Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against MEXC+0.025%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$190.191% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 3 days (all we have)+0.156%+$16 · spread now +0.025%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.034% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1812 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $19.1M | $3.1M | 125x |
| Short | Polymarket Perps ZRO-USD | 1.1815 | 0.0100 | get 0.0013% / 1h | 45m 21s | $88K | $906K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against MEXC. 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% → +0.059%
- −$3.4
- Slippage, 4 orders
- −$11.06
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$22.46
- Costs to cover
- 0.191%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Polymarket Perps: live order book, 63 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 MEXC live order book, 3 min ago | 0.42 bp | 3.4 bp −$3 | 30.6 bp −$306 | 68.2 bp −$6,818 | 337.3 bp −$168.6K |
| Sell Polymarket Perps live order book, 63 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 | −0.0616% | 1h | 1.1791 | −0.180% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0059% | 4h | 1.1808 | −0.034% | $21K | $7K | 10x | as long as short |
| Lighter ZRO | −0.0016% | 1h | 1.1809 | −0.025% | $4.4M | $1.5M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1809 | −0.024% | $250K | $562K | 25x | as long as short |
| dYdX ZRO-USD | +0.0071% | 1h | 1.1809 | −0.028% | $21K | $2K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0099% | 4h | 1.1812 | 0.000% | $1.1M | $263K | 75x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1824 | +0.102% | $37.5M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1815 | +0.026% | $158K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1813 | +0.005% | $138K | $184K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1809 | −0.023% | $22.2M | $31.9M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZROUSDT | +0.0100% | 4h | 1.1795 | −0.144% | $18.0M | $14.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1806 | −0.051% | $3.2M | $8.5M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1810 | −0.017% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1812 | long leg | $19.1M | $3.1M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1817 | +0.042% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1807 | −0.042% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1804 | −0.068% | — | $10.8M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1798 | −0.119% | $94K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1779 | −0.280% | $2.3M | $859K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | −0.017% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USDshort | +0.0100% | 1h | 1.1815 | +0.025% | $88K | $906K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1806 | −0.055% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0150% | 1h | 1.1814 | +0.018% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2416% | 1h | 1.1817 | +0.043% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1850 | +0.322% | $12K | $218K | 12x | as long as short |
| Extended ZRO-USD | +0.2328% | 1h | 1.1809 | −0.030% | $784K | $541K | 10x | as long as short |
MEXC ZRO_USDT
Polymarket Perps ZRO-USD
01 Exchange ZROUSD
Lighter ZRO
Kraken Futures PF_ZROUSD
BloFin ZRO-USDT
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD