Spread before costs (cost unknown: a leg has no order-book sample)−0.244%
7d average—if it closes, per $10,000$24funding while held, a day−$14.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZRO | 1.1811 | 0.0100 | pay 0.0013% / 1h | 56m 37s | $37.7M | $8.4M | 5x |
| Short | 01 Exchange ZROUSD | 1.1782 | −0.0392 | pay 0.0049% / 1h | 56m 37s | $7K | $3K | 5x |
Hyperliquid 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
- −$24.38
- Funding while held
- −$14.76
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$55.14
- Spread needed to break even
- 0.160%
Slippage unknown: Hyperliquid: live order book, 8 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0492%
- Per $10,000 a day
- −$14.76
- 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, 8 min ago | 1.27 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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.Nado1.1787+0.040%OKX1.1790+0.066%Gate1.1790+0.066%Extended1.1791+0.073%Bitget1.1792+0.083%Bybit1.1793+0.092%BingX1.1794+0.100%Orderly1.1794+0.100%Aevo1.1795+0.109%MEXC1.1796+0.117%BloFin1.1796+0.117%Binance1.1797+0.124%Backpack1.1798+0.134%dYdX1.1799+0.140%Pacifica1.1800+0.148%Polymarket Perps1.1800+0.151%GMX1.1801+0.160%KuCoin1.1809+0.227%Aster1.1810+0.232%
Nado
OKX
Gate
Extended
Bitget
Bybit
BingX
Orderly
Aevo
MEXC
BloFin
Binance
Backpack
dYdX
Pacifica
Polymarket Perps
GMX
KuCoin
AsterHyperliquid1.1811+0.244%
Variational Omni1.1812+0.255%Kraken Futures1.1813+0.264%Lighter1.1829+0.401%ApeX Omni1.1830+0.406%Injective1.1850+0.575%
Variational Omni
Kraken Futures
Lighter
ApeX Omni
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSDshort | −0.244% | −0.0392% | 1h | $7K | $3K | 5x | |
| Nado ZRO-PERP | −0.204% | +0.0464% | 1h | $1.3M | $134K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | −0.178% | −0.0285% | 4h | $3.2M | $8.2M | 20x | as long as short |
| Gate ZRO_USDT | −0.178% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| Extended ZRO-USD | −0.171% | +0.0104% | 1h | $784K | $563K | 10x | as long as short |
| Bitget ZROUSDT | −0.161% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |
| Bybit ZROUSDT | −0.152% | −0.0014% | 4h | $18.2M | $17.0M | 50x | as long as short |
| BingX ZRO-USDT | −0.144% | +0.0100% | 4h | — | $9.1M | — | as long as short |
| Orderly PERP_ZRO_USDC | −0.144% | +0.0003% | 4h | $21K | $7K | 10x | as long as short |
| Aevo ZRO-PERP | −0.135% | +0.0104% | 1h | $21K | — | 3x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | −0.127% | +0.0100% | 4h | $18.1M | $3.8M | 125x | as long as short |
| BloFin ZRO-USDT | −0.127% | +0.0054% | 4h | $1.1M | $274K | 75x | as long as short |
| Binance ZROUSDT | −0.120% | +0.0100% | 4h | $22.3M | $35.5M | 75x | as long as short |
| Backpack ZRO_USDC_PERP | −0.110% | +0.0100% | 1h | $89K | $202K | 20x | as long as short |
| dYdX ZRO-USD | −0.104% | 0.0000% | 1h | $21K | $2K | 5x | as long as short |
| Pacifica ZRO | −0.097% | +0.0100% | 1h | $142K | $210K | 5x | as long as short |
| Polymarket Perps ZRO-USD | −0.093% | +0.0100% | 1h | $79K | $918K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.084% | L +0.0292% / S −0.2341% | 1h | $3K | — | 100x | as long as short |
| KuCoin ZROUSDTM | −0.017% | +0.0100% | 4h | $2.6M | $1.5M | 50x | as long as short |
| Aster ZROUSDT | −0.012% | +0.0100% | 4h | $158K | $160K | 10x | as long as short |
| Hyperliquid ZROlong | 0.000% | +0.0100% | 1h | $37.7M | $8.4M | 5x | |
| Variational Omni ZRO | +0.011% | +0.0033% | 4h | $2.3M | $900K | — | as long as short |
| Kraken Futures PF_ZROUSD | +0.019% | −0.0162% | 1h | $258K | $570K | 25x | as long as short |
| Lighter ZRO | +0.157% | +0.0304% | 1h | $4.7M | $1.1M | 5x | as long as short |
| ApeX Omni ZROUSDT | +0.161% | +0.0100% | 1h | $37K | $678K | 50x | as long as short |
| Injective ZRO/USDC PERP | +0.330% | +0.1041% | 1h | $12K | $97K | 12x | as long as short |