Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Gate+0.025%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$690.688% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 3 days (all we have)+0.165%+$16 · spread now +0.025%, 7d avg +0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.029% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1810 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.3M | $1.8M | 75x |
| Short | Polymarket Perps ZRO-USD | 1.1813 | 0.0100 | get 0.0013% / 1h | 17m 41s | $88K | $904K | 5x |
Gate ZRO_USDT
Polymarket Perps ZRO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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: +0.025% → +0.054%
- −$2.86
- Slippage, 4 orders
- −$45.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$71.7
- Costs to cover
- 0.688%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 25 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 Gate live order book, 5 min ago | 8.48 bp | 27.4 bp −$27 | 56.4 bp −$564 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 25 min ago | 2.96 bp | 7.1 bp −$7 | 10.3 bp −$103 | 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 | −0.0488% | 1h | 1.1797 | −0.110% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0032% | 4h | 1.1808 | −0.017% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0050% | 4h | 1.1803 | −0.059% | $1.1M | $262K | 75x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1818 | +0.067% | $250K | $516K | 25x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1809 | −0.012% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1821 | +0.093% | $37.5M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1814 | +0.034% | $158K | $153K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1808 | −0.014% | $137K | $183K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1807 | −0.025% | $22.2M | $31.7M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1802 | −0.068% | $18.0M | $14.8M | 50x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Kraken Futures PF_ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1812 | +0.017% | $3.2M | $8.5M | 20x | as long as short |
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1810 | long leg | $1.3M | $1.8M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1805 | −0.042% | $19.1M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1794 | −0.135% | $2.7M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1812 | +0.017% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1803 | −0.059% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1811 | +0.008% | $100K | $208K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1785 | −0.216% | $2.3M | $868K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | 0.000% | $37K | $683K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1813 | +0.025% | $88K | $904K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1811 | +0.006% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0161% | 1h | 1.1798 | −0.102% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0195% | 1h | 1.1806 | −0.033% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1810 | +0.002% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1800 | −0.085% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.2488% | 1h | 1.1805 | −0.040% | $780K | $560K | 10x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD