Spread before costs (cost unknown: a leg has no order-book sample)−0.077%
7d average—if it closes, per $10,000$8funding while held, a day−$1.29
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZRO | 1.1836 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $2.3M | $903K | — |
| Short | dYdX ZRO-USD | 1.1827 | 0.0057 | get 0.0007% / 1h | 16m 49s | $21K | $1K | 5x |
Variational Omni ZRO
dYdX ZRO-USDPrice 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
- −$7.68
- Funding while held
- −$1.29
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$18.97
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0043%
- Per $10,000 a day
- −$1.29
- 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, 4 min ago | 4.44 bp | doesn't fit | 43.2 bp −$432 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 Omni1.1810cheapestExtended1.1824+0.123%Bybit1.1825+0.127%Pacifica1.1825+0.128%Nado1.1826+0.137%
ApeX Omni
Extended
Bybit
Pacifica
NadodYdX1.1827+0.147%
Bitget1.1829+0.161%Gate1.1830+0.169%KuCoin1.1830+0.169%BingX1.1830+0.169%MEXC1.1831+0.178%Polymarket Perps1.1831+0.178%BloFin1.1831+0.178%Binance1.1834+0.203%OKX1.1834+0.203%
Bitget
Gate
KuCoin
BingX
MEXC
Polymarket Perps
BloFin
Binance
OKXVariational Omni1.1836+0.224%
Orderly1.1838+0.237%Aster1.1838+0.238%Backpack1.1839+0.246%Aevo1.1840+0.254%GMX1.1841+0.258%Kraken Futures1.1843+0.283%01 Exchange1.1848+0.320%Lighter1.1853+0.362%Hyperliquid1.1854+0.375%Injective1.1870+0.508%
Orderly
Aster
Backpack
Aevo
GMX
Kraken Futures
Lighter
Hyperliquid
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ZROUSDT | −0.223% | +0.0100% | 1h | $37K | $682K | 50x | as long as short |
| Extended ZRO-USD | −0.101% | +0.0104% | 1h | $787K | $474K | 10x | as long as short |
| Bybit ZROUSDT | −0.096% | −0.0044% | 4h | $18.3M | $17.6M | 50x | as long as short |
| Pacifica ZRO | −0.095% | +0.0100% | 1h | $142K | $218K | 5x | as long as short |
| Nado ZRO-PERP | −0.087% | +0.0355% | 1h | $1.3M | $119K | 5x | as long as short |
| dYdX ZRO-USDshort | −0.077% | +0.0057% | 1h | $21K | $1K | 5x | |
| Bitget ZROUSDT | −0.063% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Gate ZRO_USDT | −0.054% | +0.0100% | 4h | $1.4M | $2.2M | 75x | as long as short |
| KuCoin ZROUSDTM | −0.054% | +0.0100% | 4h | $2.4M | $1.3M | 50x | as long as short |
| BingX ZRO-USDT | −0.054% | +0.0100% | 4h | — | $9.0M | — | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | −0.046% | +0.0100% | 4h | $17.8M | $3.9M | 125x | as long as short |
| Polymarket Perps ZRO-USD | −0.046% | +0.0100% | 1h | $81K | $863K | 5x | as long as short |
| BloFin ZRO-USDT | −0.046% | +0.0134% | 4h | $1.1M | $277K | 75x | as long as short |
| Binance ZROUSDT | −0.021% | +0.0100% | 4h | $22.8M | $34.5M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | −0.020% | +0.0100% | 4h | $3.2M | $8.0M | 20x | as long as short |
| Variational Omni ZROlong | 0.000% | +0.0100% | 4h | $2.3M | $903K | — | |
| Orderly PERP_ZRO_USDC | +0.013% | −0.0058% | 4h | $21K | $7K | 10x | as long as short |
| Aster ZROUSDT | +0.014% | +0.0100% | 4h | $159K | $153K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.022% | +0.0100% | 1h | $89K | $202K | 20x | as long as short |
| Aevo ZRO-PERP | +0.030% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.035% | L +0.0282% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.059% | −0.0158% | 1h | $262K | $573K | 25x | as long as short |
| 01 Exchange ZROUSD | +0.096% | +0.0240% | 1h | $7K | $3K | 5x | as long as short |
| Lighter ZRO | +0.138% | +0.0280% | 1h | $4.8M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.151% | +0.0708% | 1h | $39.0M | $7.5M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.284% | +0.0456% | 1h | $12K | $147K | 12x | as long as short |