Spread before costs (cost unknown: a leg has no order-book sample)+0.155%
7d average+0.068%if it closes, per $10,000$15funding while held, a day+$7.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZRO | 1.2149 | 0.0100 | pay 0.0013% / 1h | 8m 49s | $147K | $220K | 5x |
| Short | Hyperliquid ZRO | 1.2168 | 0.0342 | get 0.0043% / 1h | 8m 49s | $40.1M | $7.3M | 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
- $15.47
- Funding while held
- $7.25
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $5.72
- Spread needed to break even
- 0.170%
Slippage unknown: Pacifica: live order book, 46 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0242%
- Per $10,000 a day
- +$7.25
- 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 Pacifica live order book, 46 min ago | 3.72 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.67 bp | 11.8 bp −$12 | 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 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZRO | −0.850% | +0.0100% | 4h | $2.4M | $808K | — | as long as short |
| ApeX Omni ZROUSDT | −0.570% | +0.0100% | 1h | $39K | $676K | 50x | as long as short |
| BloFin ZRO-USDT | −0.232% | +0.0111% | 4h | $1.1M | $287K | 75x | as long as short |
| Bybit ZROUSDT | −0.084% | +0.0100% | 4h | $18.8M | $17.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | −0.084% | +0.0004% | 4h | $3.3M | $8.3M | 20x | as long as short |
| Orderly PERP_ZRO_USDC | −0.084% | −0.0100% | 4h | $21K | $7K | 10x | as long as short |
| Gate ZRO_USDT | −0.076% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| Aevo ZRO-PERP | −0.061% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Extended ZRO-USD | −0.043% | +0.0104% | 1h | $810K | $465K | 10x | as long as short |
| Bitget ZROUSDT | −0.043% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | −0.043% | +0.0100% | 4h | — | $8.7M | — | as long as short |
| MEXC ZRO_USDT | −0.035% | +0.0100% | 4h | $17.8M | $3.8M | 125x | as long as short |
| Binance ZROUSDT | −0.026% | +0.0100% | 4h | $23.3M | $34.0M | 75x | as long as short |
| Kraken Futures PF_ZROUSD | −0.017% | −0.0951% | 1h | $270K | $573K | 25x | as long as short |
| dYdX ZRO-USD | −0.017% | +0.0041% | 1h | $22K | $613 | 5x | as long as short |
| Aster ZROUSDT | −0.011% | +0.0100% | 4h | $137K | $105K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.007% | L +0.0285% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Polymarket Perps ZRO-USD | −0.002% | +0.0100% | 1h | $86K | $844K | 5x | as long as short |
| Pacifica ZROlong | 0.000% | +0.0100% | 1h | $147K | $220K | 5x | |
| Nado ZRO-PERP | +0.013% | +0.0367% | 1h | $1.4M | $118K | 5x | as long as short |
| KuCoin ZROUSDTM | +0.015% | +0.0100% | 4h | $2.6M | $1.3M | 50x | as long as short |
| Backpack ZRO_USDC_PERP | +0.023% | +0.0120% | 1h | $92K | $187K | 20x | as long as short |
| Lighter ZRO | +0.147% | +0.0096% | 1h | $4.9M | $1.2M | 5x | as long as short |
| Hyperliquid ZROshort | +0.155% | +0.0342% | 1h | $40.1M | $7.3M | 5x | |
| Injective ZRO/USDC PERP | +0.171% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |
Pacifica ZRO
Hyperliquid ZRO
Variational Omni
ApeX Omni
BloFin
Bybit
OKX
Gate
Extended
Bitget
BingX
MEXC
Binance
Kraken Futures
Aster
GMX
Polymarket Perps
KuCoin
Backpack
Lighter
Injective