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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Polymarket Perps−0.093%51s7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.300% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.131%+$13 on $10k
Price spread, last 3 days (all we have)−0.130%−$13 · spread now −0.093%, 7d avg −0.078%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.18160.0100pay 0.0013% / 1h6m 38s$88K$913K5x
ShortBingX ZRO-USDT1.18050.0100get 0.0050% / 4h2h 06m$10.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.093% → −0.078%
−$1.51
Slippage, 4 orders
−$11.99
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$31.5
Costs to cover
0.300%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 41 min ago; BingX: live order book, 1 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, 41 min ago1.27 bp5.3 bp −$516.6 bp −$166doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago2.96 bp9.4 bp −$912.5 bp −$12525.9 bp −$2,59347.5 bp −$23.7K

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−0.0432%1h1.1790−0.223%$7K$3K5xas long as short
Orderly PERP_ZRO_USDC−0.0051%4h1.1809−0.059%$21K$7K10xas long as short
dYdX ZRO-USD+0.0071%1h1.1814−0.013%$21K$2K5xas long as short
Lighter ZRO+0.0096%1h1.1802−0.123%$4.5M$1.4M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1815−0.008%$37.5M$6.4M5xas long as short
Aster ZROUSDT+0.0100%4h1.1816+0.001%$158K$160K10xas long as short
Pacifica ZRO+0.0100%1h1.1799−0.143%$138K$191K5xas long as short
Binance ZROUSDT+0.0100%4h1.1802−0.118%$22.3M$32.8M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1794−0.186%$18.1M$15.4M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1803−0.110%$3.2M$8.9M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRO_USDT+0.0100%4h1.1810−0.051%$1.3M$2.0M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1802−0.118%$19.1M$3.5M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1812−0.034%$2.9M$1.8M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1815−0.008%$2.7M$2.5M75xas long as short
BingX ZRO-USDTshort+0.0100%4h1.1805−0.093%$10.9M
Backpack ZRO_USDC_PERP+0.0100%1h1.1814−0.017%$95K$206K20xas long as short
Variational Omni ZRO+0.0100%4h1.1777−0.328%$2.2M$861Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1810−0.051%$37K$681K50xas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1816long leg$88K$913K5x
Aevo ZRO-PERP+0.0104%1h1.1810−0.051%$21K3xas long as short
BloFin ZRO-USDT+0.0127%4h1.1807−0.076%$1.1M$264K75xas long as short
Nado ZRO-PERP+0.0175%1h1.1808−0.069%$1.3M$130K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1811−0.038%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0317%1h1.1822+0.052%$250K$567K25xas long as short
Injective ZRO/USDC PERP+0.1237%1h1.1860+0.372%$12K$175K12xas long as short
Extended ZRO-USD+0.2208%1h1.1799−0.146%$784K$539K10xas long as short