Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against BingX+0.110%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 3 days (all we have)+0.113%+$11 · spread now +0.110%, 7d avg +0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.032% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1795 | 0.0100 | pay 0.0050% / 4h | 2h 04m | — | $10.9M | — |
| Short | Polymarket Perps ZRO-USD | 1.1808 | 0.0100 | get 0.0013% / 1h | 4m 08s | $88K | $913K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BingX. 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
- $0
- Price spread: +0.110% → +0.078%
- $3.22
- Slippage, 4 orders
- −$11.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.77
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Polymarket Perps: live order book, 44 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 BingX live order book, 4 min ago | 2.96 bp | 8.8 bp −$9 | 11.8 bp −$118 | 25.7 bp −$2,575 | 53.2 bp −$26.6K |
| Sell Polymarket Perps live order book, 44 min ago | 1.27 bp | 6.5 bp −$7 | 10.8 bp −$108 | 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 | −0.0432% | 1h | 1.1786 | −0.073% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0054% | 4h | 1.1799 | +0.034% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0049% | 4h | 1.1802 | +0.059% | $1.1M | $264K | 75x | as long as short |
| dYdX ZRO-USD | +0.0069% | 1h | 1.1814 | +0.165% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1800 | +0.043% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1818 | +0.195% | $37.5M | $6.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1810 | +0.126% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1795 | +0.003% | $138K | $191K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1802 | +0.059% | $22.3M | $32.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1796 | +0.008% | $18.0M | $15.4M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1802 | +0.059% | $3.2M | $8.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1800 | +0.042% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1797 | +0.017% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1808 | +0.110% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1797 | +0.017% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1795 | long leg | — | $10.9M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1807 | +0.102% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1792 | −0.026% | $2.2M | $859K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | +0.127% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1808 | +0.110% | $88K | $913K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1800 | +0.044% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0180% | 1h | 1.1797 | +0.019% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1809 | +0.115% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1819 | +0.207% | $250K | $567K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1860 | +0.551% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.2296% | 1h | 1.1797 | +0.017% | $784K | $539K | 10x | as long as short |
BingX ZRO-USDT
Polymarket Perps ZRO-USD
01 Exchange ZROUSD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD