After costs, if the gap returns to its 7d average, $10k−$121
spread now−0.068%7d average−0.093%fees + slippage, in and out−$123spread needed1.233%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZROUSD | 1.2105 | −0.0954 | get 0.0119% / 1h | 29m 10s | $269K | $572K | 25x |
| Short | BloFin ZRO-USDT | 1.2097 | 0.0045 | get 0.0022% / 4h | 1h 29m | $1.1M | $285K | 75x |
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
- −$6.77
- Funding while held
- $29.96
- Slippage, 4 orders
- −$101.31
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$100.11
- Spread needed to break even
- 1.233%
Slippage from Kraken Futures: live order book, 25 min ago; BloFin: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0999%
- Per $10,000 a day
- +$29.96
- 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, 25 min ago | 25.22 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 4.94 bp | 15.6 bp −$16 | 38.7 bp −$387 | 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 | |
|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | −0.208% | +0.0100% | 4h | $23.2M | $33.7M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | −0.142% | −0.0046% | 4h | $3.3M | $8.2M | 20x | as long as short |
| Backpack ZRO_USDC_PERP | −0.134% | +0.0100% | 1h | $89K | $182K | 20x | as long as short |
| Bybit ZROUSDT | −0.126% | +0.0100% | 4h | $18.7M | $17.2M | 50x | as long as short |
| Gate ZRO_USDT | −0.126% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| BingX ZRO-USDT | −0.117% | +0.0100% | 4h | — | $8.6M | — | as long as short |
| Bitget ZROUSDT | −0.109% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| Extended ZRO-USD | −0.091% | +0.0104% | 1h | $808K | $463K | 10x | as long as short |
| Aevo ZRO-PERP | −0.087% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.074% | L +0.0407% / S −0.4670% | 1h | $6K | — | 100x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ZRO-USDTshort | −0.068% | +0.0045% | 4h | $1.1M | $285K | 75x | |
| MEXC ZRO_USDT | −0.059% | +0.0100% | 4h | $17.7M | $3.8M | 125x | as long as short |
| Hyperliquid ZRO | −0.035% | +0.0146% | 1h | $39.9M | $7.3M | 5x | as long as short |
| Kraken Futures PF_ZROUSDlong | 0.000% | −0.0954% | 1h | $269K | $572K | 25x | |
| Polymarket Perps ZRO-USD | +0.007% | +0.0100% | 1h | $86K | $853K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.015% | −0.0112% | 4h | $21K | $7K | 10x | as long as short |
| KuCoin ZROUSDTM | +0.023% | +0.0100% | 4h | $2.5M | $1.3M | 50x | as long as short |
| Nado ZRO-PERP | +0.060% | +0.0391% | 1h | $1.4M | $109K | 5x | as long as short |
| Lighter ZRO | +0.063% | +0.0096% | 1h | $4.9M | $1.2M | 5x | as long as short |
| dYdX ZRO-USD | +0.065% | +0.0020% | 1h | $22K | $613 | 5x | as long as short |
| Aster ZROUSDT | +0.069% | +0.0100% | 4h | $137K | $104K | 10x | as long as short |
| Pacifica ZRO | +0.096% | +0.0100% | 1h | $147K | $219K | 5x | as long as short |
| Variational Omni ZRO | +0.421% | +0.0100% | 4h | $2.4M | $796K | — | as long as short |
| ApeX Omni ZROUSDT | +0.453% | +0.0100% | 1h | $39K | $675K | 50x | as long as short |
| Injective ZRO/USDC PERP | +0.535% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |
Kraken Futures PF_ZROUSD
BloFin ZRO-USDT
Binance
OKX
Backpack
Bybit
Gate
BingX
Bitget
Extended
GMX
MEXC
Hyperliquid
Polymarket Perps
KuCoin
Lighter
Aster
Pacifica
Variational Omni
ApeX Omni
Injective