After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.145%7d average+0.146%fees + slippage, in and out−$28spread needed0.280%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.2118 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $17.7M | $3.8M | 125x |
| Short | Lighter ZRO | 1.2136 | 0.0096 | get 0.0012% / 1h | 37m 41s | $4.9M | $1.2M | 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
- $14.52
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$27.98
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.58
- Spread needed to break even
- 0.280%
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 MEXC live order book, 2 min ago | 0.83 bp | 4.5 bp −$4 | 20.5 bp −$205 | 74.6 bp −$7,463 | 592.9 bp −$296.5K |
| Sell Lighter live order book, 12 min ago | 5.84 bp | 6.6 bp −$7 | 81.9 bp −$819 | 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 | |
|---|---|---|---|---|---|---|---|
| Aevo ZRO-PERP | −0.198% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Orderly PERP_ZRO_USDC | −0.173% | −0.0110% | 4h | $21K | $7K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.164% | L +0.0408% / S −0.4670% | 1h | $6K | — | 100x | as long as short |
| Backpack ZRO_USDC_PERP | −0.157% | +0.0100% | 1h | $89K | $181K | 20x | as long as short |
| Nado ZRO-PERP | −0.150% | +0.0315% | 1h | $1.4M | $109K | 5x | as long as short |
| Polymarket Perps ZRO-USD | −0.124% | +0.0100% | 1h | $86K | $853K | 5x | as long as short |
| Variational Omni ZRO | −0.123% | +0.0100% | 4h | $2.4M | $769K | — | as long as short |
| Kraken Futures PF_ZROUSD | −0.120% | −0.0954% | 1h | $270K | $571K | 25x | as long as short |
| Gate ZRO_USDT | −0.066% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| ApeX Omni ZROUSDT | −0.066% | +0.0100% | 1h | $39K | $677K | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ZROUSDT | −0.058% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| dYdX ZRO-USD | −0.054% | 0.0000% | 1h | $22K | $613 | 5x | as long as short |
| Bybit ZROUSDT | −0.050% | +0.0100% | 4h | $18.8M | $17.1M | 50x | as long as short |
| KuCoin ZROUSDTM | −0.041% | +0.0100% | 4h | $2.5M | $1.3M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | −0.025% | −0.0060% | 4h | $3.3M | $8.2M | 20x | as long as short |
| BingX ZRO-USDT | −0.008% | +0.0100% | 4h | — | $8.6M | — | as long as short |
| Aster ZROUSDT | −0.008% | +0.0100% | 4h | $137K | $103K | 10x | as long as short |
| Pacifica ZRO | 0.000% | +0.0100% | 1h | $147K | $218K | 5x | as long as short |
| MEXC ZRO_USDTlong | 0.000% | +0.0100% | 4h | $17.7M | $3.8M | 125x | |
| Binance ZROUSDT | +0.004% | +0.0100% | 4h | $23.3M | $33.7M | 75x | as long as short |
| BloFin ZRO-USDT | +0.017% | +0.0148% | 4h | $1.1M | $285K | 75x | as long as short |
| Extended ZRO-USD | +0.031% | +0.0400% | 1h | $809K | $461K | 10x | as long as short |
| Hyperliquid ZRO | +0.107% | +0.0100% | 1h | $40.0M | $7.3M | 5x | as long as short |
| Lighter ZROshort | +0.145% | +0.0096% | 1h | $4.9M | $1.2M | 5x | |
| Injective ZRO/USDC PERP | +0.347% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |
MEXC ZRO_USDT
Lighter ZRO
GMX
Backpack
Polymarket Perps
Variational Omni
Kraken Futures
Gate
ApeX Omni
Bitget
Bybit
KuCoin
OKX
BingX
Aster
Pacifica
Binance
BloFin
Extended
Hyperliquid
Injective