Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.263%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2602.604% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.507%+$51 · spread now −0.263%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.233% cheaper against Bitget than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZMUSDT | 91.180 | 0 | get 0.0000% / 8h | 7h 01m | $201K | $63K | 20x |
| Short | OKX ZM-USDT-SWAP | 90.940 | 0 | get 0.0000% / 8h | 7h 01m | $166K | $108K | 20x |
Bitget ZMUSDT
OKX ZM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $0
- Price spread: −0.263% → −0.030%
- −$23.28
- Slippage, 4 orders
- −$238.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$283.69
- Costs to cover
- 2.604%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 23 min ago; OKX: live order book, 28 min ago.
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 Bitget live order book, 23 min ago | 29.07 bp | 58.4 bp −$58 | 79.8 bp −$798 | doesn't fit | doesn't fit |
| Sell OKX live order book, 28 min ago | 10.43 bp | 79.9 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX ZM-USD | −0.0080% | 1h | 91.220 | +0.044% | $1.1M | $7.9M | 10x | as long as short |
| Aster ZMUSDT | 0.0000% | 8h | 91.161 | −0.021% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 91.182 | +0.002% | $410K | $483K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 91.160 | −0.022% | $95K | $30K | 25x | as long as short |
| OKX ZM-USDT-SWAPshort | 0.0000% | 8h | 90.940 | −0.263% | $166K | $108K | 20x | |
| Gate ZM_USDT | 0.0000% | 8h | 91.100 | −0.088% | $248K | $130K | 20x | as long as short |
| Bitget ZMUSDTlong | 0.0000% | 8h | 91.180 | long leg | $201K | $63K | 20x | |
| Variational Omni ZM | 0.0000% | 8h | 91.170 | −0.011% | $12K | $20K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 91.200 | +0.022% | $1K | $503K | 10x | as long as short |
| HTX ZM-USDT | 0.0000% | 8h | 91.290 | +0.121% | $6K | $36K | 10x | as long as short |
QFEX ZM-USD
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
Gate ZM_USDT
Variational Omni ZM
SunX ZM-USDT
HTX ZM-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ZM-USD | +0.0050% | 1h | 91.090 | −0.099% | $105K | $381K | 10x | as long as short |
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.040 | −0.154% | $59K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:ZM | +0.0718% | 1h | 91.093 | −0.095% | $556K | $85K | 10x | as long as short |
Polymarket Perps ZM-USD
KuCoin ZMUSDTM
tradeXYZ xyz:ZM