Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Polymarket Perps−0.025%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$670.669% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now −0.025%, 7d avg −0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.039% dearer against Polymarket Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZRO-USD | 1.1830 | 0.0100 | pay 0.0013% / 1h | 51m 59s | $101K | $728K | 5x |
| Short | Binance ZROUSDT | 1.1827 | 0.0100 | get 0.0050% / 4h | 1h 51m | $22.1M | $26.7M | 75x |
Polymarket Perps ZRO-USD
Binance ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Polymarket Perps. 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% → −0.064%
- $3.91
- Slippage, 4 orders
- −$48.95
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.04
- Costs to cover
- 0.669%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 54 min ago; Binance: live order book, 12 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 Polymarket Perps live order book, 54 min ago | 2.55 bp | 24.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.42 bp | 12.4 bp −$12 | 26.5 bp −$265 | 196.6 bp −$19.7K | doesn't fit |
ZRO on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZRO/USDC PERP | −0.0774% | 1h | 1.1760 | −0.592% | $12K | $257K | 12x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0529% | 1h | 1.1839 | +0.078% | $269K | $211K | 25x | as long as short |
| Bybit ZROUSDT | −0.0088% | 4h | 1.1816 | −0.118% | $18.1M | $11.7M | 50x | as long as short |
| 01 Exchange ZROUSD | −0.0056% | 1h | 1.1834 | +0.036% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0021% | 4h | 1.1828 | −0.017% | $20K | $2K | 10x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1837 | +0.063% | $21K | $5K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | 0.0000% | 4h | 1.1819 | −0.093% | $3.2M | $7.5M | 20x | as long as short |
| BloFin ZRO-USDT | +0.0066% | 4h | 1.1847 | +0.144% | $1.0M | $143K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1848 | +0.155% | $4.4M | $1.1M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1846 | +0.136% | $37.5M | $5.0M | 5x | as long as short |
Injective ZRO/USDC PERP
Kraken Futures PF_ZROUSD
Bybit ZROUSDT
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZROShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZROUSDT | +0.0100% | 4h | 1.1840 | +0.088% | $160K | $124K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1834 | +0.034% | $137K | $143K | 5x | as long as short |
| Binance ZROUSDTshort | +0.0100% | 4h | 1.1827 | −0.025% | $22.1M | $26.7M | 75x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1830 | 0.000% | $1.4M | $1.1M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1831 | +0.008% | $9.5M | $2.4M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1839 | +0.076% | $2.3M | $2.3M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1834 | +0.034% | $2.8M | $2.3M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1827 | −0.025% | — | $25.2M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1817 | −0.110% | $2.3M | $733K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1830 | 0.000% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USDlong | +0.0100% | 1h | 1.1830 | long leg | $101K | $728K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1825 | −0.042% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0218% | 1h | 1.1840 | +0.088% | $1.4M | $121K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1834 | +0.037% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0360% | 1h | 1.1830 | 0.000% | $806K | $654K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0708% | 1h | 1.1836 | +0.051% | $93K | $215K | 20x | as long as short |
Aster ZROUSDT
Pacifica ZRO
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP