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

ZM

RWAall ZM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0247%/8h= +27.1% APRpaid last 24h +0.167%
Price spread now: Polymarket Perps against Aster+0.075%7-day average · 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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Polymarket Perps is 0.075% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZMUSDT91.0010get 0.0000% / 8h2h 14m$7K$59820x
ShortPolymarket Perps ZM-USD91.0700.0247get 0.0031% / 1h14m 53s$105K$391K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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
$51.93
Price spread: +0.075% → 0.000%
$7.53
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$43.46
Costs to cover
0.160%
Break-even
1.1 days
Slippage unknown: Aster: no order-book sample; Polymarket Perps: live order book, 63 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 Aster no order-book sample
Sell Polymarket Perps live order book, 63 min ago3.30 bp9.7 bp −$1014.7 bp −$147doesn't fitdoesn't fit
Aster: 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.

ZM on 13 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
tradeXYZ xyz:ZM−0.0057%1h90.906−0.105%$522K$82K10xas long as short
Aster ZMUSDTlong0.0000%8h91.001long leg$7K$59820x
Binance ZMUSDT0.0000%8h91.050+0.053%$414K$518K20xas long as short
Bybit ZMUSDT0.0000%8h90.910−0.101%$95K$33K25xas long as short
OKX ZM-USDT-SWAP0.0000%8h90.820−0.199%$167K$118K20xas long as short
Gate ZM_USDT0.0000%8h90.980−0.024%$249K$136K20xas long as short
Bitget ZMUSDT0.0000%8h91.000−0.002%$200K$64K20xas long as short
Variational Omni ZM0.0000%8h91.020+0.020%$11K$36Kas long as short
SunX ZM-USDT0.0000%8h91.020+0.020%$1K$495K10xas long as short
HTX ZM-USDT0.0000%8h91.060+0.064%$6K$36K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ZM-USD+0.0023%1h90.950−0.057%$1.1M$6.6M10xas long as short
KuCoin ZMUSDTM+0.0100%8h91.100+0.108%$71K$1.5M20xas long as short
Polymarket Perps ZM-USDshort+0.0247%1h91.070+0.075%$105K$391K10x