Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Polymarket Perps−0.100%7-day average −0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now −0.100%, 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 0.036% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$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 | 1.1997 | 0.0100 | pay 0.0013% / 1h | 0m 26s | $102K | $789K | 5x |
| Short | Binance ZROUSDT | 1.1985 | 0.0100 | get 0.0050% / 4h | 3h 00m | $22.5M | $28.6M | 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: −0.100% → −0.064%
- −$3.61
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$21.61
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Binance: live order book, 11 min ago. 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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 0.83 bp | 12.3 bp −$12 | 35.7 bp −$357 | 264.0 bp −$26.4K | doesn't fit |
Polymarket Perps: 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 ZROUSD | −0.0288% | 1h | 1.1975 | −0.180% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.2004 | +0.059% | $22K | $5K | 5x | as long as short |
| Bybit ZROUSDT | +0.0003% | 4h | 1.1972 | −0.208% | $18.4M | $12.6M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0046% | 4h | 1.1986 | −0.092% | $21K | $4K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0084% | 4h | 1.1960 | −0.308% | $1.1M | $152K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.2000 | +0.022% | $4.5M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.2001 | +0.033% | $38.0M | $5.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.2005 | +0.066% | $162K | $147K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1988 | −0.073% | $138K | $161K | 5x | as long as short |
| Binance ZROUSDTshort | +0.0100% | 4h | 1.1985 | −0.100% | $22.5M | $28.6M | 75x |
01 Exchange ZROUSD
dYdX ZRO-USD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1985 | −0.100% | $3.3M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1990 | −0.058% | $1.4M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1986 | −0.092% | $9.6M | $2.9M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.2006 | +0.075% | $2.5M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1981 | −0.133% | $2.8M | $2.3M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1982 | −0.125% | — | $21.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1967 | −0.252% | $2.3M | $738K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.2000 | +0.025% | $40K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USDlong | +0.0100% | 1h | 1.1997 | long leg | $102K | $789K | 5x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1998 | +0.012% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0128% | 1h | 1.1989 | −0.064% | $1.4M | $120K | 5x | as long as short |
| Extended ZRO-USD | +0.0288% | 1h | 1.1985 | −0.100% | $818K | $646K | 10x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2341% | 1h | 1.2009 | +0.104% | $3K | — | 100x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0500% | 1h | 1.1997 | 0.000% | $96K | $217K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0546% | 1h | 1.1995 | −0.015% | $273K | $290K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.2040 | +0.358% | $13K | $258K | 12x | as long as short |
OKX ZRO-USDT-SWAP
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
Extended ZRO-USD
GMX ZRO/USD [ETH-USDC]
Backpack ZRO_USDC_PERP
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP