Spread before costs (cost unknown: a leg has no order-book sample)+0.448%
7d average+0.111%if it closes, per $10,000$45funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZRO | 1.2272 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $2.5M | $657K | — |
| Short | Hyperliquid ZRO | 1.2327 | 0.0100 | get 0.0013% / 1h | 40m 45s | $41.0M | $6.8M | 5x |
Variational Omni ZRO
Hyperliquid ZROPrice 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
- $44.83
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $35.83
- Spread needed to break even
- 0.090%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Hyperliquid: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 | 4.76 bp | doesn't fit | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.81 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
ZRO price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1.2272cheapest
Injective1.2280+0.065%01 Exchange1.2289+0.141%ApeX Omni1.2300+0.228%Nado1.2300+0.229%Aevo1.2306+0.275%Bitget1.2309+0.302%Orderly1.2309+0.302%BloFin1.2309+0.302%Polymarket Perps1.2310+0.310%GMX1.2311+0.315%Bybit1.2315+0.351%KuCoin1.2318+0.375%Pacifica1.2318+0.378%Kraken Futures1.2319+0.386%dYdX1.2319+0.386%Gate1.2320+0.391%Binance1.2321+0.399%OKX1.2321+0.399%MEXC1.2325+0.432%Backpack1.2325+0.432%Aster1.2325+0.435%
Injective
ApeX Omni
Nado
Aevo
Bitget
Orderly
BloFin
Polymarket Perps
GMX
Bybit
KuCoin
Pacifica
Kraken Futures
dYdX
Gate
Binance
OKX
MEXC
Backpack
AsterHyperliquid1.2327+0.448%
Extended1.2333+0.496%BingX1.2334+0.505%Lighter1.2342+0.569%
Extended
BingX
LighterZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZROlong | 0.000% | +0.0100% | 4h | $2.5M | $657K | — | |
| Injective ZRO/USDC PERP | +0.065% | +0.0634% | 1h | $13K | $176K | 12x | as long as short |
| 01 Exchange ZROUSD | +0.141% | −0.0304% | 1h | $10K | $75 | 5x | as long as short |
| ApeX Omni ZROUSDT | +0.228% | +0.0100% | 1h | $39K | $674K | 50x | as long as short |
| Nado ZRO-PERP | +0.229% | +0.0143% | 1h | $1.3M | $85K | 5x | as long as short |
| Aevo ZRO-PERP | +0.275% | +0.0104% | 1h | $22K | — | 3x | as long as short |
| Bitget ZROUSDT | +0.302% | +0.0100% | 4h | $2.8M | $2.9M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.302% | −0.0051% | 4h | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.302% | +0.0124% | 4h | $1.1M | $294K | 75x | as long as short |
| Polymarket Perps ZRO-USD | +0.310% | +0.0100% | 1h | $86K | $823K | 5x | 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] | +0.315% | L +0.0411% / S −0.4670% | 1h | $7K | — | 100x | as long as short |
| Bybit ZROUSDT | +0.351% | +0.0100% | 4h | $19.1M | $16.6M | 50x | as long as short |
| KuCoin ZROUSDTM | +0.375% | +0.0100% | 4h | $2.7M | $1.2M | 50x | as long as short |
| Pacifica ZRO | +0.378% | +0.0100% | 1h | $155K | $195K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.386% | −0.0188% | 1h | $278K | $563K | 25x | as long as short |
| dYdX ZRO-USD | +0.386% | 0.0000% | 1h | $22K | $79 | 5x | as long as short |
| Gate ZRO_USDT | +0.391% | +0.0100% | 4h | $1.4M | $2.0M | 75x | as long as short |
| Binance ZROUSDT | +0.399% | +0.0100% | 4h | $23.8M | $32.6M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | +0.399% | −0.0028% | 4h | $3.4M | $8.2M | 20x | as long as short |
| MEXC ZRO_USDT | +0.432% | +0.0100% | 4h | $17.9M | $3.7M | 125x | as long as short |
| Backpack ZRO_USDC_PERP | +0.432% | +0.0100% | 1h | $84K | $171K | 20x | as long as short |
| Aster ZROUSDT | +0.435% | +0.0100% | 4h | $139K | $99K | 10x | as long as short |
| Hyperliquid ZROshort | +0.448% | +0.0100% | 1h | $41.0M | $6.8M | 5x | |
| Extended ZRO-USD | +0.496% | +0.0104% | 1h | $823K | $255K | 10x | as long as short |
| BingX ZRO-USDT | +0.505% | +0.0100% | 4h | — | $8.5M | — | as long as short |
| Lighter ZRO | +0.569% | +0.0096% | 1h | $5.1M | $963K | 5x | as long as short |