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

ZRO

all ZRO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Polymarket Perps+0.109%7-day average −0.116% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.109%, 7d avg −0.116%
Together, before fees−0.174%+ Points / potential airdropVariational Omni: Active · farm board−$17 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: Variational Omni is 0.225% dearer against Polymarket Perps than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.16860.0100pay 0.0013% / 1h9m 32s$99K$846K5x
ShortVariational Omni ZRO1.16990.0100get 0.0050% / 4h1h 09m$2.3M$810K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.109% → −0.116%
$22.53
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$14.53
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Polymarket Perps: live order book, 13 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

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, 13 min ago3.83 bp7.8 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago3.16 bpdoesn't fit37.9 bp −$379doesn'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−0.0248%1h1.1682−0.031%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC+0.0037%4h1.1708+0.188%$20K$5K10xas long as short
dYdX ZRO-USD+0.0047%1h1.1685−0.005%$21K$3K5xas long as short
BloFin ZRO-USDT+0.0056%4h1.1712+0.222%$1.1M$249K75xas long as short
Lighter ZRO+0.0096%1h1.1711+0.211%$4.4M$1.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1704+0.153%$158K$150K10xas long as short
Pacifica ZRO+0.0100%1h1.1685−0.009%$136K$177K5xas long as short
Binance ZROUSDT+0.0100%4h1.1681−0.043%$21.9M$29.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1669−0.145%$17.8M$14.0M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1687+0.009%$3.2M$7.9M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1690+0.034%$1.3M$1.5M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1680−0.051%$19.1M$2.7M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.16860.000%$2.3M$2.0M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1667−0.163%$2.7M$2.6M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1677−0.077%$16.5Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1708+0.188%$97K$195K20xas long as short
Variational Omni ZROshort+0.0100%4h1.1699+0.109%$2.3M$810K
ApeX Omni ZROUSDT+0.0100%1h1.1730+0.377%$39K$673K50xas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1686long leg$99K$846K5x
Aevo ZRO-PERP+0.0104%1h1.1715+0.248%$21K3xas long as short
Kraken Futures PF_ZROUSD+0.0198%1h1.1723+0.316%$258K$407K25xas long as short
Nado ZRO-PERP+0.0215%1h1.1687+0.007%$1.3M$124K5xas long as short
Hyperliquid ZRO+0.0258%1h1.1701+0.131%$37.1M$5.4M5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1708+0.192%$3K100xas long as short
Extended ZRO-USD+0.0816%1h1.1674−0.102%$780K$591K10xas long as short
Injective ZRO/USDC PERP+0.1102%1h1.1750+0.548%$12K$260K12xas long as short