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

ZM

RWAall ZM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Binance+0.011%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZMUSDT91.0400get 0.0000% / 8h1h 28m$412K$503K20x
ShortHTX ZM-USDT91.0500get 0.0000% / 8h1h 28m$5K$36K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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: +0.011% → 0.000%
$1.1
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$20.9
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 63 min ago; HTX: no order-book sample. 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 Binance live order book, 63 min ago2.20 bp25.1 bp −$2598.3 bp −$983doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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 ZMUSDT0.0000%8h91.057+0.019%$7K$59820xas long as short
Binance ZMUSDTlong0.0000%8h91.040long leg$412K$503K20x
Bybit ZMUSDT0.0000%8h90.980−0.066%$95K$33K25xas long as short
OKX ZM-USDT-SWAP0.0000%8h90.930−0.121%$167K$111K20xas long as short
Gate ZM_USDT0.0000%8h90.970−0.077%$248K$134K20xas long as short
Bitget ZMUSDT0.0000%8h90.810−0.253%$200K$64K20xas long as short
Variational Omni ZM0.0000%8h91.034−0.007%$11K$21Kas long as short
SunX ZM-USDT0.0000%8h91.0400.000%$961$489K10xas long as short
HTX ZM-USDTshort0.0000%8h91.050+0.011%$5K$36K10x
QFEX ZM-USD+0.0067%1h91.0400.000%$1.1M$7.0M10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZMUSDTM+0.0100%8h91.120+0.088%$63K$1.5M20xas long as short
tradeXYZ xyz:ZM+0.0112%1h90.969−0.078%$523K$76K10xas long as short
Polymarket Perps ZM-USD+0.0511%1h91.090+0.055%$105K$383K10xas long as short