Funding you earn now, next payment 05:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.018%
Price spread now: QFEX against Aster+0.018%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZMUSDT | 90.974 | 0 | get 0.0000% / 8h | 3h 51m | $7K | $598 | 20x |
| Short | QFEX ZM-USD | 90.990 | 0.0160 | get 0.0020% / 1h | 51m 26s | $1.1M | $6.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $33.6
- Price spread: +0.018% → 0.000%
- $1.81
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $17.41
- Costs to cover
- 0.180%
- Break-even
- 3.4 days
Slippage unknown: Aster: no order-book sample; QFEX: live order book, 7 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 7 min ago | 2.75 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZMUSDTlong | 0.0000% | 8h | 90.974 | long leg | $7K | $598 | 20x | |
| Binance ZMUSDT | 0.0000% | 8h | 91.010 | +0.040% | $414K | $542K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 90.860 | −0.125% | $95K | $34K | 25x | as long as short |
| OKX ZM-USDT-SWAP | 0.0000% | 8h | 90.940 | −0.037% | $166K | $113K | 20x | as long as short |
| Gate ZM_USDT | 0.0000% | 8h | 90.950 | −0.026% | $247K | $138K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 91.000 | +0.029% | $200K | $73K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 90.999 | +0.028% | $11K | $51K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 91.000 | +0.029% | $878 | $505K | 10x | as long as short |
| HTX ZM-USDT | 0.0000% | 8h | 90.930 | −0.048% | $6K | $35K | 10x | as long as short |
| tradeXYZ xyz:ZM | +0.0050% | 1h | 90.930 | −0.048% | $523K | $81K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZMUSDTM | +0.0100% | 8h | 90.990 | +0.018% | $84K | $1.5M | 20x | as long as short |
| QFEX ZM-USDshort | +0.0160% | 1h | 90.990 | +0.018% | $1.1M | $6.0M | 10x | |
| Polymarket Perps ZM-USD | +0.0441% | 1h | 91.060 | +0.095% | $99K | $392K | 10x | as long as short |
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
OKX ZM-USDT-SWAP
Gate ZM_USDT
Bitget ZMUSDT
Variational Omni ZM
SunX ZM-USDT
HTX ZM-USDT
tradeXYZ xyz:ZM
KuCoin ZMUSDTM
Polymarket Perps ZM-USD