Spread before costs (cost unknown: a leg has no order-book sample)−0.296%
7d average—if it closes, per $10,000$30funding while held, a day−$13.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ZRO | 1.1673 | 0.0376 | pay 0.0047% / 1h | 11m 15s | $4.7M | $1.3M | 5x |
| Short | 01 Exchange ZROUSD | 1.1639 | −0.0088 | pay 0.0011% / 1h | 11m 15s | $7K | $3K | 5x |
Lighter ZROPrice 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
- −$29.64
- Funding while held
- −$13.92
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$50.56
- Spread needed to break even
- 0.070%
Slippage unknown: Lighter: live order book, 3 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0464%
- Per $10,000 a day
- −$13.92
- 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, 3 min ago | 5.59 bp | 18.7 bp −$19 | 82.4 bp −$824 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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.Bybit1.1626cheapestExtended1.1627+0.005%OKX1.1630+0.034%Aevo1.1632+0.050%Bitget1.1632+0.052%Binance1.1638+0.099%BingX1.1638+0.103%Kraken Futures1.1639+0.109%MEXC1.1639+0.112%Nado1.1640+0.122%KuCoin1.1642+0.138%Polymarket Perps1.1642+0.138%Orderly1.1643+0.146%Hyperliquid1.1647+0.181%Pacifica1.1649+0.202%GMX1.1650+0.204%Gate1.1650+0.206%dYdX1.1658+0.271%Variational Omni1.1659+0.288%Aster1.1661+0.297%
Bybit
Extended
OKX
Aevo
Bitget
Binance
BingX
Kraken Futures
MEXC
Nado
KuCoin
Polymarket Perps
Orderly
Hyperliquid
Pacifica
GMX
Gate
dYdX
Variational Omni
AsterLighter1.1673+0.408%
BloFin1.1674+0.413%Backpack1.1680+0.464%ApeX Omni1.1680+0.464%Injective1.1710+0.723%
BloFin
Backpack
ApeX Omni
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | −0.406% | +0.0037% | 4h | $18.0M | $17.6M | 50x | as long as short |
| Extended ZRO-USD | −0.401% | +0.0632% | 1h | $773K | $536K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.372% | −0.0003% | 4h | $3.2M | $8.0M | 20x | as long as short |
| Aevo ZRO-PERP | −0.357% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Bitget ZROUSDT | −0.355% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Binance ZROUSDT | −0.307% | +0.0100% | 4h | $22.2M | $35.4M | 75x | as long as short |
| BingX ZRO-USDT | −0.303% | +0.0100% | 4h | — | $9.2M | — | as long as short |
| Kraken Futures PF_ZROUSD | −0.298% | +0.0098% | 1h | $256K | $576K | 25x | as long as short |
| 01 Exchange ZROUSDshort | −0.296% | −0.0088% | 1h | $7K | $3K | 5x | |
| MEXC ZRO_USDT | −0.295% | +0.0100% | 4h | $17.7M | $3.9M | 125x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ZRO-PERP | −0.284% | +0.0294% | 1h | $1.3M | $135K | 5x | as long as short |
| KuCoin ZROUSDTM | −0.269% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| Polymarket Perps ZRO-USD | −0.269% | +0.0100% | 1h | $79K | $943K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.260% | +0.0022% | 4h | $20K | $7K | 10x | as long as short |
| Hyperliquid ZRO | −0.226% | +0.0100% | 1h | $37.7M | $8.1M | 5x | as long as short |
| Pacifica ZRO | −0.205% | +0.0100% | 1h | $140K | $218K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.203% | L +0.0282% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Gate ZRO_USDT | −0.200% | +0.0100% | 4h | $1.3M | $2.2M | 75x | as long as short |
| dYdX ZRO-USD | −0.136% | +0.0003% | 1h | $21K | $2K | 5x | as long as short |
| Variational Omni ZRO | −0.119% | +0.0100% | 4h | $2.2M | $894K | — | as long as short |
| Aster ZROUSDT | −0.110% | +0.0100% | 4h | $156K | $157K | 10x | as long as short |
| Lighter ZROlong | 0.000% | +0.0376% | 1h | $4.7M | $1.3M | 5x | |
| BloFin ZRO-USDT | +0.005% | +0.0076% | 4h | $812K | $275K | 75x | as long as short |
| Backpack ZRO_USDC_PERP | +0.057% | −0.0436% | 1h | $91K | $202K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.057% | +0.0100% | 1h | $37K | $682K | 50x | as long as short |
| Injective ZRO/USDC PERP | +0.314% | +0.1291% | 1h | $12K | $124K | 12x | as long as short |