Funding you earn now, next payment 00:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.36 per $10,000 · paid last 24h −0.066%
Price spread now: 01 Exchange against Polymarket Perps−0.103%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and 01 Exchange is 0.103% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZRO-USD | 1.1837 | 0.0100 | pay 0.0013% / 1h | 44m 44s | $89K | $815K | 5x |
| Short | 01 Exchange ZROUSD | 1.1825 | −0.0184 | pay 0.0023% / 1h | 44m 44s | $7K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$59.64
- Price spread: −0.103% → 0.000%
- −$10.31
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$84.95
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 58 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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, 58 min ago | 2.96 bp | 7.0 bp −$7 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 ZROUSDshort | −0.0184% | 1h | 1.1825 | −0.103% | $7K | $3K | 5x | |
| Orderly PERP_ZRO_USDC | −0.0008% | 4h | 1.1833 | −0.034% | $21K | $7K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0063% | 4h | 1.1838 | +0.008% | $1.1M | $258K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1837 | +0.001% | $4.4M | $1.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1841 | +0.035% | $158K | $154K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1836 | −0.008% | $138K | $177K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1828 | −0.079% | $22.2M | $31.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1827 | −0.084% | $18.1M | $14.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1835 | −0.017% | $3.2M | $8.3M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1820 | −0.144% | $1.3M | $1.8M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1829 | −0.068% | $19.2M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1831 | −0.051% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1837 | 0.000% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1829 | −0.068% | — | $10.7M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1838 | +0.008% | $100K | $207K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1836 | −0.008% | $2.3M | $865K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1820 | −0.144% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USDlong | +0.0100% | 1h | 1.1837 | long leg | $89K | $815K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1830 | −0.056% | $21K | — | 3x | as long as short |
| Hyperliquid ZRO | +0.0125% | 1h | 1.1839 | +0.017% | $37.6M | $6.2M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0132% | 1h | 1.1844 | +0.063% | $254K | $434K | 25x | as long as short |
| dYdX ZRO-USD | +0.0133% | 1h | 1.1835 | −0.017% | $21K | $2K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1831 | −0.047% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0378% | 1h | 1.1834 | −0.029% | $1.3M | $125K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1159% | 1h | 1.1880 | +0.363% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1952% | 1h | 1.1831 | −0.054% | $784K | $606K | 10x | as long as short |
Polymarket Perps ZRO-USD
01 Exchange ZROUSD
BloFin ZRO-USDT
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD