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: OKX against Gate+0.066%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2562.560% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.066%, 7d avg +0.076%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZM_USDT | 90.900 | 0 | get 0.0000% / 8h | 2h 50m | $247K | $133K | 20x |
| Short | OKX ZM-USDT-SWAP | 90.960 | 0 | get 0.0000% / 8h | 2h 50m | $167K | $118K | 20x |
Gate ZM_USDT
OKX ZM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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: +0.066% → +0.076%
- −$1.03
- Slippage, 4 orders
- −$230.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$257.01
- Costs to cover
- 2.560%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; OKX: live order book, 59 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 Gate live order book, 56 min ago | 2.75 bp | 59.0 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 59 min ago | 10.43 bp | 92.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZM | −0.0122% | 1h | 90.906 | +0.007% | $522K | $82K | 10x | as long as short |
| Aster ZMUSDT | 0.0000% | 8h | 90.966 | +0.072% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 90.990 | +0.099% | $412K | $517K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 90.900 | 0.000% | $95K | $33K | 25x | as long as short |
| OKX ZM-USDT-SWAPshort | 0.0000% | 8h | 90.960 | +0.066% | $167K | $118K | 20x | |
| Gate ZM_USDTlong | 0.0000% | 8h | 90.900 | long leg | $247K | $133K | 20x | |
| Bitget ZMUSDT | 0.0000% | 8h | 91.000 | +0.110% | $200K | $64K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 90.984 | +0.092% | $11K | $36K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 90.970 | +0.077% | $1K | $498K | 10x | as long as short |
| HTX ZM-USDT | 0.0000% | 8h | 91.060 | +0.176% | $6K | $35K | 10x | as long as short |
tradeXYZ xyz:ZM
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
Bitget ZMUSDT
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 | 90.950 | +0.055% | $1.1M | $6.4M | 10x | as long as short |
| Polymarket Perps ZM-USD | +0.0050% | 1h | 91.000 | +0.110% | $105K | $391K | 10x | as long as short |
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.020 | +0.132% | $75K | $1.5M | 20x | as long as short |
QFEX ZM-USD
Polymarket Perps ZM-USD
KuCoin ZMUSDTM