Spread before costs (cost unknown: a leg has no order-book sample)+0.226%
7d average—if it closes, per $10,000$23funding while held, a day+$30.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZRO/USD [ETH-USDC] | 1.1684 | L +0.0282% / S −0.2124% | pay 0.0035% / 1h | 16m 56s | $3K | — | 100x |
| Short | Injective ZRO/USDC PERP | 1.1710 | 0.1291 | get 0.0161% / 1h | 16m 56s | $12K | $124K | 12x |
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC 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
- $22.65
- Funding while held
- $30.27
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $40.9
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Injective: live order book, 54 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1009%
- Per $10,000 a day
- +$30.27
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 54 min ago | 29.55 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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.ApeX Omni1.1660cheapestVariational Omni1.1662+0.021%BingX1.1666+0.051%BloFin1.1666+0.051%Aevo1.1670+0.086%Orderly1.1673+0.111%dYdX1.1676+0.138%01 Exchange1.1677+0.142%Kraken Futures1.1677+0.145%Pacifica1.1677+0.147%Nado1.1678+0.155%Hyperliquid1.1679+0.163%Backpack1.1679+0.163%Bybit1.1680+0.172%Gate1.1680+0.172%KuCoin1.1681+0.180%Aster1.1682+0.184%
ApeX Omni
Variational Omni
BingX
BloFin
Aevo
Orderly
dYdX
Kraken Futures
Pacifica
Nado
Hyperliquid
Backpack
Bybit
Gate
KuCoin
AsterGMX1.1684+0.202%
Bitget1.1685+0.214%Polymarket Perps1.1685+0.214%Binance1.1687+0.232%OKX1.1689+0.249%MEXC1.1690+0.257%Extended1.1690+0.257%Lighter1.1693+0.283%
Bitget
Polymarket Perps
Binance
OKX
MEXC
Extended
LighterInjective1.1710+0.429%
ZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ZROUSDT | −0.201% | +0.0100% | 1h | $37K | $681K | 50x | as long as short |
| Variational Omni ZRO | −0.180% | +0.0100% | 4h | $2.2M | $894K | — | as long as short |
| BingX ZRO-USDT | −0.150% | +0.0100% | 4h | — | $9.2M | — | as long as short |
| BloFin ZRO-USDT | −0.150% | +0.0082% | 4h | $1.1M | $275K | 75x | as long as short |
| Aevo ZRO-PERP | −0.116% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Orderly PERP_ZRO_USDC | −0.090% | +0.0014% | 4h | $20K | $7K | 10x | as long as short |
| dYdX ZRO-USD | −0.064% | +0.0003% | 1h | $21K | $2K | 5x | as long as short |
| 01 Exchange ZROUSD | −0.059% | −0.0080% | 1h | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | −0.056% | +0.0098% | 1h | $257K | $576K | 25x | as long as short |
| Pacifica ZRO | −0.055% | +0.0100% | 1h | $140K | $218K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ZRO-PERP | −0.047% | +0.0271% | 1h | $1.3M | $135K | 5x | as long as short |
| Hyperliquid ZRO | −0.039% | +0.0100% | 1h | $37.9M | $8.0M | 5x | as long as short |
| Backpack ZRO_USDC_PERP | −0.039% | −0.0410% | 1h | $91K | $202K | 20x | as long as short |
| Bybit ZROUSDT | −0.030% | +0.0090% | 4h | $18.1M | $17.6M | 50x | as long as short |
| Gate ZRO_USDT | −0.030% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| KuCoin ZROUSDTM | −0.022% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Aster ZROUSDT | −0.017% | +0.0100% | 4h | $156K | $157K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC]long | 0.000% | L +0.0282% / S −0.2124% | 1h | $3K | — | 100x | |
| Bitget ZROUSDT | +0.012% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Polymarket Perps ZRO-USD | +0.012% | +0.0100% | 1h | $79K | $943K | 5x | as long as short |
| Binance ZROUSDT | +0.030% | +0.0100% | 4h | $22.3M | $35.4M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | +0.047% | +0.0034% | 4h | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.055% | +0.0100% | 4h | $17.8M | $3.9M | 125x | as long as short |
| Extended ZRO-USD | +0.055% | +0.0576% | 1h | $773K | $536K | 10x | as long as short |
| Lighter ZRO | +0.081% | +0.0384% | 1h | $4.7M | $1.3M | 5x | as long as short |
| Injective ZRO/USDC PERPshort | +0.226% | +0.1291% | 1h | $12K | $124K | 12x |