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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.054%+$5 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 0.034% 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRO_USDT1.18120.0100pay 0.0050% / 4h1h 45m$19.1M$3.1M125x
ShortPolymarket Perps ZRO-USD1.18150.0100get 0.0013% / 1h45m 21s$88K$906K5x

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 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: +0.025% → +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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago0.42 bp3.4 bp −$330.6 bp −$30668.2 bp −$6,818337.3 bp −$168.6K
Sell Polymarket Perps live order book, 63 min ago1.27 bp6.5 bp −$710.8 bp −$108doesn'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−0.0616%1h1.1791−0.180%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0059%4h1.1808−0.034%$21K$7K10xas long as short
Lighter ZRO−0.0016%1h1.1809−0.025%$4.4M$1.5M5xas long as short
Kraken Futures PF_ZROUSD+0.0059%1h1.1809−0.024%$250K$562K25xas long as short
dYdX ZRO-USD+0.0071%1h1.1809−0.028%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0099%4h1.18120.000%$1.1M$263K75xas long as short
Hyperliquid ZRO+0.0100%1h1.1824+0.102%$37.5M$6.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1815+0.026%$158K$154K10xas long as short
Pacifica ZRO+0.0100%1h1.1813+0.005%$138K$184K5xas long as short
Binance ZROUSDT+0.0100%4h1.1809−0.023%$22.2M$31.9M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h1.1795−0.144%$18.0M$14.9M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1806−0.051%$3.2M$8.5M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1810−0.017%$1.3M$1.8M75xas long as short
MEXC ZRO_USDTlong+0.0100%4h1.1812long leg$19.1M$3.1M125x
KuCoin ZROUSDTM+0.0100%4h1.1817+0.042%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1807−0.042%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1804−0.068%$10.8Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1798−0.119%$94K$205K20xas long as short
Variational Omni ZRO+0.0100%4h1.1779−0.280%$2.3M$859Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1810−0.017%$37K$681K50xas long as short
Polymarket Perps ZRO-USDshort+0.0100%1h1.1815+0.025%$88K$906K5x
Aevo ZRO-PERP+0.0104%1h1.1806−0.055%$21K3xas long as short
Nado ZRO-PERP+0.0150%1h1.1814+0.018%$1.3M$125K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0295% / S −0.2416%1h1.1817+0.043%$3K100xas long as short
Injective ZRO/USDC PERP+0.0980%1h1.1850+0.322%$12K$218K12xas long as short
Extended ZRO-USD+0.2328%1h1.1809−0.030%$784K$541K10xas long as short