Spread before costs (cost unknown: a leg has no order-book sample)+0.062%
7d average—if it closes, per $10,000$6funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZRO | 1.2088 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $2.4M | $758K | — |
| Short | Aevo ZRO-PERP | 1.2095 | 0.0104 | get 0.0013% / 1h | 50m 42s | $21K | — | 3x |
Variational Omni ZRO
Aevo ZRO-PERPPrice 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
- $6.17
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$9.71
- Spread needed to break even
- 0.160%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Aevo: no order-book sample. Net counts fees only.
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 Variational Omni RFQ quote, 5 min ago | 3.56 bp | doesn't fit | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.ApeX Omni1.2010cheapest
ApeX OmniVariational Omni1.2088+0.646%
OKX1.2093+0.691%
OKXAevo1.2095+0.708%
Bybit1.2096+0.716%BingX1.2096+0.716%Kraken Futures1.2098+0.732%Orderly1.2098+0.733%Extended1.2099+0.737%dYdX1.2099+0.745%Gate1.2100+0.749%Polymarket Perps1.2100+0.749%GMX1.2100+0.750%Nado1.2100+0.751%Bitget1.2101+0.758%Aster1.2103+0.775%BloFin1.2104+0.783%KuCoin1.2105+0.791%Pacifica1.2105+0.794%MEXC1.2107+0.808%Backpack1.2107+0.808%Binance1.2109+0.823%Hyperliquid1.2116+0.883%Lighter1.2116+0.886%Injective1.2200+1.582%
Bybit
BingX
Kraken Futures
Orderly
Extended
dYdX
Gate
Polymarket Perps
GMX
Nado
Bitget
Aster
BloFin
KuCoin
Pacifica
MEXC
Backpack
Binance
Hyperliquid
Lighter
InjectiveZRO on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ZROUSDT | −0.641% | −0.0042% | 1h | $38K | $674K | 50x | as long as short |
| Variational Omni ZROlong | 0.000% | +0.0100% | 4h | $2.4M | $758K | — | |
| OKX ZRO-USDT-SWAP | +0.045% | −0.0078% | 4h | $3.3M | $8.2M | 20x | as long as short |
| Aevo ZRO-PERPshort | +0.062% | +0.0104% | 1h | $21K | — | 3x | |
| Bybit ZROUSDT | +0.070% | +0.0100% | 4h | $18.7M | $17.0M | 50x | as long as short |
| BingX ZRO-USDT | +0.070% | +0.0100% | 4h | — | $8.6M | — | as long as short |
| Kraken Futures PF_ZROUSD | +0.086% | −0.0955% | 1h | $271K | $569K | 25x | as long as short |
| Orderly PERP_ZRO_USDC | +0.087% | −0.0110% | 4h | $21K | $7K | 10x | as long as short |
| Extended ZRO-USD | +0.091% | +0.1144% | 1h | $804K | $461K | 10x | as long as short |
| dYdX ZRO-USD | +0.099% | 0.0000% | 1h | $22K | $419 | 5x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.103% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| Polymarket Perps ZRO-USD | +0.103% | −0.0001% | 1h | $86K | $853K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.104% | L +0.0409% / S −0.4670% | 1h | $6K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.104% | +0.0255% | 1h | $1.4M | $108K | 5x | as long as short |
| Bitget ZROUSDT | +0.111% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| Aster ZROUSDT | +0.129% | +0.0100% | 4h | $136K | $103K | 10x | as long as short |
| BloFin ZRO-USDT | +0.136% | +0.0040% | 4h | $1.1M | $286K | 75x | as long as short |
| KuCoin ZROUSDTM | +0.144% | +0.0100% | 4h | $2.6M | $1.3M | 50x | as long as short |
| Pacifica ZRO | +0.148% | +0.0100% | 1h | $147K | $217K | 5x | as long as short |
| MEXC ZRO_USDT | +0.161% | +0.0100% | 4h | $17.7M | $3.8M | 125x | as long as short |
| Backpack ZRO_USDC_PERP | +0.161% | +0.0100% | 1h | $89K | $173K | 20x | as long as short |
| Binance ZROUSDT | +0.176% | +0.0100% | 4h | $23.3M | $33.6M | 75x | as long as short |
| Hyperliquid ZRO | +0.235% | +0.0100% | 1h | $40.0M | $7.1M | 5x | as long as short |
| Lighter ZRO | +0.239% | +0.0096% | 1h | $4.9M | $1.2M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.930% | +0.0032% | 1h | $13K | $146K | 12x | as long as short |