data as of
Settings8H · net · $10k
Price arb /

ZRO

all ZRO markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.119%7d average+0.055%fees + slippage, in and out−$48spread needed0.481%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZRO-PERP1.21010.0402pay 0.0050% / 1h1m 11s$1.4M$118K5x
ShortHyperliquid ZRO1.21150.0348get 0.0044% / 1h1m 11s$39.9M$7.3M5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$11.95
Funding while held
−$1.6
Slippage, 4 orders
−$32.12
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$37.78
Spread needed to break even
0.481%
Slippage from Nado: live order book, 4 min ago; Hyperliquid: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0053%
Per $10,000 a day
$1.60
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 4 min ago2.06 bp9.4 bp −$949.6 bp −$496doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago1.24 bp14.4 bp −$14doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ZRO/USDC PERP−0.087%+0.0032%1h$13K$173K12xas long as short
Bybit ZROUSDT−0.079%+0.0100%4h$18.7M$17.3M50xas long as short
BingX ZRO-USDT−0.062%+0.0100%4h$8.6Mas long as short
OKX ZRO-USDT-SWAP−0.046%−0.0001%4h$3.3M$8.2M20xas long as short
Aevo ZRO-PERP−0.022%+0.0104%1h$21K3xas long as short
Bitget ZROUSDT−0.021%+0.0100%4h$2.8M$2.9M75xas long as short
Pacifica ZRO−0.004%+0.0100%1h$146K$220K5xas long as short
Gate ZRO_USDT−0.004%+0.0100%4h$1.4M$2.1M75xas long as short
ApeX Omni ZROUSDT−0.004%+0.0100%1h$39K$676K50xas long as short
01 Exchange ZROUSD−0.001%−0.0344%1h$7K$3K5xas long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Nado ZRO-PERPlong0.000%+0.0402%1h$1.4M$118K5x
Extended ZRO-USD+0.003%+0.0104%1h$810K$465K10xas long as short
MEXC ZRO_USDT+0.004%+0.0100%4h$17.9M$3.8M125xas long as short
Backpack ZRO_USDC_PERP+0.004%+0.0166%1h$91K$187K20xas long as short
Orderly PERP_ZRO_USDC+0.004%−0.0098%4h$21K$7K10xas long as short
dYdX ZRO-USD+0.009%+0.0043%1h$22K$7595xas long as short
Binance ZROUSDT+0.020%+0.0100%4h$23.2M$34.1M75xas long as short
Kraken Futures PF_ZROUSD+0.032%−0.0954%1h$269K$573K25xas long as short
KuCoin ZROUSDTM+0.037%+0.0100%4h$2.5M$1.3M50xas long as short
GMX ZRO/USD [ETH-USDC]+0.041%L +0.0286% / S −0.2124%1h$3K100xas long as short
Aster ZROUSDT+0.053%+0.0100%4h$137K$105K10xas long as short
Polymarket Perps ZRO-USD+0.062%+0.0100%1h$86K$839K5xas long as short
BloFin ZRO-USDT+0.070%+0.0048%4h$1.1M$287K75xas long as short
Lighter ZRO+0.109%+0.0096%1h$4.9M$1.3M5xas long as short
Hyperliquid ZROshort+0.119%+0.0348%1h$39.9M$7.3M5x
Variational Omni ZRO+0.436%+0.0100%4h$2.4M$808Kas long as short