Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against ApeX Omni−0.400%63s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.565% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.391%+$39 · spread now −0.400%, 7d avg +0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.433% cheaper against ApeX Omni than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of +0.033%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZROUSDT | 1.1760 | 0.0100 | pay 0.0013% / 1h | 10m 03s | $39K | $677K | 50x |
| Short | Polymarket Perps ZRO-USD | 1.1713 | 0.0100 | get 0.0013% / 1h | 10m 03s | $99K | $844K | 5x |
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.400% → +0.033%
- −$43.3
- Slippage, 4 orders
- −$38.53
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$99.83
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 43 min ago; Polymarket Perps: live order book, 3 min ago.
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 ApeX Omni live order book, 43 min ago | 8.46 bp | 24.1 bp −$24 | 120.6 bp −$1,206 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.55 bp | 6.8 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
ZRO on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0051% | 4h | 1.1706 | −0.459% | $20K | $5K | 10x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1712 | −0.404% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1712 | −0.408% | $136K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1699 | −0.519% | $22.0M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1696 | −0.544% | $17.9M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1701 | −0.502% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1700 | −0.510% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1699 | −0.519% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1715 | −0.383% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1697 | −0.536% | $2.7M | $2.5M | 75x | as long as short |
Orderly PERP_ZRO_USDC
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | +0.0100% | 4h | 1.1701 | −0.502% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1701 | −0.502% | $96K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | −0.380% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDTlong | +0.0100% | 1h | 1.1760 | long leg | $39K | $677K | 50x | |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1713 | −0.400% | $99K | $844K | 5x | |
| Lighter ZRO | +0.0104% | 1h | 1.1728 | −0.270% | $4.4M | $1.2M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1700 | −0.510% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0126% | 4h | 1.1729 | −0.264% | $1.1M | $250K | 75x | as long as short |
| dYdX ZRO-USD | +0.0136% | 1h | 1.1719 | −0.350% | $21K | $4K | 5x | as long as short |
| Nado ZRO-PERP | +0.0212% | 1h | 1.1715 | −0.384% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1702 | −0.491% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0344% | 1h | 1.1716 | −0.372% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0463% | 1h | 1.1713 | −0.398% | $256K | $355K | 25x | as long as short |
| Hyperliquid ZRO | +0.0544% | 1h | 1.1714 | −0.391% | $37.2M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1040% | 1h | 1.1700 | −0.511% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1800 | +0.340% | $12K | $261K | 12x | as long as short |
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Lighter ZRO
Aevo ZRO-PERP
BloFin ZRO-USDT
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP