Spread before costs (cost unknown: a leg has no order-book sample)−0.135%
7d average—if it closes, per $10,000$13funding while held, a day−$2.73
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZRO-USD | 1.1685 | 0.0003 | pay 0.0000% / 1h | 12m 17s | $21K | $2K | 5x |
| Short | 01 Exchange ZROUSD | 1.1669 | −0.0088 | pay 0.0011% / 1h | 12m 17s | $7K | $3K | 5x |
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
- −$13.47
- Funding while held
- −$2.73
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$33.2
- Spread needed to break even
- 0.170%
Slippage unknown: dYdX: no order-book sample; 01 Exchange: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
dYdX and 01 Exchange: 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.ZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | −0.231% | +0.0052% | 4h | $18.0M | $17.6M | 50x | as long as short |
| Variational Omni ZRO | −0.218% | +0.0100% | 4h | $2.2M | $894K | — | as long as short |
| OKX ZRO-USDT-SWAP | −0.213% | −0.0003% | 4h | $3.2M | $8.0M | 20x | as long as short |
| Nado ZRO-PERP | −0.211% | +0.0287% | 1h | $1.3M | $135K | 5x | as long as short |
| Bitget ZROUSDT | −0.188% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Extended ZRO-USD | −0.181% | +0.0624% | 1h | $773K | $536K | 10x | as long as short |
| Aevo ZRO-PERP | −0.171% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Binance ZROUSDT | −0.145% | +0.0100% | 4h | $22.3M | $35.4M | 75x | as long as short |
| BingX ZRO-USDT | −0.145% | +0.0100% | 4h | — | $9.2M | — | as long as short |
| MEXC ZRO_USDT | −0.136% | +0.0100% | 4h | $17.8M | $3.9M | 125x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSDshort | −0.135% | −0.0088% | 1h | $7K | $3K | 5x | |
| Gate ZRO_USDT | −0.128% | +0.0100% | 4h | $1.3M | $2.2M | 75x | as long as short |
| Polymarket Perps ZRO-USD | −0.102% | +0.0100% | 1h | $79K | $943K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.102% | +0.0021% | 4h | $20K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | −0.094% | +0.0076% | 4h | $812K | $275K | 75x | as long as short |
| Backpack ZRO_USDC_PERP | −0.085% | −0.0429% | 1h | $91K | $202K | 20x | as long as short |
| Hyperliquid ZRO | −0.077% | +0.0100% | 1h | $37.8M | $8.1M | 5x | as long as short |
| KuCoin ZROUSDTM | −0.076% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Pacifica ZRO | −0.066% | +0.0100% | 1h | $140K | $218K | 5x | as long as short |
| ApeX Omni ZROUSDT | −0.042% | +0.0100% | 1h | $37K | $682K | 50x | as long as short |
| Kraken Futures PF_ZROUSD | −0.039% | +0.0098% | 1h | $257K | $576K | 25x | as long as short |
| Aster ZROUSDT | −0.039% | +0.0100% | 4h | $156K | $157K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.023% | L +0.0282% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| dYdX ZRO-USDlong | 0.000% | +0.0003% | 1h | $21K | $2K | 5x | |
| Lighter ZRO | +0.120% | +0.0376% | 1h | $4.7M | $1.3M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.215% | +0.1291% | 1h | $12K | $124K | 12x | as long as short |
Bybit
Variational Omni
OKX
Bitget
Extended
Binance
BingX
MEXC
Gate
Polymarket Perps
BloFin
Backpack
Hyperliquid
KuCoin
Pacifica
ApeX Omni
Kraken Futures
Aster
GMX
Lighter
Injective