Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Binance+0.138%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$350.345% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now +0.138%, 7d avg +0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.074% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1810 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $22.2M | $32.1M | 75x |
| Short | Polymarket Perps ZRO-USD | 1.1826 | 0.0100 | get 0.0013% / 1h | 52m 28s | $88K | $906K | 5x |
Binance ZROUSDT
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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: +0.138% → +0.064%
- $7.42
- Slippage, 4 orders
- −$16.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$27.12
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Polymarket Perps: live order book, 56 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 Binance live order book, 4 min ago | 0.84 bp | 11.0 bp −$11 | 28.4 bp −$284 | 313.4 bp −$31.3K | doesn't fit |
| Sell Polymarket Perps live order book, 56 min ago | 1.27 bp | 6.5 bp −$7 | 10.8 bp −$108 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0480% | 1h | 1.1795 | −0.125% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0061% | 4h | 1.1807 | −0.023% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0041% | 4h | 1.1824 | +0.121% | $1.1M | $263K | 75x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1839 | +0.247% | $251K | $563K | 25x | as long as short |
| dYdX ZRO-USD | +0.0075% | 1h | 1.1827 | +0.145% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1812 | +0.019% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1828 | +0.155% | $37.5M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1834 | +0.202% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1811 | +0.008% | $139K | $190K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1810 | long leg | $22.2M | $32.1M | 75x |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Kraken Futures PF_ZROUSD
dYdX ZRO-USD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | +0.0100% | 4h | 1.1798 | −0.099% | $18.0M | $15.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1807 | −0.023% | $3.2M | $8.6M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1830 | +0.172% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1812 | +0.019% | $19.1M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1830 | +0.172% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1816 | +0.053% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1818 | +0.070% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1822 | +0.104% | $95K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1837 | +0.235% | $2.3M | $859K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1870 | +0.510% | $37K | $683K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1826 | +0.138% | $88K | $906K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1804 | −0.044% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0171% | 1h | 1.1811 | +0.012% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2416% | 1h | 1.1820 | +0.088% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1880 | +0.595% | $12K | $218K | 12x | as long as short |
| Extended ZRO-USD | +0.2152% | 1h | 1.1807 | −0.021% | $784K | $540K | 10x | as long as short |
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD