After costs, if the gap returns to its 7d average, $10k−$136
spread now−0.098%7d average−0.077%fees + slippage, in and out−$134spread needed1.337%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZROUSD | 1.1812 | −0.0211 | get 0.0026% / 1h | 48m 24s | $259K | $576K | 25x |
| Short | ApeX Omni ZROUSDT | 1.1800 | 0.0100 | get 0.0013% / 1h | 48m 24s | $37K | $682K | 50x |
Kraken Futures PF_ZROUSD
ApeX Omni ZROUSDTPrice 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
- −$9.83
- Funding while held
- $9.33
- Slippage, 4 orders
- −$113.71
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$134.21
- Spread needed to break even
- 1.337%
Slippage from Kraken Futures: live order book, 51 min ago; ApeX Omni: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0311%
- Per $10,000 a day
- +$9.33
- 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 Kraken Futures live order book, 51 min ago | 13.61 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 51 min ago | 8.52 bp | 18.7 bp −$19 | 122.6 bp −$1,226 | doesn't fit | doesn't fit |
ZRO price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1.1784cheapestBybit1.1789+0.040%Aevo1.1789+0.042%Gate1.1790+0.048%OKX1.1792+0.065%BloFin1.1792+0.065%Nado1.1793+0.072%Bitget1.1793+0.074%Extended1.1795+0.089%Pacifica1.1796+0.099%Orderly1.1798+0.116%BingX1.1799+0.125%Binance1.1800+0.132%KuCoin1.1800+0.133%
Variational Omni
Bybit
Aevo
Gate
OKX
BloFin
Nado
Bitget
Extended
Pacifica
Orderly
BingX
Binance
KuCoinApeX Omni1.1800+0.133%
01 Exchange1.1803+0.157%Backpack1.1803+0.159%MEXC1.1805+0.176%dYdX1.1806+0.186%Polymarket Perps1.1808+0.201%Hyperliquid1.1810+0.218%
Backpack
MEXC
dYdX
Polymarket Perps
HyperliquidKraken Futures1.1812+0.232%
Aster1.1814+0.254%GMX1.1820+0.301%Lighter1.1821+0.309%Injective1.1840+0.473%
Aster
GMX
Lighter
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZRO | −0.231% | +0.0100% | 4h | $2.2M | $906K | — | as long as short |
| Bybit ZROUSDT | −0.191% | +0.0100% | 4h | $18.3M | $17.6M | 50x | as long as short |
| Aevo ZRO-PERP | −0.189% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Gate ZRO_USDT | −0.183% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | −0.166% | −0.0113% | 4h | $3.2M | $8.2M | 20x | as long as short |
| BloFin ZRO-USDT | −0.166% | +0.0076% | 4h | $1.1M | $278K | 75x | as long as short |
| Nado ZRO-PERP | −0.160% | +0.0277% | 1h | $1.3M | $136K | 5x | as long as short |
| Bitget ZROUSDT | −0.158% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Extended ZRO-USD | −0.143% | +0.0512% | 1h | $780K | $545K | 10x | as long as short |
| Pacifica ZRO | −0.132% | +0.0100% | 1h | $142K | $218K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | −0.115% | +0.0052% | 4h | $21K | $7K | 10x | as long as short |
| BingX ZRO-USDT | −0.107% | +0.0100% | 4h | — | $9.2M | — | as long as short |
| Binance ZROUSDT | −0.099% | +0.0100% | 4h | $22.5M | $35.7M | 75x | as long as short |
| KuCoin ZROUSDTM | −0.098% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| ApeX Omni ZROUSDTshort | −0.098% | +0.0100% | 1h | $37K | $682K | 50x | |
| 01 Exchange ZROUSD | −0.075% | −0.0288% | 1h | $7K | $3K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | −0.073% | +0.0100% | 1h | $89K | $203K | 20x | as long as short |
| MEXC ZRO_USDT | −0.056% | +0.0100% | 4h | $17.9M | $3.8M | 125x | as long as short |
| dYdX ZRO-USD | −0.045% | 0.0000% | 1h | $21K | $2K | 5x | as long as short |
| Polymarket Perps ZRO-USD | −0.031% | +0.0100% | 1h | $79K | $952K | 5x | as long as short |
| Hyperliquid ZRO | −0.014% | +0.0100% | 1h | $38.0M | $8.2M | 5x | as long as short |
| Kraken Futures PF_ZROUSDlong | 0.000% | −0.0211% | 1h | $259K | $576K | 25x | |
| Aster ZROUSDT | +0.022% | +0.0100% | 4h | $158K | $160K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.069% | L +0.0293% / S −0.2341% | 1h | $3K | — | 100x | as long as short |
| Lighter ZRO | +0.077% | +0.0096% | 1h | $4.7M | $1.3M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.240% | +0.1143% | 1h | $12K | $124K | 12x | as long as short |