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% APRpaid last 24h 0.000%
Price spread now: MEXC against Polymarket Perps−0.017%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$230.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 3 days (all we have)−0.186%−$19 · spread now −0.017%, 7d avg −0.058%
Together, before fees−0.084%−$8 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: MEXC is 0.041% dearer against Polymarket Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.17990.0100pay 0.0013% / 1h28m 16s$87K$922K5x
ShortMEXC ZRO_USDT1.17970.0100get 0.0050% / 4h2h 28m$19.0M$3.5M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.017% → −0.058%
$4.06
Slippage, 4 orders
−$14.53
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$18.47
Costs to cover
0.225%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 20 min ago; MEXC: live order book, just now.

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 live order book, 20 min ago1.27 bp5.3 bp −$516.6 bp −$166doesn't fitdoesn't fit
Sell MEXC live order book, just now1.70 bp5.9 bp −$642.1 bp −$42178.6 bp −$7,855242.8 bp −$121.4K

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−0.0464%1h1.1789−0.084%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0061%4h1.1803+0.034%$21K$7K10xas long as short
dYdX ZRO-USD+0.0002%1h1.1791−0.068%$21K$2K5xas long as short
Bybit ZROUSDT+0.0061%4h1.1786−0.110%$18.1M$15.7M50xas long as short
OKX ZRO-USDT-SWAP+0.0062%4h1.1803+0.034%$3.2M$9.0M20xas long as short
Lighter ZRO+0.0096%1h1.1803+0.034%$4.6M$1.3M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1806+0.059%$37.5M$6.9M5xas long as short
Aster ZROUSDT+0.0100%4h1.17990.000%$158K$160K10xas long as short
Pacifica ZRO+0.0100%1h1.1790−0.073%$143K$193K5xas long as short
Binance ZROUSDT+0.0100%4h1.1801+0.020%$22.3M$33.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1780−0.161%$1.3M$2.0M75xas long as short
MEXC ZRO_USDTshort+0.0100%4h1.1797−0.017%$19.0M$3.5M125x
KuCoin ZROUSDTM+0.0100%4h1.17990.000%$2.5M$1.6M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1800+0.008%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1792−0.059%$10.9Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1808+0.076%$92K$202K20xas long as short
Variational Omni ZRO+0.0100%4h1.1835+0.309%$2.3M$860Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1850+0.432%$37K$682K50xas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1799long leg$87K$922K5x
Aevo ZRO-PERP+0.0104%1h1.1800+0.006%$21K3xas long as short
BloFin ZRO-USDT+0.0140%4h1.1802+0.025%$1.1M$265K75xas long as short
Nado ZRO-PERP+0.0158%1h1.1793−0.055%$1.3M$131K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1804+0.038%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0317%1h1.1814+0.129%$250K$572K25xas long as short
Extended ZRO-USD+0.1088%1h1.1801+0.019%$780K$559K10xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1840+0.347%$12K$175K12xas long as short