Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.019%
Price spread now: Polymarket Perps against dYdX+0.172%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.172% dearer against dYdX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZRO-USD | 1.1652 | 0 | get 0.0000% / 1h | 49m 03s | $21K | $4K | 5x |
| Short | Polymarket Perps ZRO-USD | 1.1672 | 0.0100 | get 0.0013% / 1h | 49m 03s | $99K | $820K | 5x |
dYdX ZRO-USD
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. 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: +0.172% → 0.000%
- $17.25
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $20.25
- Costs to cover
- 0.180%
- Break-even
- 0.3 days
Slippage unknown: dYdX: no order-book sample; Polymarket Perps: live order book, 24 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 24 min ago | 2.55 bp | 6.8 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USDlong | 0.0000% | 1h | 1.1652 | long leg | $21K | $4K | 5x | |
| Backpack ZRO_USDC_PERP | +0.0038% | 1h | 1.1666 | +0.121% | $94K | $218K | 20x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0059% | 4h | 1.1662 | +0.087% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1680 | +0.245% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1673 | +0.181% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1668 | +0.141% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1657 | +0.043% | $137K | $179K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1662 | +0.085% | $21.8M | $29.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1656 | +0.035% | $17.9M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1662 | +0.087% | $3.2M | $7.8M | 20x | as long as short |
Backpack ZRO_USDC_PERP
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1660 | +0.069% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1660 | +0.069% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1652 | +0.001% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1662 | +0.087% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1660 | +0.069% | — | $16.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1669 | +0.151% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | +0.241% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1672 | +0.172% | $99K | $820K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1660 | +0.069% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0118% | 4h | 1.1662 | +0.087% | $1.1M | $248K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0168% | 1h | 1.1668 | +0.136% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0200% | 1h | 1.1663 | +0.096% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1663 | +0.092% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0705% | 1h | 1.1671 | +0.166% | $255K | $355K | 25x | as long as short |
| Extended ZRO-USD | +0.1008% | 1h | 1.1657 | +0.047% | $800K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1700 | +0.413% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
BloFin ZRO-USDT
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP