Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Gate+0.213%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$650.654% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 3 days (all we have)+0.025%+$2 · spread now +0.213%, 7d avg +0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.157% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1750 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $1.3M | $2.0M | 75x |
| Short | Polymarket Perps ZRO-USD | 1.1775 | 0.0100 | get 0.0013% / 1h | 56m 53s | $86K | $1.0M | 5x |
Gate ZRO_USDT
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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: +0.213% → +0.056%
- $15.67
- Slippage, 4 orders
- −$42.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$49.77
- Costs to cover
- 0.654%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Polymarket Perps: live order book, 1 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 Gate live order book, 1 min ago | 4.25 bp | 24.2 bp −$24 | 72.2 bp −$722 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 1 min ago | 2.98 bp | 8.2 bp −$8 | 11.0 bp −$110 | 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 | −0.0296% | 1h | 1.1749 | −0.005% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0036% | 4h | 1.1764 | +0.119% | $21K | $7K | 10x | as long as short |
| Bybit ZROUSDT | −0.0025% | 4h | 1.1767 | +0.145% | $18.1M | $16.4M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0018% | 4h | 1.1772 | +0.187% | $3.2M | $9.3M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1766 | +0.136% | $21K | $2K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1793 | +0.366% | $37.5M | $7.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1776 | +0.219% | $157K | $165K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1759 | +0.073% | $143K | $201K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1778 | +0.235% | $22.3M | $34.8M | 75x | as long as short |
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1750 | long leg | $1.3M | $2.0M | 75x |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
dYdX ZRO-USD
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1780 | +0.255% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1766 | +0.136% | $2.5M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1779 | +0.247% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1775 | +0.213% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1777 | +0.230% | $92K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1788 | +0.325% | $2.2M | $892K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | +0.170% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1775 | +0.213% | $86K | $1.0M | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1760 | +0.085% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0136% | 4h | 1.1760 | +0.085% | $1.1M | $265K | 75x | as long as short |
| Extended ZRO-USD | +0.0144% | 1h | 1.1779 | +0.245% | $780K | $559K | 10x | as long as short |
| Lighter ZRO | +0.0248% | 1h | 1.1782 | +0.276% | $4.7M | $1.1M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1772 | +0.189% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0310% | 1h | 1.1761 | +0.092% | $1.3M | $132K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0318% | 1h | 1.1779 | +0.244% | $249K | $574K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1800 | +0.426% | $12K | $145K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
BloFin ZRO-USDT
Extended ZRO-USD
Lighter ZRO
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP