Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against MEXC+0.335%49s7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$260.262% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.335%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.273% dearer against MEXC than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.062%. 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 | MEXC ZRO_USDT | 1.1641 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $19.1M | $2.7M | 125x |
| Short | Polymarket Perps ZRO-USD | 1.1680 | 0.0100 | get 0.0013% / 1h | 55m 35s | $99K | $826K | 5x |
MEXC ZRO_USDT
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against MEXC. 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: +0.335% → +0.062%
- $27.25
- Slippage, 4 orders
- −$18.19
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $1.06
- Costs to cover
- 0.262%
- Break-even
- from the start
Slippage from MEXC: live order book, 3 min ago; Polymarket Perps: live order book, 17 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 MEXC live order book, 3 min ago | 0.86 bp | 6.0 bp −$6 | 34.7 bp −$347 | 70.8 bp −$7,081 | 411.1 bp −$205.6K |
| Sell Polymarket Perps live order book, 17 min ago | 2.55 bp | 6.8 bp −$7 | 8.8 bp −$88 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | 0.0000% | 1h | 1.1639 | −0.020% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0058% | 4h | 1.1680 | +0.335% | $20K | $4K | 10x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1666 | +0.215% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1655 | +0.124% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1651 | +0.082% | $137K | $180K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1638 | −0.026% | $21.8M | $29.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1633 | −0.069% | $17.8M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1642 | +0.009% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1650 | +0.077% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1641 | long leg | $19.1M | $2.7M | 125x |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1632 | −0.077% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1642 | +0.009% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1637 | −0.034% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1672 | +0.266% | $94K | $219K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1670 | +0.253% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | +0.335% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1680 | +0.335% | $99K | $826K | 5x | |
| Lighter ZRO | +0.0104% | 1h | 1.1665 | +0.203% | $4.3M | $1.2M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1670 | +0.245% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0120% | 4h | 1.1694 | +0.455% | $1.1M | $249K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0144% | 1h | 1.1641 | 0.000% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0265% | 1h | 1.1674 | +0.286% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1676 | +0.298% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0704% | 1h | 1.1680 | +0.334% | $255K | $356K | 25x | as long as short |
| Extended ZRO-USD | +0.1040% | 1h | 1.1636 | −0.039% | $800K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1730 | +0.765% | $12K | $260K | 12x | as long as short |
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Lighter ZRO
Aevo ZRO-PERP
BloFin ZRO-USDT
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP