After costs, if the gap returns to its 7d average, $10k−$133
spread now−0.234%7d average−0.103%fees + slippage, in and out−$120spread needed1.199%
| 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 03s | $259K | $576K | 25x |
| Short | OKX ZRO-USDT-SWAP | 1.1784 | −0.0113 | pay 0.0057% / 4h | 1h 48m | $3.2M | $8.2M | 20x |
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
- −$23.37
- Funding while held
- $2.93
- Slippage, 4 orders
- −$99.88
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$140.32
- Spread needed to break even
- 1.199%
Slippage from Kraken Futures: live order book, 51 min ago; OKX: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0098%
- Per $10,000 a day
- +$2.93
- 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 OKX live order book, 1 min ago | 1.27 bp | 17.3 bp −$17 | 92.7 bp −$927 | doesn't fit | doesn't fit |
ZRO price on every exchange
against the cheapest. Click to use as the short leg.ZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | −0.293% | +0.0100% | 4h | $18.2M | $17.6M | 50x | as long as short |
| Bitget ZROUSDT | −0.285% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Extended ZRO-USD | −0.270% | +0.0512% | 1h | $780K | $545K | 10x | as long as short |
| KuCoin ZROUSDTM | −0.268% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| OKX ZRO-USDT-SWAPshort | −0.234% | −0.0113% | 4h | $3.2M | $8.2M | 20x | |
| Variational Omni ZRO | −0.231% | +0.0100% | 4h | $2.2M | $906K | — | as long as short |
| MEXC ZRO_USDT | −0.200% | +0.0100% | 4h | $17.9M | $3.8M | 125x | 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 |
| BingX ZRO-USDT | −0.174% | +0.0100% | 4h | — | $9.2M | — | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 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 |
| Hyperliquid ZRO | −0.149% | +0.0100% | 1h | $37.9M | $8.2M | 5x | as long as short |
| Binance ZROUSDT | −0.141% | +0.0100% | 4h | $22.5M | $35.7M | 75x | as long as short |
| Pacifica ZRO | −0.132% | +0.0100% | 1h | $142K | $218K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.115% | +0.0052% | 4h | $21K | $7K | 10x | as long as short |
| ApeX Omni ZROUSDT | −0.098% | +0.0100% | 1h | $37K | $682K | 50x | as long as short |
| 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 |
| Aster ZROUSDT | −0.048% | +0.0100% | 4h | $158K | $160K | 10x | 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 |
| Kraken Futures PF_ZROUSDlong | 0.000% | −0.0211% | 1h | $259K | $576K | 25x | |
| GMX ZRO/USD [ETH-USDC] | +0.069% | L +0.0293% / S −0.2341% | 1h | $3K | — | 100x | as long as short |
| Lighter ZRO | +0.147% | +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 |
Kraken Futures PF_ZROUSD
OKX ZRO-USDT-SWAP
Bybit
Bitget
Extended
KuCoin
Variational Omni
MEXC
Gate
BingX
BloFin
Hyperliquid
Binance
Pacifica
ApeX Omni
Backpack
Aster
Polymarket Perps
GMX
Lighter
Injective