After costs, if the gap returns to its 7d average, $10k−$63
spread now+0.066%7d average−0.004%fees + slippage, in and out−$70spread needed0.700%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.2150 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $1.4M | $2.1M | 75x |
| Short | Backpack ZRO_USDC_PERP | 1.2158 | 0.0139 | get 0.0017% / 1h | 7m 29s | $92K | $187K | 20x |
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
- $6.58
- Funding while held
- $1.18
- Slippage, 4 orders
- −$45.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$62.26
- Spread needed to break even
- 0.700%
Slippage from Gate: live order book, 2 min ago; Backpack: live order book, 47 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0039%
- Per $10,000 a day
- +$1.18
- 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 Gate live order book, 2 min ago | 4.12 bp | 24.1 bp −$24 | 58.3 bp −$583 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 47 min ago | 0.41 bp | 6.6 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
ZRO price on every exchange
against the cheapest. Click to use as the short leg.ZRO on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZRO | −0.857% | +0.0100% | 4h | $2.4M | $808K | — | as long as short |
| ApeX Omni ZROUSDT | −0.576% | +0.0100% | 1h | $39K | $676K | 50x | as long as short |
| BloFin ZRO-USDT | −0.239% | +0.0111% | 4h | $1.1M | $287K | 75x | as long as short |
| MEXC ZRO_USDT | −0.008% | +0.0100% | 4h | $17.8M | $3.8M | 125x | as long as short |
| Bitget ZROUSDT | −0.008% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| Gate ZRO_USDTlong | 0.000% | +0.0100% | 4h | $1.4M | $2.1M | 75x | |
| Aevo ZRO-PERP | 0.000% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Extended ZRO-USD | +0.012% | +0.0104% | 1h | $810K | $465K | 10x | as long as short |
| BingX ZRO-USDT | +0.016% | +0.0100% | 4h | — | $8.6M | — | as long as short |
| Bybit ZROUSDT | +0.025% | +0.0100% | 4h | $18.8M | $17.2M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZROUSD | +0.031% | −0.0950% | 1h | $270K | $573K | 25x | as long as short |
| Orderly PERP_ZRO_USDC | +0.041% | −0.0100% | 4h | $21K | $7K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.056% | L +0.0285% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Pacifica ZRO | +0.057% | +0.0100% | 1h | $147K | $220K | 5x | as long as short |
| dYdX ZRO-USD | +0.063% | +0.0047% | 1h | $22K | $759 | 5x | as long as short |
| Binance ZROUSDT | +0.066% | +0.0100% | 4h | $23.3M | $34.0M | 75x | as long as short |
| Backpack ZRO_USDC_PERPshort | +0.066% | +0.0139% | 1h | $92K | $187K | 20x | |
| Aster ZROUSDT | +0.068% | +0.0100% | 4h | $137K | $105K | 10x | as long as short |
| Nado ZRO-PERP | +0.090% | +0.0373% | 1h | $1.4M | $118K | 5x | as long as short |
| KuCoin ZROUSDTM | +0.091% | +0.0100% | 4h | $2.6M | $1.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.132% | +0.0010% | 4h | $3.3M | $8.3M | 20x | as long as short |
| Polymarket Perps ZRO-USD | +0.140% | +0.0100% | 1h | $86K | $839K | 5x | as long as short |
| Hyperliquid ZRO | +0.148% | +0.0346% | 1h | $40.1M | $7.3M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.165% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |
| Lighter ZRO | +0.170% | +0.0096% | 1h | $4.9M | $1.2M | 5x | as long as short |
Gate ZRO_USDT
Backpack ZRO_USDC_PERP
Variational Omni
ApeX Omni
BloFin
MEXC
Bitget
Extended
BingX
Bybit
Kraken Futures
GMX
Pacifica
Binance
Aster
KuCoin
OKX
Polymarket Perps
Hyperliquid
Injective
Lighter