After costs, if the gap returns to its 7d average, $10k−$138
spread now−0.011%7d average−0.077%fees + slippage, in and out−$145spread needed1.446%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZROUSD | 1.2101 | −0.0954 | get 0.0119% / 1h | 43m 11s | $271K | $570K | 25x |
| Short | Gate ZRO_USDT | 1.2100 | 0.0100 | get 0.0050% / 4h | 1h 43m | $1.4M | $2.1M | 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
- −$1.07
- Funding while held
- $31.63
- Slippage, 4 orders
- −$119.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$114.07
- Spread needed to break even
- 1.446%
Slippage from Kraken Futures: live order book, 11 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1054%
- Per $10,000 a day
- +$31.63
- 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, 11 min ago | 25.22 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.13 bp | 31.4 bp −$31 | 85.7 bp −$857 | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZRO | −0.202% | +0.0100% | 4h | $2.4M | $758K | — | as long as short |
| ApeX Omni ZROUSDT | −0.176% | +0.0100% | 1h | $39K | $676K | 50x | as long as short |
| Bybit ZROUSDT | −0.035% | +0.0100% | 4h | $18.7M | $17.0M | 50x | as long as short |
| Bitget ZROUSDT | −0.035% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| Extended ZRO-USD | −0.015% | +0.0680% | 1h | $808K | $461K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.011% | −0.0061% | 4h | $3.3M | $8.2M | 20x | as long as short |
| Gate ZRO_USDTshort | −0.011% | +0.0100% | 4h | $1.4M | $2.1M | 75x | |
| BingX ZRO-USDT | −0.002% | +0.0100% | 4h | — | $8.6M | — | as long as short |
| Kraken Futures PF_ZROUSDlong | 0.000% | −0.0954% | 1h | $271K | $570K | 25x | |
| Nado ZRO-PERP | +0.004% | +0.0299% | 1h | $1.4M | $108K | 5x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.006% | −0.0110% | 4h | $21K | $7K | 10x | as long as short |
| Binance ZROUSDT | +0.014% | +0.0100% | 4h | $23.2M | $33.7M | 75x | as long as short |
| MEXC ZRO_USDT | +0.022% | +0.0100% | 4h | $17.7M | $3.8M | 125x | as long as short |
| BloFin ZRO-USDT | +0.022% | +0.0088% | 4h | $1.1M | $285K | 75x | as long as short |
| Aevo ZRO-PERP | +0.027% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Pacifica ZRO | +0.036% | +0.0100% | 1h | $147K | $218K | 5x | as long as short |
| Polymarket Perps ZRO-USD | +0.039% | +0.0100% | 1h | $86K | $853K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.047% | +0.0100% | 1h | $89K | $174K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.053% | L +0.0408% / S −0.4670% | 1h | $6K | — | 100x | as long as short |
| Aster ZROUSDT | +0.061% | +0.0100% | 4h | $137K | $103K | 10x | as long as short |
| dYdX ZRO-USD | +0.075% | 0.0000% | 1h | $22K | $419 | 5x | as long as short |
| KuCoin ZROUSDTM | +0.097% | +0.0100% | 4h | $2.6M | $1.3M | 50x | as long as short |
| Hyperliquid ZRO | +0.105% | +0.0100% | 1h | $40.0M | $7.2M | 5x | as long as short |
| Lighter ZRO | +0.162% | +0.0112% | 1h | $4.9M | $1.2M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.403% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |
Kraken Futures PF_ZROUSD
Gate ZRO_USDT
Variational Omni
ApeX Omni
Bybit
Bitget
Extended
OKX
BingX
Binance
MEXC
BloFin
Pacifica
Polymarket Perps
Backpack
GMX
Aster
KuCoin
Hyperliquid
Lighter
Injective