Spread before costs (cost unknown: a leg has no order-book sample)−0.042%
7d average—if it closes, per $10,000$4funding while held, a day−$4.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZRO | 1.1874 | 0.0100 | pay 0.0013% / 1h | 23m 16s | $143K | $219K | 5x |
| Short | Orderly PERP_ZRO_USDC | 1.1869 | −0.0059 | pay 0.0029% / 4h | 3h 23m | $21K | $7K | 10x |
Pacifica ZRO
Orderly PERP_ZRO_USDCPrice 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
- −$4.21
- Funding while held
- −$4.76
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$22.97
- Spread needed to break even
- 0.140%
Slippage unknown: Pacifica: live order book, 21 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0159%
- Per $10,000 a day
- −$4.76
- 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, 21 min ago | 3.76 bp | 19.6 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Bitget1.1859cheapestExtended1.1860+0.008%Bybit1.1860+0.008%Gate1.1860+0.008%Aevo1.1860+0.008%Nado1.1861+0.019%BloFin1.1863+0.034%Binance1.1864+0.042%BingX1.1864+0.042%MEXC1.1866+0.059%GMX1.1866+0.060%
Bitget
Extended
Bybit
Gate
Aevo
Nado
BloFin
Binance
BingX
MEXC
GMXOrderly1.1869+0.084%
OKX1.1871+0.101%KuCoin1.1871+0.101%Backpack1.1871+0.101%Aster1.1872+0.110%Polymarket Perps1.1873+0.118%Kraken Futures1.1874+0.126%
OKX
KuCoin
Backpack
Aster
Polymarket Perps
Kraken FuturesPacifica1.1874+0.126%
01 Exchange1.1876+0.145%Lighter1.1885+0.219%dYdX1.1885+0.222%Hyperliquid1.1886+0.228%Variational Omni1.1903+0.368%ApeX Omni1.1920+0.514%Injective1.1930+0.599%
Lighter
dYdX
Hyperliquid
Variational Omni
ApeX Omni
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ZROUSDT | −0.126% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Extended ZRO-USD | −0.118% | +0.0104% | 1h | $795K | $474K | 10x | as long as short |
| Bybit ZROUSDT | −0.118% | +0.0006% | 4h | $18.3M | $17.6M | 50x | as long as short |
| Gate ZRO_USDT | −0.118% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| Aevo ZRO-PERP | −0.118% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | −0.107% | +0.0358% | 1h | $1.3M | $121K | 5x | as long as short |
| BloFin ZRO-USDT | −0.093% | +0.0058% | 4h | $1.1M | $281K | 75x | as long as short |
| Binance ZROUSDT | −0.084% | +0.0100% | 4h | $22.8M | $34.5M | 75x | as long as short |
| BingX ZRO-USDT | −0.084% | +0.0100% | 4h | — | $8.9M | — | as long as short |
| MEXC ZRO_USDT | −0.067% | +0.0100% | 4h | $17.9M | $3.9M | 125x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX ZRO/USD [ETH-USDC] | −0.067% | L +0.0283% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Orderly PERP_ZRO_USDCshort | −0.042% | −0.0059% | 4h | $21K | $7K | 10x | |
| OKX ZRO-USDT-SWAP | −0.025% | +0.0100% | 4h | $3.2M | $8.0M | 20x | as long as short |
| KuCoin ZROUSDTM | −0.025% | +0.0100% | 4h | $2.4M | $1.3M | 50x | as long as short |
| Backpack ZRO_USDC_PERP | −0.025% | +0.0100% | 1h | $90K | $199K | 20x | as long as short |
| Aster ZROUSDT | −0.016% | +0.0100% | 4h | $160K | $151K | 10x | as long as short |
| Polymarket Perps ZRO-USD | −0.008% | +0.0100% | 1h | $81K | $846K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | 0.000% | −0.0157% | 1h | $263K | $572K | 25x | as long as short |
| Pacifica ZROlong | 0.000% | +0.0100% | 1h | $143K | $219K | 5x | |
| 01 Exchange ZROUSD | +0.019% | +0.0240% | 1h | $7K | $3K | 5x | as long as short |
| Lighter ZRO | +0.093% | +0.0288% | 1h | $4.8M | $1.3M | 5x | as long as short |
| dYdX ZRO-USD | +0.096% | +0.0066% | 1h | $21K | $1K | 5x | as long as short |
| Hyperliquid ZRO | +0.101% | +0.0725% | 1h | $39.1M | $7.4M | 5x | as long as short |
| Variational Omni ZRO | +0.242% | +0.0100% | 4h | $2.3M | $906K | — | as long as short |
| ApeX Omni ZROUSDT | +0.387% | +0.0100% | 1h | $37K | $681K | 50x | as long as short |
| Injective ZRO/USDC PERP | +0.472% | +0.0456% | 1h | $12K | $147K | 12x | as long as short |