Funding you earn now, next payment 06:00 UTC+0.0242%/8h= +26.4% APRpaid last 24h +0.167%
Price spread now: Polymarket Perps against Bitget+0.077%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1961.956% of the position
Funding, last 7 days+0.574%+$57 on $10k
+Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.077%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Polymarket Perps is 0.060% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZMUSDT | 91.000 | 0 | get 0.0000% / 8h | 2h 15m | $200K | $64K | 20x |
| Short | Polymarket Perps ZM-USD | 91.070 | 0.0242 | get 0.0030% / 1h | 15m 48s | $105K | $391K | 10x |
Bitget ZMUSDT
Polymarket Perps ZM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $50.72
- Price spread: +0.077% → +0.017%
- $6.01
- Slippage, 4 orders
- −$175.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$138.92
- Costs to cover
- 1.956%
- Break-even
- 26.2 days
Slippage from Bitget: live order book, 24 min ago; Polymarket Perps: live order book, 62 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, 24 min ago | 12.65 bp | 50.0 bp −$50 | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 62 min ago | 3.30 bp | 9.7 bp −$10 | 14.7 bp −$147 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZM | −0.0059% | 1h | 90.906 | −0.103% | $522K | $82K | 10x | as long as short |
| Aster ZMUSDT | 0.0000% | 8h | 91.002 | +0.002% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 91.036 | +0.039% | $413K | $518K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 90.790 | −0.231% | $95K | $33K | 25x | as long as short |
| OKX ZM-USDT-SWAP | 0.0000% | 8h | 90.820 | −0.198% | $167K | $118K | 20x | as long as short |
| Gate ZM_USDT | 0.0000% | 8h | 90.980 | −0.022% | $249K | $136K | 20x | as long as short |
| Bitget ZMUSDTlong | 0.0000% | 8h | 91.000 | long leg | $200K | $64K | 20x | |
| Variational Omni ZM | 0.0000% | 8h | 91.020 | +0.022% | $11K | $36K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 91.020 | +0.022% | $1K | $495K | 10x | as long as short |
| HTX ZM-USDT | 0.0000% | 8h | 90.950 | −0.055% | $6K | $36K | 10x | as long as short |
tradeXYZ xyz:ZM
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
OKX ZM-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX ZM-USD | +0.0023% | 1h | 90.900 | −0.110% | $1.1M | $6.6M | 10x | as long as short |
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.100 | +0.110% | $71K | $1.5M | 20x | as long as short |
| Polymarket Perps ZM-USDshort | +0.0242% | 1h | 91.070 | +0.077% | $105K | $391K | 10x |
QFEX ZM-USD
KuCoin ZMUSDTM