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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Polymarket Perps−0.094%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1141.139% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.094%, 7d avg −0.047%
Together, before fees+0.058%+$6 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: KuCoin is 0.046% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.17550.0100pay 0.0013% / 1h4m 18s$100K$821K5x
ShortKuCoin ZROUSDTM1.17440.0100get 0.0050% / 4h2h 04m$2.4M$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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% → −0.047%
−$4.64
Slippage, 4 orders
−$93.87
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$118.51
Costs to cover
1.139%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; KuCoin: live order book, 2 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, 4 min ago3.83 bp7.9 bp −$810.8 bp −$108doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago8.94 bp40.2 bp −$40138.6 bp −$1,386doesn'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
dYdX ZRO-USD+0.0007%1h1.1748−0.061%$21K$5K5xas long as short
Orderly PERP_ZRO_USDC+0.0071%4h1.1749−0.051%$21K$4K10xas long as short
Lighter ZRO+0.0096%1h1.1769+0.121%$4.4M$1.2M5xas long as short
Hyperliquid ZRO+0.0100%1h1.1764+0.077%$37.3M$5.5M5xas long as short
Aster ZROUSDT+0.0100%4h1.1748−0.057%$159K$151K10xas long as short
Pacifica ZRO+0.0100%1h1.1748−0.059%$138K$174K5xas long as short
Binance ZROUSDT+0.0100%4h1.1742−0.110%$21.9M$29.4M75xas long as short
Bybit ZROUSDT+0.0100%4h1.1746−0.077%$18.0M$13.6M50xas long as short
OKX ZRO-USDT-SWAP+0.0100%4h1.1743−0.102%$3.2M$7.8M20xas long as short
Gate ZRO_USDT+0.0100%4h1.1740−0.128%$1.3M$1.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZRO_USDT+0.0100%4h1.1742−0.111%$19.3M$2.7M125xas long as short
KuCoin ZROUSDTMshort+0.0100%4h1.1744−0.094%$2.4M$2.0M50x
Bitget ZROUSDT+0.0100%4h1.1737−0.153%$2.7M$2.5M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1749−0.051%$16.6Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1757+0.017%$97K$221K20xas long as short
Variational Omni ZRO+0.0100%4h1.1743−0.103%$2.3M$809Kas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1740−0.128%$39K$674K50xas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1755long leg$100K$821K5x
Aevo ZRO-PERP+0.0104%1h1.1743−0.104%$21K3xas long as short
BloFin ZRO-USDT+0.0131%4h1.1750−0.043%$1.0M$254K75xas long as short
01 Exchange ZROUSD+0.0136%1h1.1760+0.041%$4K$5K5xas long as short
Nado ZRO-PERP+0.0148%1h1.1748−0.060%$1.3M$126K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0293% / S −0.2341%1h1.1752−0.028%$3K100xas long as short
Kraken Futures PF_ZROUSD+0.0700%1h1.1754−0.009%$255K$333K25xas long as short
Extended ZRO-USD+0.0856%1h1.1747−0.067%$803K$625K10xas long as short
Injective ZRO/USDC PERP+0.1343%1h1.1790+0.298%$12K$261K12xas long as short