Spread before costs (cost unknown: a leg has no order-book sample)−0.153%
7d average—if it closes, per $10,000$15funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZROUSD | 1.1697 | 0.0096 | pay 0.0012% / 1h | 32m 21s | $7K | $3K | 5x |
| Short | Variational Omni ZRO | 1.1679 | 0.0100 | get 0.0050% / 4h | 2h 32m | $2.2M | $894K | — |
Variational Omni 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
- −$15.32
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$22.2
- Spread needed to break even
- 0.070%
Slippage unknown: 01 Exchange: no order-book sample; Variational Omni: RFQ quote, 3 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 3.19 bp | doesn't fit | 53.4 bp −$534 | doesn't fit | doesn't fit |
01 Exchange: 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.Variational Omni1.1679cheapest
Nado1.1692+0.105%Extended1.1692+0.110%Bybit1.1694+0.125%MEXC1.1694+0.125%Aevo1.1696+0.141%Binance1.1697+0.148%OKX1.1698+0.159%Gate1.1700+0.177%Pacifica1.1702+0.190%Kraken Futures1.1703+0.202%Polymarket Perps1.1703+0.202%BingX1.1704+0.211%Orderly1.1704+0.211%KuCoin1.1707+0.237%Hyperliquid1.1709+0.254%Bitget1.1709+0.254%dYdX1.1716+0.314%Aster1.1716+0.316%Backpack1.1719+0.339%GMX1.1720+0.344%Lighter1.1730+0.434%BloFin1.1736+0.485%ApeX Omni1.1760+0.690%Injective1.1800+1.033%
Nado
Extended
Bybit
MEXC
Aevo
Binance
OKX
Gate
Pacifica
Kraken Futures
Polymarket Perps
BingX
Orderly
KuCoin
Hyperliquid
Bitget
dYdX
Aster
Backpack
GMX
Lighter
BloFin
ApeX Omni
InjectiveZRO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZROshort | −0.153% | +0.0100% | 4h | $2.2M | $894K | — | |
| Nado ZRO-PERP | −0.048% | +0.0282% | 1h | $1.3M | $134K | 5x | as long as short |
| Extended ZRO-USD | −0.043% | +0.0392% | 1h | $777K | $535K | 10x | as long as short |
| Bybit ZROUSDT | −0.028% | +0.0100% | 4h | $18.1M | $17.7M | 50x | as long as short |
| MEXC ZRO_USDT | −0.028% | +0.0100% | 4h | $17.8M | $3.9M | 125x | as long as short |
| Aevo ZRO-PERP | −0.012% | +0.0104% | 1h | $21K | — | 3x | as long as short |
| Binance ZROUSDT | −0.006% | +0.0100% | 4h | $22.5M | $35.0M | 75x | as long as short |
| 01 Exchange ZROUSDlong | 0.000% | +0.0096% | 1h | $7K | $3K | 5x | |
| OKX ZRO-USDT-SWAP | +0.006% | +0.0100% | 4h | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.023% | +0.0100% | 4h | $1.3M | $2.2M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica ZRO | +0.037% | +0.0100% | 1h | $140K | $222K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.048% | +0.0098% | 1h | $258K | $574K | 25x | as long as short |
| Polymarket Perps ZRO-USD | +0.049% | +0.0100% | 1h | $78K | $900K | 5x | as long as short |
| BingX ZRO-USDT | +0.057% | +0.0100% | 4h | — | $9.0M | — | as long as short |
| Orderly PERP_ZRO_USDC | +0.057% | +0.0002% | 4h | $20K | $7K | 10x | as long as short |
| KuCoin ZROUSDTM | +0.083% | +0.0100% | 4h | $2.5M | $1.6M | 50x | as long as short |
| Hyperliquid ZRO | +0.100% | +0.0100% | 1h | $38.1M | $7.9M | 5x | as long as short |
| Bitget ZROUSDT | +0.100% | +0.0100% | 4h | $2.7M | $2.8M | 75x | as long as short |
| dYdX ZRO-USD | +0.161% | +0.0005% | 1h | $21K | $2K | 5x | as long as short |
| Aster ZROUSDT | +0.162% | +0.0100% | 4h | $156K | $157K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.186% | −0.0301% | 1h | $92K | $203K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | +0.190% | L +0.0282% / S −0.2124% | 1h | $3K | — | 100x | as long as short |
| Lighter ZRO | +0.280% | +0.0496% | 1h | $4.7M | $1.3M | 5x | as long as short |
| BloFin ZRO-USDT | +0.331% | +0.0103% | 4h | $1.1M | $274K | 75x | as long as short |
| ApeX Omni ZROUSDT | +0.536% | +0.0100% | 1h | $37K | $681K | 50x | as long as short |
| Injective ZRO/USDC PERP | +0.878% | +0.1291% | 1h | $12K | $122K | 12x | as long as short |