After costs, if the gap returns to its 7d average, $10k−$129
spread now+0.033%7d average+0.070%fees + slippage, in and out−$126spread needed1.257%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.2114 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $2.6M | $1.3M | 50x |
| Short | Hyperliquid ZRO | 1.2118 | 0.0100 | get 0.0013% / 1h | 48m 05s | $40.0M | $7.2M | 5x |
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
- $3.3
- Funding while held
- $0
- Slippage, 4 orders
- −$104.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$122.43
- Spread needed to break even
- 1.257%
Slippage from KuCoin: live order book, 5 min ago; Hyperliquid: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 KuCoin live order book, 5 min ago | 4.14 bp | 42.7 bp −$43 | 156.9 bp −$1,569 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.65 bp | 15.2 bp −$15 | doesn't fit | 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 | −0.218% | +0.0100% | 4h | $2.4M | $758K | — | as long as short |
| Gate ZRO_USDT | −0.116% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| ApeX Omni ZROUSDT | −0.116% | +0.0093% | 1h | $39K | $675K | 50x | as long as short |
| Aevo ZRO-PERP | −0.116% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| OKX ZRO-USDT-SWAP | −0.099% | −0.0066% | 4h | $3.3M | $8.2M | 20x | as long as short |
| Bybit ZROUSDT | −0.083% | +0.0100% | 4h | $18.8M | $17.0M | 50x | as long as short |
| Bitget ZROUSDT | −0.074% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| Extended ZRO-USD | −0.074% | +0.0968% | 1h | $808K | $461K | 10x | as long as short |
| Orderly PERP_ZRO_USDC | −0.066% | −0.0110% | 4h | $21K | $7K | 10x | as long as short |
| Binance ZROUSDT | −0.058% | +0.0100% | 4h | $23.2M | $33.6M | 75x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | −0.058% | +0.0100% | 4h | — | $8.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | −0.058% | +0.0100% | 1h | $89K | $174K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.051% | L +0.0408% / S −0.4670% | 1h | $6K | — | 100x | as long as short |
| MEXC ZRO_USDT | −0.041% | +0.0100% | 4h | $17.7M | $3.8M | 125x | as long as short |
| Aster ZROUSDT | −0.004% | +0.0100% | 4h | $136K | $103K | 10x | as long as short |
| KuCoin ZROUSDTMlong | 0.000% | +0.0100% | 4h | $2.6M | $1.3M | 50x | |
| Kraken Futures PF_ZROUSD | +0.002% | −0.0953% | 1h | $271K | $569K | 25x | as long as short |
| BloFin ZRO-USDT | +0.025% | +0.0133% | 4h | $1.1M | $286K | 75x | as long as short |
| Hyperliquid ZROshort | +0.033% | +0.0100% | 1h | $40.0M | $7.2M | 5x | |
| Pacifica ZRO | +0.067% | +0.0100% | 1h | $147K | $218K | 5x | as long as short |
| dYdX ZRO-USD | +0.073% | 0.0000% | 1h | $22K | $419 | 5x | as long as short |
| Lighter ZRO | +0.088% | +0.0096% | 1h | $4.9M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.130% | +0.0266% | 1h | $1.4M | $108K | 5x | as long as short |
| Polymarket Perps ZRO-USD | +0.165% | +0.0100% | 1h | $86K | $853K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.710% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |
KuCoin ZROUSDTM
Hyperliquid ZRO
Variational Omni
Gate
ApeX Omni
OKX
Bybit
Bitget
Extended
Binance
BingX
Backpack
GMX
MEXC
Aster
Kraken Futures
BloFin
Pacifica
Lighter
Polymarket Perps
Injective