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

ZM

RWAall ZM markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 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
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZMUSDT90.9740get 0.0000% / 8h3h 51m$7K$59820x
ShortQFEX ZM-USD90.9900.0160get 0.0020% / 1h51m 26s$1.1M$6.0M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell QFEX live order book, 7 min ago2.75 bp11.2 bp −$11doesn't fitdoesn'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
Aster ZMUSDTlong0.0000%8h90.974long leg$7K$59820x
Binance ZMUSDT0.0000%8h91.010+0.040%$414K$542K20xas long as short
Bybit ZMUSDT0.0000%8h90.860−0.125%$95K$34K25xas long as short
OKX ZM-USDT-SWAP0.0000%8h90.940−0.037%$166K$113K20xas long as short
Gate ZM_USDT0.0000%8h90.950−0.026%$247K$138K20xas long as short
Bitget ZMUSDT0.0000%8h91.000+0.029%$200K$73K20xas long as short
Variational Omni ZM0.0000%8h90.999+0.028%$11K$51Kas long as short
SunX ZM-USDT0.0000%8h91.000+0.029%$878$505K10xas long as short
HTX ZM-USDT0.0000%8h90.930−0.048%$6K$35K10xas long as short
tradeXYZ xyz:ZM+0.0050%1h90.930−0.048%$523K$81K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZMUSDTM+0.0100%8h90.990+0.018%$84K$1.5M20xas long as short
QFEX ZM-USDshort+0.0160%1h90.990+0.018%$1.1M$6.0M10x
Polymarket Perps ZM-USD+0.0441%1h91.060+0.095%$99K$392K10xas long as short