Spread before costs (cost unknown: a leg has no order-book sample)−0.536%
7d average−0.114%if it closes, per $10,000$54funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZRO | 1.1719 | 0.0100 | pay 0.0013% / 1h | 40m 41s | $38.3M | $7.9M | 5x |
| Short | Variational Omni ZRO | 1.1656 | 0.0100 | get 0.0050% / 4h | 2h 40m | $2.2M | $894K | — |
Hyperliquid ZRO
Variational Omni ZROPrice 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
- −$53.64
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$62.64
- Spread needed to break even
- 0.090%
Slippage unknown: Hyperliquid: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Hyperliquid live order book, 4 min ago | 1.71 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 3.15 bp | doesn't fit | 41.6 bp −$416 | doesn't fit | doesn't fit |
ZRO price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1.1656cheapest
Nado1.1680+0.201%BloFin1.1680+0.205%Aevo1.1681+0.212%Kraken Futures1.1681+0.214%GMX1.1685+0.252%Orderly1.1689+0.282%Gate1.1690+0.290%Polymarket Perps1.1691+0.299%Backpack1.1692+0.308%KuCoin1.1694+0.325%Extended1.1696+0.340%Aster1.1696+0.342%01 Exchange1.1699+0.365%dYdX1.1702+0.390%Bitget1.1704+0.411%Binance1.1705+0.416%Bybit1.1707+0.436%Pacifica1.1707+0.438%BingX1.1711+0.471%MEXC1.1713+0.488%OKX1.1717+0.522%
Nado
BloFin
Aevo
Kraken Futures
GMX
Orderly
Gate
Polymarket Perps
Backpack
KuCoin
Extended
Aster
dYdX
Bitget
Binance
Bybit
Pacifica
BingX
MEXC
OKXHyperliquid1.1719+0.539%
Injective1.1720+0.548%ApeX Omni1.1730+0.634%Lighter1.1736+0.681%
Injective
ApeX Omni
LighterZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZROshort | −0.536% | +0.0100% | 4h | $2.2M | $894K | — | |
| Nado ZRO-PERP | −0.337% | +0.0292% | 1h | $1.3M | $134K | 5x | as long as short |
| BloFin ZRO-USDT | −0.333% | +0.0149% | 4h | $1.1M | $274K | 75x | as long as short |
| Aevo ZRO-PERP | −0.325% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | −0.323% | +0.0098% | 1h | $258K | $574K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.286% | L +0.0282% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Orderly PERP_ZRO_USDC | −0.256% | −0.0019% | 4h | $20K | $7K | 10x | as long as short |
| Gate ZRO_USDT | −0.247% | +0.0100% | 4h | $1.3M | $2.2M | 75x | as long as short |
| Polymarket Perps ZRO-USD | −0.239% | +0.0100% | 1h | $79K | $849K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | −0.230% | −0.0465% | 1h | $91K | $202K | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | −0.213% | +0.0100% | 4h | $2.5M | $1.6M | 50x | as long as short |
| Extended ZRO-USD | −0.198% | +0.0136% | 1h | $773K | $534K | 10x | as long as short |
| Aster ZROUSDT | −0.197% | +0.0100% | 4h | $156K | $156K | 10x | as long as short |
| 01 Exchange ZROUSD | −0.173% | +0.0120% | 1h | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | −0.149% | +0.0008% | 1h | $21K | $1K | 5x | as long as short |
| Bitget ZROUSDT | −0.128% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Binance ZROUSDT | −0.123% | +0.0100% | 4h | $22.5M | $35.2M | 75x | as long as short |
| Bybit ZROUSDT | −0.102% | +0.0100% | 4h | $18.2M | $17.8M | 50x | as long as short |
| Pacifica ZRO | −0.100% | +0.0100% | 1h | $141K | $222K | 5x | as long as short |
| BingX ZRO-USDT | −0.068% | +0.0100% | 4h | — | $9.1M | — | as long as short |
| MEXC ZRO_USDT | −0.051% | +0.0100% | 4h | $17.8M | $3.9M | 125x | as long as short |
| OKX ZRO-USDT-SWAP | −0.017% | +0.0100% | 4h | $3.2M | $8.0M | 20x | as long as short |
| Hyperliquid ZROlong | 0.000% | +0.0100% | 1h | $38.3M | $7.9M | 5x | |
| Injective ZRO/USDC PERP | +0.009% | +0.1291% | 1h | $12K | $122K | 12x | as long as short |
| ApeX Omni ZROUSDT | +0.094% | +0.0100% | 1h | $37K | $680K | 50x | as long as short |
| Lighter ZRO | +0.141% | +0.0552% | 1h | $4.7M | $1.3M | 5x | as long as short |