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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Polymarket Perps−0.068%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.068%, 7d avg −0.061%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZRO-USD1.17260.0100pay 0.0013% / 1h6m 11s$80K$699K5x
ShortMEXC ZRO_USDT1.17180.0100get 0.0050% / 4h1h 06m$9.4M$2.5M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.068% → −0.061%
−$0.72
Slippage, 4 orders
−$17.6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$26.32
Costs to cover
0.256%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 35 min ago; MEXC: live order book, 5 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, 35 min ago0.42 bp8.8 bp −$926.4 bp −$264doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago0.43 bp6.1 bp −$619.4 bp −$19474.7 bp −$7,469358.1 bp −$179.0K

ZRO on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZRO/USDC PERP−0.0774%1h1.1760+0.290%$12K$257K12xas long as short
Kraken Futures PF_ZROUSD−0.0534%1h1.1728+0.016%$267K$190K25xas long as short
01 Exchange ZROUSD−0.0168%1h1.1722−0.033%$4K$5K5xas long as short
Bybit ZROUSDT−0.0115%4h1.1707−0.162%$18.0M$11.3M50xas long as short
Variational Omni ZRO−0.0047%4h1.1707−0.162%$2.3M$733Kas long as short
Orderly PERP_ZRO_USDC−0.0034%4h1.1721−0.043%$20K$2K10xas long as short
dYdX ZRO-USD0.0000%1h1.1728+0.014%$21K$5K5xas long as short
OKX ZRO-USDT-SWAP+0.0035%4h1.1718−0.068%$3.2M$7.3M20xas long as short
Lighter ZRO+0.0096%1h1.1735+0.074%$4.4M$1.1M5xas long as short
Nado ZRO-PERP+0.0100%1h1.1718−0.068%$1.3M$121K5xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZRO+0.0100%1h1.1734+0.068%$37.1M$5.0M5xas long as short
Aster ZROUSDT+0.0100%4h1.1730+0.036%$158K$118K10xas long as short
Pacifica ZRO+0.0100%1h1.1719−0.056%$135K$140K5xas long as short
Binance ZROUSDT+0.0100%4h1.1717−0.081%$21.9M$26.0M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1720−0.051%$1.3M$1.1M75xas long as short
MEXC ZRO_USDTshort+0.0100%4h1.1718−0.068%$9.4M$2.5M125x
KuCoin ZROUSDTM+0.0100%4h1.1730+0.034%$2.2M$2.2M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1716−0.085%$2.8M$2.3M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1715−0.094%$25.0Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1721−0.043%$93K$219K20xas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1730+0.034%$40K$670K50xas long as short
Polymarket Perps ZRO-USDlong+0.0100%1h1.1726long leg$80K$699K5x
Aevo ZRO-PERP+0.0104%1h1.1719−0.056%$21K3xas long as short
BloFin ZRO-USDT+0.0129%4h1.1725−0.009%$1.0M$139K75xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1722−0.031%$3K100xas long as short
Extended ZRO-USD+0.0552%1h1.1716−0.085%$798K$654K10xas long as short