Spread before costs (cost unknown: a leg has no order-book sample)−0.118%
7d average−0.114%if it closes, per $10,000$12funding while held, a day+$9.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZROUSD | 1.1831 | −0.0211 | get 0.0026% / 1h | 12m 55s | $258K | $569K | 25x |
| Short | Extended ZRO-USD | 1.1817 | 0.0104 | get 0.0013% / 1h | 12m 55s | $784K | $563K | 10x |
Kraken Futures PF_ZROUSD
Extended ZRO-USDPrice 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
- −$11.79
- Funding while held
- $9.44
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$17.36
- Spread needed to break even
- 0.150%
Slippage unknown: Kraken Futures: live order book, 22 min ago; Extended: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0315%
- Per $10,000 a day
- +$9.44
- 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, 22 min ago | 8.88 bp | 31.0 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 12 min ago | 211.72 bp | 234.7 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
ZRO price on every exchange
against the cheapest. Click to use as the short leg.Bybit1.1811cheapest01 Exchange1.1815+0.034%OKX1.1817+0.051%
Bybit
OKXExtended1.1817+0.053%
Variational Omni1.1817+0.054%BingX1.1818+0.059%Nado1.1818+0.061%Aevo1.1819+0.069%Gate1.1820+0.076%ApeX Omni1.1820+0.076%Binance1.1822+0.095%Bitget1.1823+0.102%BloFin1.1823+0.102%KuCoin1.1824+0.110%Pacifica1.1825+0.119%MEXC1.1826+0.127%Orderly1.1829+0.152%
Variational Omni
BingX
Nado
Aevo
Gate
ApeX Omni
Binance
Bitget
BloFin
KuCoin
Pacifica
MEXC
OrderlyKraken Futures1.1831+0.171%
Backpack1.1833+0.186%Polymarket Perps1.1835+0.203%dYdX1.1836+0.211%Aster1.1838+0.230%GMX1.1838+0.232%Hyperliquid1.1843+0.271%Lighter1.1859+0.407%Injective1.1870+0.500%
Backpack
Polymarket Perps
dYdX
Aster
GMX
Hyperliquid
Lighter
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | −0.171% | −0.0086% | 4h | $18.2M | $17.1M | 50x | as long as short |
| 01 Exchange ZROUSD | −0.137% | −0.0472% | 1h | $7K | $3K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | −0.120% | −0.0257% | 4h | $3.2M | $8.2M | 20x | as long as short |
| Extended ZRO-USDshort | −0.118% | +0.0104% | 1h | $784K | $563K | 10x | |
| Variational Omni ZRO | −0.117% | +0.0054% | 4h | $2.2M | $904K | — | as long as short |
| BingX ZRO-USDT | −0.112% | +0.0100% | 4h | — | $9.1M | — | as long as short |
| Nado ZRO-PERP | −0.110% | +0.0334% | 1h | $1.3M | $133K | 5x | as long as short |
| Aevo ZRO-PERP | −0.102% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Gate ZRO_USDT | −0.095% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| ApeX Omni ZROUSDT | −0.095% | +0.0100% | 1h | $37K | $680K | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | −0.076% | +0.0100% | 4h | $22.4M | $35.5M | 75x | as long as short |
| Bitget ZROUSDT | −0.069% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |
| BloFin ZRO-USDT | −0.069% | +0.0082% | 4h | $1.1M | $274K | 75x | as long as short |
| KuCoin ZROUSDTM | −0.061% | +0.0100% | 4h | $2.6M | $1.5M | 50x | as long as short |
| Pacifica ZRO | −0.052% | +0.0100% | 1h | $142K | $212K | 5x | as long as short |
| MEXC ZRO_USDT | −0.044% | +0.0100% | 4h | $18.1M | $3.8M | 125x | as long as short |
| Orderly PERP_ZRO_USDC | −0.019% | +0.0013% | 4h | $21K | $7K | 10x | as long as short |
| Kraken Futures PF_ZROUSDlong | 0.000% | −0.0211% | 1h | $258K | $569K | 25x | |
| Backpack ZRO_USDC_PERP | +0.015% | +0.0100% | 1h | $89K | $202K | 20x | as long as short |
| Polymarket Perps ZRO-USD | +0.032% | +0.0100% | 1h | $79K | $916K | 5x | as long as short |
| dYdX ZRO-USD | +0.040% | 0.0000% | 1h | $21K | $2K | 5x | as long as short |
| Aster ZROUSDT | +0.059% | +0.0100% | 4h | $158K | $160K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.061% | L +0.0293% / S −0.2341% | 1h | $3K | — | 100x | as long as short |
| Hyperliquid ZRO | +0.100% | +0.0100% | 1h | $37.8M | $8.4M | 5x | as long as short |
| Lighter ZRO | +0.236% | +0.0096% | 1h | $4.8M | $1.3M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.328% | +0.1143% | 1h | $12K | $124K | 12x | as long as short |