Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against KuCoin+0.144%49s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as 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−$1131.135% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 3 days (all we have)−0.015%−$2 · spread now +0.144%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.098% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.046%. The two prices were read 49 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 | KuCoin ZROUSDTM | 1.1843 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $2.4M | $1.9M | 50x |
| Short | Polymarket Perps ZRO-USD | 1.1860 | 0.0100 | get 0.0013% / 1h | 6m 33s | $93K | $840K | 5x |
KuCoin ZROUSDTM
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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: +0.144% → +0.046%
- $9.77
- Slippage, 4 orders
- −$93.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$103.69
- Costs to cover
- 1.135%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Polymarket Perps: live order book, 26 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 KuCoin live order book, 5 min ago | 5.06 bp | 42.4 bp −$42 | 122.1 bp −$1,221 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 26 min ago | 2.55 bp | 15.9 bp −$16 | 41.4 bp −$414 | 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 | −0.0112% | 1h | 1.1799 | −0.373% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0010% | 4h | 1.1854 | +0.093% | $21K | $6K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0059% | 4h | 1.1857 | +0.118% | $1.1M | $258K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1852 | +0.076% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1843 | 0.000% | $37.5M | $5.6M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1845 | +0.015% | $158K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1831 | −0.105% | $137K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1812 | −0.258% | $22.2M | $30.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1818 | −0.211% | $18.1M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1816 | −0.228% | $3.2M | $8.0M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1830 | −0.110% | $1.4M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1827 | −0.135% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1843 | long leg | $2.4M | $1.9M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1829 | −0.118% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1830 | −0.110% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1845 | +0.017% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1870 | +0.228% | $37K | $686K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1860 | +0.144% | $93K | $840K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1850 | +0.059% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0185% | 1h | 1.1844 | +0.012% | $21K | $3K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1860 | +0.148% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0293% | 1h | 1.1819 | −0.199% | $1.3M | $126K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0299% | 1h | 1.1869 | +0.223% | $254K | $408K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0449% | 1h | 1.1855 | +0.101% | $98K | $207K | 20x | as long as short |
| Extended ZRO-USD | +0.1160% | 1h | 1.1817 | −0.215% | $792K | $613K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1920 | +0.650% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
dYdX ZRO-USD
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Extended ZRO-USD
Injective ZRO/USDC PERP