ZRO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Polymarket Perps against Bybit+0.109%7-day average +0.105% · 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−$46as in the Price arb table

costs, in and out, $10k−$460.465% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.117%−$12 on $10k

Price spread, last 3 days (all we have)+0.123%+$12 · spread now +0.109%, 7d avg +0.105%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZROUSDT	1.1877	0.0100	pay 0.0050% / 4h	55m 32s	$18.1M	$14.7M	50x
Short	Polymarket Perps ZRO-USD	1.1890	0.0100	get 0.0013% / 1h	55m 32s	$89K	$815K	5x

Funding history

latest

Range statsloading…

Polymarket Perps against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BybitbpFee Polymarket PerpsbpOrdersPrice spread, now +0.109%Rate

Slippage from Bybit: live order book, 3 min ago; Polymarket Perps: live order book, 48 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	0.84 bp	16.0 bp −$16	37.8 bp −$378	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 48 min ago	2.96 bp	7.1 bp −$7	10.3 bp −$103	doesn't fit	doesn't fit

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	−0.0152%	1h	1.1879	+0.018%	$7K	$3K	5x	as long as short
Orderly PERP_ZRO_USDC	−0.0019%	4h	1.1869	−0.067%	$21K	$7K	10x	as long as short
Lighter ZRO	+0.0096%	1h	1.1878	+0.008%	$4.4M	$1.5M	5x	as long as short
Aster ZROUSDT	+0.0100%	4h	1.1880	+0.024%	$159K	$154K	10x	as long as short
Pacifica ZRO	+0.0100%	1h	1.1879	+0.019%	$138K	$181K	5x	as long as short
Binance ZROUSDT	+0.0100%	4h	1.1881	+0.035%	$22.3M	$31.3M	75x	as long as short
Bybit ZROUSDTlong	+0.0100%	4h	1.1877	long leg	$18.1M	$14.7M	50x
OKX ZRO-USDT-SWAP	+0.0100%	4h	1.1886	+0.076%	$3.2M	$8.4M	20x	as long as short
Gate ZRO_USDT	+0.0100%	4h	1.1870	−0.059%	$1.4M	$1.8M	75x	as long as short
MEXC ZRO_USDT	+0.0100%	4h	1.1882	+0.042%	$19.2M	$2.7M	125x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ZROUSDTM	+0.0100%	4h	1.1865	−0.101%	$2.5M	$2.0M	50x	as long as short
Bitget ZROUSDT	+0.0100%	4h	1.1879	+0.017%	$2.8M	$2.4M	75x	as long as short
BingX ZRO-USDT	+0.0100%	4h	1.1875	−0.017%	—	$10.7M	—	as long as short
Variational Omni ZRO	+0.0100%	4h	1.1837	−0.338%	$2.3M	$850K	—	as long as short
ApeX Omni ZROUSDT	+0.0100%	1h	1.1870	−0.059%	$37K	$687K	50x	as long as short
Polymarket Perps ZRO-USDshort	+0.0100%	1h	1.1890	+0.109%	$89K	$815K	5x
Aevo ZRO-PERP	+0.0104%	1h	1.1870	−0.059%	$21K	—	3x	as long as short
BloFin ZRO-USDT	+0.0118%	4h	1.1875	−0.017%	$1.1M	$258K	75x	as long as short
Kraken Futures PF_ZROUSD	+0.0131%	1h	1.1881	+0.032%	$255K	$434K	25x	as long as short
Backpack ZRO_USDC_PERP	+0.0169%	1h	1.1875	−0.017%	$101K	$208K	20x	as long as short
dYdX ZRO-USD	+0.0228%	1h	1.1879	+0.015%	$21K	$2K	5x	as long as short
Hyperliquid ZRO	+0.0237%	1h	1.1899	+0.185%	$37.8M	$6.2M	5x	as long as short
Nado ZRO-PERP	+0.0240%	1h	1.1876	−0.012%	$1.3M	$126K	5x	as long as short
GMX ZRO/USD [ETH-USDC]	L +0.0292% / S −0.2341%	1h	1.1870	−0.056%	$3K	—	100x	as long as short
Injective ZRO/USDC PERP	+0.1159%	1h	1.1910	+0.278%	$12K	$260K	12x	as long as short
Extended ZRO-USD	+0.1984%	1h	1.1876	−0.012%	$784K	$558K	10x	as long as short