Spread before costs (cost unknown: a leg has no order-book sample)−0.195%
7d average—if it closes, per $10,000$20funding while held, a day−$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZRO | 1.1859 | 0.0096 | pay 0.0012% / 1h | 13m 00s | $4.8M | $1.3M | 5x |
| Short | dYdX ZRO-USD | 1.1836 | 0 | get 0.0000% / 1h | 13m 00s | $21K | $2K | 5x |
Lighter ZRO
dYdX 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
- −$19.5
- Funding while held
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$32.38
- Spread needed to break even
- 0.100%
Slippage unknown: Lighter: live order book, 6 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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 Lighter live order book, 6 min ago | 14.74 bp | 14.9 bp −$15 | 80.4 bp −$804 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZRO price on every exchange
against the cheapest. Click to use as the short leg.Bybit1.1814cheapest01 Exchange1.1815+0.008%Extended1.1817+0.028%Variational Omni1.1817+0.029%Nado1.1818+0.036%Aevo1.1819+0.044%Gate1.1820+0.051%ApeX Omni1.1820+0.051%MEXC1.1821+0.059%Bitget1.1823+0.076%BloFin1.1823+0.076%OKX1.1824+0.085%KuCoin1.1824+0.085%Pacifica1.1825+0.093%BingX1.1825+0.093%Binance1.1829+0.127%Orderly1.1829+0.127%Kraken Futures1.1831+0.146%Backpack1.1833+0.161%Polymarket Perps1.1835+0.178%
Bybit
Extended
Variational Omni
Nado
Aevo
Gate
ApeX Omni
MEXC
Bitget
BloFin
OKX
KuCoin
Pacifica
BingX
Binance
Orderly
Kraken Futures
Backpack
Polymarket PerpsdYdX1.1836+0.186%
Aster1.1837+0.195%GMX1.1838+0.207%Hyperliquid1.1843+0.245%
Aster
GMX
HyperliquidLighter1.1859+0.382%
Injective1.1870+0.474%
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | −0.380% | −0.0086% | 4h | $18.2M | $17.1M | 50x | as long as short |
| 01 Exchange ZROUSD | −0.372% | −0.0472% | 1h | $7K | $3K | 5x | as long as short |
| Extended ZRO-USD | −0.353% | +0.0104% | 1h | $784K | $563K | 10x | as long as short |
| Variational Omni ZRO | −0.352% | +0.0054% | 4h | $2.2M | $904K | — | as long as short |
| Nado ZRO-PERP | −0.345% | +0.0334% | 1h | $1.3M | $133K | 5x | as long as short |
| Aevo ZRO-PERP | −0.337% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Gate ZRO_USDT | −0.330% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| ApeX Omni ZROUSDT | −0.330% | +0.0100% | 1h | $37K | $680K | 50x | as long as short |
| MEXC ZRO_USDT | −0.321% | +0.0100% | 4h | $18.1M | $3.8M | 125x | as long as short |
| Bitget ZROUSDT | −0.304% | +0.0100% | 4h | $2.7M | $2.7M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ZRO-USDT | −0.304% | +0.0082% | 4h | $1.1M | $274K | 75x | as long as short |
| OKX ZRO-USDT-SWAP | −0.296% | −0.0257% | 4h | $3.2M | $8.2M | 20x | as long as short |
| KuCoin ZROUSDTM | −0.296% | +0.0100% | 4h | $2.6M | $1.5M | 50x | as long as short |
| Pacifica ZRO | −0.288% | +0.0100% | 1h | $142K | $212K | 5x | as long as short |
| BingX ZRO-USDT | −0.288% | +0.0100% | 4h | — | $9.1M | — | as long as short |
| Binance ZROUSDT | −0.254% | +0.0100% | 4h | $22.4M | $35.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | −0.254% | +0.0013% | 4h | $21K | $7K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | −0.235% | −0.0211% | 1h | $258K | $569K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | −0.220% | +0.0100% | 1h | $89K | $202K | 20x | as long as short |
| Polymarket Perps ZRO-USD | −0.203% | +0.0100% | 1h | $79K | $916K | 5x | as long as short |
| dYdX ZRO-USDshort | −0.195% | 0.0000% | 1h | $21K | $2K | 5x | |
| Aster ZROUSDT | −0.186% | +0.0100% | 4h | $158K | $160K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.174% | L +0.0293% / S −0.2341% | 1h | $3K | — | 100x | as long as short |
| Hyperliquid ZRO | −0.136% | +0.0100% | 1h | $37.8M | $8.4M | 5x | as long as short |
| Lighter ZROlong | 0.000% | +0.0096% | 1h | $4.8M | $1.3M | 5x | |
| Injective ZRO/USDC PERP | +0.092% | +0.1143% | 1h | $12K | $124K | 12x | as long as short |