Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.039%
Price spread now: Polymarket Perps against OKX−0.111%57s7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$560.556% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.111%, 7d avg +0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.192% cheaper against OKX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.081%. The two prices were read 57 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 | OKX ZRO-USDT-SWAP | 1.1673 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $3.2M | $7.8M | 20x |
| Short | Polymarket Perps ZRO-USD | 1.1660 | 0.0100 | get 0.0013% / 1h | 20m 31s | $102K | $815K | 5x |
OKX ZRO-USDT-SWAP
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against OKX. 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: −0.111% → +0.081%
- −$19.23
- Slippage, 4 orders
- −$37.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$74.78
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Polymarket Perps: live order book, 52 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 OKX live order book, 2 min ago | 3.45 bp | 19.0 bp −$19 | 90.0 bp −$900 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 52 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 | +0.0009% | 1h | 1.1678 | +0.046% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0044% | 4h | 1.1640 | −0.283% | $1.0M | $249K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0068% | 4h | 1.1647 | −0.223% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1706 | +0.283% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1691 | +0.154% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1677 | +0.034% | $157K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1678 | +0.040% | $137K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1675 | +0.018% | $21.8M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1676 | +0.026% | $17.9M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAPlong | +0.0100% | 4h | 1.1673 | long leg | $3.2M | $7.8M | 20x |
dYdX ZRO-USD
BloFin ZRO-USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1670 | −0.026% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1679 | +0.051% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1672 | −0.009% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1672 | −0.009% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1677 | +0.034% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1650 | −0.197% | $94K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1633 | −0.339% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1580 | −0.797% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1660 | −0.111% | $102K | $815K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1641 | −0.270% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0112% | 1h | 1.1680 | +0.063% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0186% | 1h | 1.1658 | −0.130% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1642 | −0.269% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0706% | 1h | 1.1651 | −0.192% | $252K | $335K | 25x | as long as short |
| Extended ZRO-USD | +0.0992% | 1h | 1.1679 | +0.047% | $799K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1630 | −0.368% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP