After costs, if the gap returns to its 7d average, $10k−$93
spread now−0.158%7d average−0.197%fees + slippage, in and out−$97spread needed0.969%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZRO | 1.1929 | 0.0136 | pay 0.0017% / 1h | 58m 15s | $4.8M | $1.3M | 5x |
| Short | Injective ZRO/USDC PERP | 1.1910 | 0.0456 | get 0.0057% / 1h | 58m 15s | $12K | $147K | 12x |
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
- −$15.84
- Funding while held
- $9.61
- Slippage, 4 orders
- −$96.84
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$103.09
- Spread needed to break even
- 0.969%
Slippage from Lighter: live order book, 6 min ago; Injective: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0320%
- Per $10,000 a day
- +$9.61
- 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 | 2.42 bp | 8.6 bp −$9 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell Injective live order book, 17 min ago | 37.77 bp | 47.8 bp −$48 | 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 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | −0.184% | +0.0100% | 4h | $18.4M | $17.8M | 50x | as long as short |
| Pacifica ZRO | −0.171% | +0.0100% | 1h | $144K | $221K | 5x | as long as short |
| Nado ZRO-PERP | −0.161% | +0.0391% | 1h | $1.3M | $117K | 5x | as long as short |
| Gate ZRO_USDT | −0.158% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| BingX ZRO-USDT | −0.158% | +0.0100% | 4h | — | $8.9M | — | as long as short |
| Aevo ZRO-PERP | −0.158% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Injective ZRO/USDC PERPshort | −0.158% | +0.0456% | 1h | $12K | $147K | 12x | |
| dYdX ZRO-USD | −0.150% | 0.0000% | 1h | $21K | $1K | 5x | as long as short |
| Bitget ZROUSDT | −0.150% | +0.0100% | 4h | $2.7M | $2.9M | 75x | as long as short |
| MEXC ZRO_USDT | −0.142% | +0.0100% | 4h | $17.8M | $3.8M | 125x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | −0.142% | +0.0100% | 4h | $2.4M | $1.3M | 50x | as long as short |
| BloFin ZRO-USDT | −0.142% | +0.0090% | 4h | $1.1M | $283K | 75x | as long as short |
| Extended ZRO-USD | −0.133% | +0.0104% | 1h | $795K | $473K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.125% | +0.0091% | 4h | $3.3M | $8.2M | 20x | as long as short |
| Kraken Futures PF_ZROUSD | −0.125% | −0.0157% | 1h | $265K | $575K | 25x | as long as short |
| Aster ZROUSDT | −0.121% | +0.0100% | 4h | $134K | $107K | 10x | as long as short |
| Binance ZROUSDT | −0.117% | +0.0100% | 4h | $22.9M | $34.8M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | −0.100% | −0.0065% | 4h | $21K | $7K | 10x | as long as short |
| 01 Exchange ZROUSD | −0.066% | +0.0128% | 1h | $7K | $3K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | −0.058% | +0.0100% | 1h | $92K | $195K | 20x | as long as short |
| Polymarket Perps ZRO-USD | −0.058% | +0.0100% | 1h | $83K | $828K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.055% | L +0.0382% / S −0.4219% | 1h | $6K | — | 100x | as long as short |
| Lighter ZROlong | 0.000% | +0.0136% | 1h | $4.8M | $1.3M | 5x | |
| ApeX Omni ZROUSDT | +0.009% | +0.0100% | 1h | $37K | $679K | 50x | as long as short |
| Hyperliquid ZRO | +0.034% | +0.0651% | 1h | $39.3M | $7.5M | 5x | as long as short |
| Variational Omni ZRO | +0.056% | +0.0100% | 4h | $2.4M | $823K | — | as long as short |
Lighter ZRO
Injective ZRO/USDC PERP
Bybit
Pacifica
Gate
BingX
Bitget
MEXC
KuCoin
BloFin
Extended
OKX
Kraken Futures
Aster
Binance
Backpack
Polymarket Perps
GMX
ApeX Omni
Hyperliquid
Variational Omni