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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Polymarket Perps−0.094%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 3 days (all we have)−0.053%−$5 · spread now −0.094%, 7d avg −0.060%
Together, before fees+0.044%+$4 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: MEXC is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.17340.0100pay 0.0013% / 1h50m 26s$91K$830K5x
ShortMEXC ZRO_USDT1.17230.0100get 0.0050% / 4h3h 50m$19.0M$2.7M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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 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: −0.094% → −0.060%
−$3.37
Slippage, 4 orders
−$20.91
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$32.28
Costs to cover
0.289%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 48 min ago; MEXC: live order book, 8 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 Polymarket Perps live order book, 48 min ago1.27 bp5.5 bp −$58.6 bp −$86doesn't fitdoesn't fit
Sell MEXC live order book, 8 min ago0.42 bp5.4 bp −$538.8 bp −$38869.5 bp −$6,954201.7 bp −$100.9K

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
Gate ZRO_USDT−0.0212%4h1.1720−0.119%$1.3M$1.5M75xas long as short
01 Exchange ZROUSD−0.0168%1h1.1727−0.056%$7K$3K5xas long as short
ApeX Omni ZROUSDT−0.0065%1h1.1780+0.392%$37K$688K50xas long as short
Orderly PERP_ZRO_USDC+0.0012%4h1.1749+0.128%$21K$7K10xas long as short
dYdX ZRO-USD+0.0013%1h1.1726−0.066%$21K$3K5xas long as short
Lighter ZRO+0.0096%1h1.1733−0.004%$4.4M$1.5M5xas long as short
Hyperliquid ZRO+0.0100%1h1.17340.000%$37.2M$5.9M5xas long as short
Aster ZROUSDT+0.0100%4h1.1737+0.024%$157K$149K10xas long as short
Pacifica ZRO+0.0100%1h1.1726−0.072%$136K$172K5xas long as short
Binance ZROUSDT+0.0100%4h1.1731−0.026%$22.1M$30.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZROUSDT+0.0100%4h1.1721−0.111%$17.9M$14.3M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1728−0.051%$3.2M$8.1M20xas long as short
MEXC ZRO_USDTshort+0.0100%4h1.1723−0.094%$19.0M$2.7M125x
KuCoin ZROUSDTM+0.0100%4h1.17340.000%$2.4M$1.9M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1724−0.085%$2.7M$2.4M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1723−0.094%$14.7Mas long as short
Variational Omni ZRO+0.0100%4h1.1734−0.003%$2.3M$874Kas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1734long leg$91K$830K5x
BloFin ZRO-USDT+0.0102%4h1.1751+0.145%$1.1M$256K75xas long as short
Aevo ZRO-PERP+0.0104%1h1.1750+0.137%$21K3xas long as short
Nado ZRO-PERP+0.0256%1h1.1728−0.050%$1.3M$123K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0291% / S −0.2341%1h1.1750+0.134%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0302%1h1.1754+0.170%$252K$412K25xas long as short
Backpack ZRO_USDC_PERP+0.0427%1h1.1735+0.009%$99K$206K20xas long as short
Injective ZRO/USDC PERP+0.1190%1h1.1800+0.562%$12K$260K12xas long as short
Extended ZRO-USD+0.1488%1h1.1726−0.064%$784K$589K10xas long as short