Spread before costs (cost unknown: a leg has no order-book sample)+0.121%
7d average—if it closes, per $10,000$12funding while held, a day−$8.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1791 | 0.0304 | pay 0.0038% / 1h | 58m 34s | $7K | $3K | 5x |
| Short | dYdX ZRO-USD | 1.1806 | 0.0020 | get 0.0003% / 1h | 58m 34s | $21K | $1K | 5x |
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
- $12.06
- Funding while held
- −$8.52
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$13.46
- Spread needed to break even
- 0.170%
Slippage unknown: 01 Exchange: no order-book sample; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0284%
- Per $10,000 a day
- −$8.52
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
01 Exchange and 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.Nado1.1768cheapestVariational Omni1.1769+0.003%ApeX Omni1.1780+0.099%BloFin1.1784+0.133%Aevo1.1785+0.144%GMX1.1788+0.167%Orderly1.1789+0.176%Backpack1.1790+0.184%Polymarket Perps1.1790+0.184%Kraken Futures1.1795+0.226%Extended1.1796+0.235%Bybit1.1797+0.244%OKX1.1797+0.244%KuCoin1.1798+0.252%BingX1.1798+0.252%Binance1.1800+0.269%Gate1.1800+0.269%MEXC1.1800+0.269%Bitget1.1803+0.295%Pacifica1.1804+0.301%
Nado
Variational Omni
ApeX Omni
BloFin
Aevo
GMX
Orderly
Backpack
Polymarket Perps
Kraken Futures
Extended
Bybit
OKX
KuCoin
BingX
Binance
Gate
MEXC
Bitget
PacificadYdX1.1806+0.317%
Aster1.1808+0.335%Injective1.1820+0.439%Lighter1.1827+0.499%Hyperliquid1.1832+0.541%
Aster
Injective
Lighter
HyperliquidZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ZRO-PERP | −0.196% | +0.0477% | 1h | $1.3M | $128K | 5x | as long as short |
| Variational Omni ZRO | −0.192% | +0.0100% | 4h | $2.3M | $904K | — | as long as short |
| ApeX Omni ZROUSDT | −0.097% | +0.0100% | 1h | $37K | $680K | 50x | as long as short |
| BloFin ZRO-USDT | −0.063% | +0.0090% | 4h | $1.1M | $277K | 75x | as long as short |
| Aevo ZRO-PERP | −0.052% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| GMX ZRO/USD [ETH-USDC] | −0.029% | L +0.0282% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Orderly PERP_ZRO_USDC | −0.020% | −0.0043% | 4h | $21K | $7K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | −0.012% | −0.0298% | 1h | $91K | $202K | 20x | as long as short |
| Polymarket Perps ZRO-USD | −0.012% | +0.0100% | 1h | $80K | $857K | 5x | as long as short |
| 01 Exchange ZROUSDlong | 0.000% | +0.0304% | 1h | $7K | $3K | 5x |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZROUSD | +0.029% | +0.0097% | 1h | $261K | $574K | 25x | as long as short |
| Extended ZRO-USD | +0.039% | +0.0104% | 1h | $787K | $474K | 10x | as long as short |
| Bybit ZROUSDT | +0.047% | +0.0100% | 4h | $18.3M | $17.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.047% | +0.0100% | 4h | $3.2M | $7.9M | 20x | as long as short |
| KuCoin ZROUSDTM | +0.056% | +0.0100% | 4h | $2.5M | $1.5M | 50x | as long as short |
| BingX ZRO-USDT | +0.056% | +0.0100% | 4h | — | $9.0M | — | as long as short |
| Binance ZROUSDT | +0.073% | +0.0100% | 4h | $22.6M | $34.9M | 75x | as long as short |
| Gate ZRO_USDT | +0.073% | +0.0100% | 4h | $1.4M | $2.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.073% | +0.0100% | 4h | $17.7M | $3.7M | 125x | as long as short |
| Bitget ZROUSDT | +0.098% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| Pacifica ZRO | +0.104% | +0.0100% | 1h | $142K | $220K | 5x | as long as short |
| dYdX ZRO-USDshort | +0.121% | +0.0020% | 1h | $21K | $1K | 5x | |
| Aster ZROUSDT | +0.139% | +0.0100% | 4h | $159K | $153K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.243% | +0.1291% | 1h | $12K | $122K | 12x | as long as short |
| Lighter ZRO | +0.303% | +0.0592% | 1h | $4.8M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.344% | +0.0911% | 1h | $38.8M | $7.6M | 5x | as long as short |