Settings8H · net · $10k
Funding arb · Price arb /

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Pacifica−0.274%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$550.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 3 days (all we have)+0.587%+$59 · spread now −0.274%, 7d avg +0.058%
Together, before fees+0.491%+ Points / potential airdropPacifica: Active · farm board+$49 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.331% cheaper against Pacifica than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ZRO1.17790.0100pay 0.0013% / 1h54m 35s$143K$201K5x
ShortPolymarket Perps ZRO-USD1.17470.0100get 0.0013% / 1h54m 35s$86K$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: −0.274% → +0.058%
−$33.11
Slippage, 4 orders
−$38.89
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$88
Costs to cover
0.549%
Break-even
never at this rate
Slippage from Pacifica: live order book, 33 min ago; Polymarket Perps: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 33 min ago4.24 bp18.7 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago2.98 bp8.2 bp −$811.0 bp −$110doesn't fitdoesn't fit

ZRO on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZROUSD−0.0248%1h1.1781+0.011%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0037%4h1.1801+0.185%$21K$7K10xas long as short
OKX ZRO-USDT-SWAP−0.0011%4h1.1735−0.375%$3.2M$9.2M20xas long as short
Bybit ZROUSDT−0.0007%4h1.1725−0.460%$18.0M$16.3M50xas long as short
dYdX ZRO-USD0.0000%1h1.1787+0.068%$21K$2K5xas long as short
Hyperliquid ZRO+0.0100%1h1.1759−0.172%$37.3M$7.1M5xas long as short
Aster ZROUSDT+0.0100%4h1.1791+0.097%$158K$163K10xas long as short
Pacifica ZROlong+0.0100%1h1.1779long leg$143K$201K5x
Binance ZROUSDT+0.0100%4h1.1742−0.316%$22.2M$34.5M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1750−0.248%$1.3M$2.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1783+0.032%$19.0M$3.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1774−0.044%$2.6M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1737−0.358%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1746−0.282%$10.9Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1801+0.185%$92K$208K20xas long as short
Variational Omni ZRO+0.0100%4h1.1766−0.113%$2.2M$893Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1770−0.078%$37K$683K50xas long as short
Polymarket Perps ZRO-USDshort+0.0100%1h1.1747−0.274%$86K$1.0M5x
Aevo ZRO-PERP+0.0104%1h1.1800+0.176%$21K3xas long as short
BloFin ZRO-USDT+0.0104%4h1.1778−0.010%$1.1M$265K75xas long as short
Lighter ZRO+0.0176%1h1.1790+0.088%$4.7M$1.2M5xas long as short
Nado ZRO-PERP+0.0221%1h1.1738−0.348%$1.3M$131K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1803+0.204%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0318%1h1.1808+0.248%$250K$574K25xas long as short
Extended ZRO-USD+0.0336%1h1.1736−0.367%$780K$560K10xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1820+0.346%$12K$145K12xas long as short