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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Polymarket Perps+0.067%7-day average −0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.067%, 7d avg −0.046%
Together, before fees−0.218%−$22 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: KuCoin is 0.113% dearer against Polymarket Perps than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.19850.0100pay 0.0013% / 1h3m 12s$102K$789K5x
ShortKuCoin ZROUSDTM1.19930.0100get 0.0050% / 4h3h 03m$2.5M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 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: +0.067% → −0.046%
$11.27
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$8.73
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps no order-book sample
Sell KuCoin live order book, 4 min ago7.08 bp84.9 bp −$85175.6 bp −$1,756doesn't fitdoesn't fit
Polymarket Perps: 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 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−0.0272%1h1.1965−0.169%$4K$5K5xas long as short
dYdX ZRO-USD0.0000%1h1.1991+0.054%$22K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0051%4h1.1975−0.083%$21K$4K10xas long as short
BloFin ZRO-USDT+0.0071%4h1.1979−0.050%$1.1M$152K75xas long as short
Lighter ZRO+0.0096%1h1.1995+0.086%$4.5M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1989+0.036%$38.0M$5.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1992+0.062%$162K$147K10xas long as short
Pacifica ZRO+0.0100%1h1.1976−0.075%$138K$161K5xas long as short
Binance ZROUSDT+0.0100%4h1.1973−0.097%$22.5M$28.6M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1967−0.150%$18.4M$12.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1977−0.067%$3.2M$7.9M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1970−0.125%$1.4M$1.3M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1974−0.092%$9.6M$2.9M125xas long as short
KuCoin ZROUSDTMshort+0.0100%4h1.1993+0.067%$2.5M$2.2M50x
Bitget ZROUSDT+0.0100%4h1.1974−0.092%$2.8M$2.3M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1974−0.092%$21.5Mas long as short
Variational Omni ZRO+0.0100%4h1.1986+0.009%$2.3M$739Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.2000+0.125%$40K$670K50xas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1985long leg$102K$789K5x
Aevo ZRO-PERP+0.0104%1h1.1980−0.042%$21K3xas long as short
Nado ZRO-PERP+0.0121%1h1.1974−0.095%$1.4M$119K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0294% / S −0.2341%1h1.1989+0.030%$3K100xas long as short
Extended ZRO-USD+0.0304%1h1.1972−0.111%$818K$646K10xas long as short
Backpack ZRO_USDC_PERP+0.0512%1h1.1982−0.025%$96K$217K20xas long as short
Kraken Futures PF_ZROUSD+0.0547%1h1.1981−0.032%$272K$290K25xas long as short
Injective ZRO/USDC PERP+0.1160%1h1.2040+0.459%$13K$258K12xas long as short