Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.020%
Price spread now: dYdX against Polymarket Perps−0.123%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.123% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZRO-USD | 1.1752 | 0.0100 | pay 0.0013% / 1h | 24m 53s | $92K | $840K | 5x |
| Short | dYdX ZRO-USD | 1.1738 | 0 | get 0.0000% / 1h | 24m 53s | $21K | $3K | 5x |
Polymarket Perps ZRO-USD
dYdX ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.123% → 0.000%
- −$12.33
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$51.33
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 3 min ago; dYdX: no order-book sample. Net counts fees only.
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, 3 min ago | 0.43 bp | 4.4 bp −$4 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZRO on 25 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 | −0.0240% | 1h | 1.1736 | −0.140% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USDshort | 0.0000% | 1h | 1.1738 | −0.123% | $21K | $3K | 5x | |
| Bybit ZROUSDT | +0.0015% | 4h | 1.1726 | −0.221% | $18.0M | $14.0M | 50x | as long as short |
| Gate ZRO_USDT | +0.0022% | 4h | 1.1730 | −0.187% | $1.3M | $1.5M | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0027% | 4h | 1.1744 | −0.068% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1760 | +0.064% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1755 | +0.026% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1749 | −0.022% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1734 | −0.153% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1739 | −0.114% | $22.0M | $29.8M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
Gate ZRO_USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1739 | −0.111% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1737 | −0.128% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1742 | −0.085% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1741 | −0.094% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1734 | −0.153% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1744 | −0.068% | $96K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1736 | −0.140% | $2.3M | $817K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1740 | −0.102% | $39K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USDlong | +0.0100% | 1h | 1.1752 | long leg | $92K | $840K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1738 | −0.118% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0201% | 1h | 1.1741 | −0.091% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1752 | −0.003% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0370% | 1h | 1.1755 | +0.029% | $252K | $404K | 25x | as long as short |
| Extended ZRO-USD | +0.0840% | 1h | 1.1737 | −0.126% | $788K | $592K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1790 | +0.323% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP