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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Polymarket Perps against Variational Omni+0.284%7-day average +0.118% · 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 3 days (all we have)+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.284%, 7d avg +0.118%
Together, before fees−0.106%+ Points / potential airdropVariational Omni: Active · farm board−$11 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 0.166% dearer against Variational Omni than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZRO1.17350.0100pay 0.0050% / 4h3h 41m$2.3M$869K
ShortPolymarket Perps ZRO-USD1.17680.0100get 0.0013% / 1h41m 55s$91K$830K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. 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: +0.284% → +0.118%
$16.59
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$8.59
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Polymarket Perps: live order book, 56 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 Variational Omni RFQ quote, 2 min ago4.44 bpdoesn't fit47.6 bp −$476doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 56 min ago1.27 bp10.4 bp −$1012.3 bp −$123doesn'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−0.0136%1h1.1759+0.205%$7K$3K5xas long as short
Gate ZRO_USDT−0.0046%4h1.1740+0.045%$1.3M$1.5M75xas long as short
Orderly PERP_ZRO_USDC+0.0012%4h1.1764+0.250%$21K$6K10xas long as short
BloFin ZRO-USDT+0.0070%4h1.1752+0.148%$1.1M$256K75xas long as short
Lighter ZRO+0.0096%1h1.1768+0.282%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1770+0.299%$37.3M$5.9M5xas long as short
Aster ZROUSDT+0.0100%4h1.1766+0.268%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1756+0.178%$136K$171K5xas long as short
Binance ZROUSDT+0.0100%4h1.1760+0.213%$22.1M$30.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1752+0.148%$18.0M$14.2M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZRO-USDT-SWAP+0.0100%4h1.1750+0.131%$3.2M$8.1M20xas long as short
MEXC ZRO_USDT+0.0100%4h1.1758+0.199%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1749+0.122%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1751+0.139%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1756+0.182%$14.7Mas long as short
Variational Omni ZROlong+0.0100%4h1.1735long leg$2.3M$869K
ApeX Omni ZROUSDT+0.0100%1h1.1740+0.045%$37K$688K50xas long as short
Polymarket Perps ZRO-USDshort+0.0100%1h1.1768+0.284%$91K$830K5x
Aevo ZRO-PERP+0.0104%1h1.1760+0.216%$21K3xas long as short
dYdX ZRO-USD+0.0159%1h1.1754+0.166%$21K$3K5xas long as short
Nado ZRO-PERP+0.0242%1h1.1756+0.185%$1.3M$129K5xas long as short
Backpack ZRO_USDC_PERP+0.0282%1h1.1769+0.292%$99K$206K20xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1764+0.250%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0302%1h1.1772+0.320%$252K$411K25xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1780+0.386%$12K$260K12xas long as short
Extended ZRO-USD+0.1384%1h1.1749+0.120%$780K$589K10xas long as short