
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$139.29
- Spread needed to break even
- 1.219%
Slippage from Bybit: live order book, 4 min ago; Kraken Futures: live order book, 64 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0581%
- Per $10,000 a day
- −$17.43
- 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 Bybit live order book, 4 min ago | 2.88 bp | 15.3 bp −$15 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 64 min ago | 25.22 bp | 51.5 bp −$52 | 172.1 bp −$1,721 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective ZRO/USDC PERP | −0.706% | +0.1142% | 1h | $13K | $173K | 12x | as long as short |
| Variational Omni ZRO | −0.136% | +0.0100% | 4h | $2.4M | $811K | — | as long as short |
| ApeX Omni ZROUSDT | −0.131% | +0.0100% | 1h | $38K | $676K | 50x | as long as short |
| BloFin ZRO-USDT | −0.057% | +0.0134% | 4h | $1.1M | $288K | 75x | as long as short |
| OKX ZRO-USDT-SWAP | −0.041% | −0.0012% | 4h | $3.3M | $8.3M | 20x | as long as short |
| Pacifica ZRO | −0.016% | +0.0100% | 1h | $147K | $220K | 5x | as long as short |
| BingX ZRO-USDT | −0.016% | +0.0100% | 4h | — | $8.7M | — | as long as short |
| Nado ZRO-PERP | −0.009% | +0.0407% | 1h | $1.4M | $118K | 5x | as long as short |
| Aevo ZRO-PERP | −0.008% | +0.0104% | 1h | $22K | — | 3x | as long as short |
| Bybit ZROUSDTlong | 0.000% | +0.0100% | 4h | $18.9M | $17.3M | 50x |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZROUSDshort | +0.001% | −0.0481% | 1h | $270K | $574K | 25x | |
| dYdX ZRO-USD | +0.023% | +0.0001% | 1h | $22K | $759 | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.025% | −0.0098% | 4h | $21K | $7K | 10x | as long as short |
| Gate ZRO_USDT | +0.033% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| Binance ZROUSDT | +0.040% | +0.0100% | 4h | $23.3M | $34.1M | 75x | as long as short |
| Bitget ZROUSDT | +0.041% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.047% | L +0.0286% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.047% | +0.0104% | 1h | $814K | $465K | 10x | as long as short |
| MEXC ZRO_USDT | +0.057% | +0.0100% | 4h | $18.1M | $3.8M | 125x | as long as short |
| 01 Exchange ZROUSD | +0.067% | −0.0208% | 1h | $7K | $3K | 5x | as long as short |
| Aster ZROUSDT | +0.070% | +0.0100% | 4h | $138K | $105K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.082% | +0.0466% | 1h | $92K | $188K | 20x | as long as short |
| Polymarket Perps ZRO-USD | +0.082% | +0.0100% | 1h | $86K | $834K | 5x | as long as short |
| KuCoin ZROUSDTM | +0.099% | +0.0100% | 4h | $2.6M | $1.3M | 50x | as long as short |
| Lighter ZRO | +0.121% | +0.0096% | 1h | $4.9M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.172% | +0.0331% | 1h | $40.2M | $7.3M | 5x | as long as short |
Bybit ZROUSDT
Kraken Futures PF_ZROUSD
Injective
Variational Omni
ApeX Omni
BloFin
OKX
Pacifica
BingX
Gate
Binance
Bitget
GMX
Extended
MEXC
Aster
Backpack
Polymarket Perps
KuCoin
Lighter
Hyperliquid