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

ZRO

all ZRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0025%/8hpaid last 24h 0.000%
Price spread now: Polymarket Perps against Variational Omni+0.056%7-day average +0.120% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 3 days (all we have)−0.235%−$23 · spread now +0.056%, 7d avg +0.120%
Together, before fees−0.228%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.064% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.056% now, against its 7-day average of +0.120%). If the spread goes back, that is −$6 on $10k: about 8.6 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.007% in total) that is about 30 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZRO1.17920.0075pay 0.0037% / 4h6m 25s$2.2M$904K
ShortPolymarket Perps ZRO-USD1.17990.0100get 0.0013% / 1h6m 25s$80K$1.0M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.25
Price spread: +0.056% → +0.120%
−$6.43
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$9.18
Costs to cover
0.080%
Break-even
19.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Polymarket Perps: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago3.18 bpdoesn't fit47.6 bp −$476doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago2.54 bp8.2 bp −$810.6 bp −$106doesn'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
OKX ZRO-USDT-SWAP−0.0361%4h1.1786−0.055%$3.3M$9.1M20xas long as short
01 Exchange ZROUSD−0.0312%1h1.1785−0.061%$7K$3K5xas long as short
Kraken Futures PF_ZROUSD−0.0162%1h1.1810+0.149%$253K$587K25xas long as short
Orderly PERP_ZRO_USDC−0.0025%4h1.1804+0.098%$21K$7K10xas long as short
dYdX ZRO-USD+0.0001%1h1.1799+0.051%$21K$2K5xas long as short
BloFin ZRO-USDT+0.0042%4h1.1783−0.080%$1.1M$272K75xas long as short
Variational Omni ZROlong+0.0075%4h1.1792long leg$2.2M$904K
Bybit ZROUSDT+0.0092%4h1.1784−0.072%$18.1M$17.0M50xas long as short
Hyperliquid ZRO+0.0100%1h1.1807+0.123%$37.5M$8.2M5xas long as short
Aster ZROUSDT+0.0100%4h1.1804+0.100%$158K$166K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ZRO+0.0100%1h1.1791−0.013%$142K$216K5xas long as short
Binance ZROUSDT+0.0100%4h1.1793+0.005%$22.3M$35.8M75xas long as short
Gate ZRO_USDT+0.0100%4h1.1790−0.021%$1.3M$2.2M75xas long as short
MEXC ZRO_USDT+0.0100%4h1.1794+0.013%$18.3M$3.8M125xas long as short
KuCoin ZROUSDTM+0.0100%4h1.1790−0.021%$2.5M$1.5M50xas long as short
Bitget ZROUSDT+0.0100%4h1.1790−0.021%$2.7M$2.7M75xas long as short
BingX ZRO-USDT+0.0100%4h1.1790−0.021%$11.0Mas long as short
Backpack ZRO_USDC_PERP+0.0100%1h1.1808+0.132%$92K$203K20xas long as short
ApeX Omni ZROUSDT+0.0100%1h1.1790−0.021%$37K$681K50xas long as short
Polymarket Perps ZRO-USDshort+0.0100%1h1.1799+0.056%$80K$1.0M5x
Extended ZRO-USD+0.0104%1h1.1784−0.074%$780K$564K10xas long as short
Aevo ZRO-PERP+0.0104%1h1.1800+0.064%$21K3xas long as short
Lighter ZRO+0.0272%1h1.1825+0.279%$4.7M$1.2M5xas long as short
Nado ZRO-PERP+0.0287%1h1.1787−0.045%$1.3M$133K5xas long as short
GMX ZRO/USD [ETH-USDC]L +0.0292% / S −0.2341%1h1.1812+0.170%$3K100xas long as short
Injective ZRO/USDC PERP+0.1041%1h1.1840+0.403%$12K$165K12xas long as short