Funding you earn now, next payment 01:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.006%
Price spread now: BloFin against Polymarket Perps−0.101%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$580.582% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.101%, 7d avg −0.067%
=Funding pays, the price is against you. BloFin is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.067%). If the spread goes back, that is −$3 on $10k: about 3.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZRO-USD | 1.1869 | 0.0100 | pay 0.0013% / 1h | 10m 54s | $92K | $824K | 5x |
| Short | BloFin ZRO-USDT | 1.1857 | 0.0135 | get 0.0067% / 4h | 3h 10m | $1.1M | $256K | 75x |
Polymarket Perps ZRO-USD
BloFin ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Polymarket Perps. 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
- $7.29
- Price spread: −0.101% → −0.067%
- −$3.43
- Slippage, 4 orders
- −$38.17
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$54.31
- Costs to cover
- 0.582%
- Break-even
- 59.2 days
Slippage from Polymarket Perps: live order book, 22 min ago; BloFin: 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 Polymarket Perps live order book, 22 min ago | 2.55 bp | 6.6 bp −$7 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 0.84 bp | 20.9 bp −$21 | 40.5 bp −$405 | 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 | −0.0104% | 1h | 1.1856 | −0.108% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1854 | −0.126% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1869 | −0.003% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1885 | +0.135% | $37.6M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1869 | +0.001% | $159K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1862 | −0.056% | $137K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1872 | +0.025% | $22.3M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1861 | −0.067% | $18.1M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1868 | −0.008% | $3.2M | $8.1M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1860 | −0.076% | $1.4M | $1.5M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1859 | −0.084% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1863 | −0.051% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1869 | 0.000% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1865 | −0.034% | — | $15.8M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1845 | −0.202% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.160% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USDlong | +0.0100% | 1h | 1.1869 | long leg | $92K | $824K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1849 | −0.171% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDTshort | +0.0135% | 4h | 1.1857 | −0.101% | $1.1M | $256K | 75x | |
| dYdX ZRO-USD | +0.0204% | 1h | 1.1866 | −0.021% | $21K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0289% | 1h | 1.1857 | −0.100% | $1.4M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1861 | −0.071% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0299% | 1h | 1.1868 | −0.010% | $254K | $408K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0442% | 1h | 1.1864 | −0.042% | $98K | $207K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1910 | +0.345% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1216% | 1h | 1.1866 | −0.023% | $792K | $613K | 10x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD