Funding you earn now, next payment 03:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.006%
Price spread now: Polymarket Perps against BloFin+0.111%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 4 days (all we have)+0.628%+$63 · spread now +0.111%, 7d avg +0.065%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.046% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.065%. Mind the row above: over the last 7 days funding on this pair cost −0.111%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRO-USDT | 1.1676 | 0.0080 | pay 0.0040% / 4h | 1h 38m | $1.1M | $248K | 75x |
| Short | Polymarket Perps ZRO-USD | 1.1689 | 0.0100 | get 0.0013% / 1h | 38m 30s | $99K | $851K | 5x |
BloFin ZRO-USDT
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- $4.27
- Price spread: +0.111% → +0.065%
- $4.63
- Slippage, 4 orders
- −$27.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$38.42
- Costs to cover
- 0.473%
- Break-even
- 70.0 days
Slippage from BloFin: live order book, 4 min ago; Polymarket Perps: live order book, 50 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 BloFin live order book, 4 min ago | 1.71 bp | 14.0 bp −$14 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 50 min ago | 0.43 bp | 9.4 bp −$9 | 19.6 bp −$196 | 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 | −0.0536% | 1h | 1.1687 | +0.092% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0041% | 4h | 1.1687 | +0.094% | $17.8M | $14.1M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1703 | +0.233% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDT | +0.0028% | 4h | 1.1690 | +0.120% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1679 | +0.026% | $20K | $5K | 10x | as long as short |
| BloFin ZRO-USDTlong | +0.0080% | 4h | 1.1676 | long leg | $1.1M | $248K | 75x | |
| Lighter ZRO | +0.0096% | 1h | 1.1723 | +0.401% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1724 | +0.411% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1712 | +0.306% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1707 | +0.266% | $136K | $175K | 5x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
dYdX ZRO-USD
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1695 | +0.165% | $21.9M | $29.9M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1695 | +0.163% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1703 | +0.231% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1698 | +0.188% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1698 | +0.188% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1699 | +0.197% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1686 | +0.086% | $94K | $212K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1694 | +0.156% | $2.3M | $813K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | +0.120% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1689 | +0.111% | $99K | $851K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1675 | −0.009% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0198% | 1h | 1.1692 | +0.140% | $257K | $407K | 25x | as long as short |
| Nado ZRO-PERP | +0.0199% | 1h | 1.1693 | +0.145% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1682 | +0.052% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0568% | 1h | 1.1702 | +0.220% | $781K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1730 | +0.462% | $12K | $260K | 12x | as long as short |
Binance ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP