Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.168%
Price spread now: Polymarket Perps against HTX−0.394%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Polymarket Perps is 0.394% cheaper against HTX than usual: you would sell low and buy high (spread −0.394% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 26 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ZM-USDT | 91.320 | 0 | get 0.0000% / 8h | 7h 44m | $6K | $36K | 10x |
| Short | Polymarket Perps ZM-USD | 90.960 | 0.0050 | get 0.0006% / 1h | 44m 41s | $105K | $383K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against HTX. 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
- $10.5
- Price spread: −0.394% → 0.000%
- −$39.42
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$48.92
- Costs to cover
- 0.200%
- Break-even
- 39.6 days
Slippage unknown: HTX: no order-book sample; Polymarket Perps: live order book, 18 min ago. Net counts fees only.
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 HTX no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 18 min ago | 1.65 bp | 7.8 bp −$8 | 12.1 bp −$121 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ZM-USD | −0.0080% | 1h | 91.190 | −0.142% | $1.1M | $7.7M | 10x | as long as short |
| Aster ZMUSDT | 0.0000% | 8h | 91.174 | −0.160% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 91.218 | −0.112% | $411K | $491K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 91.170 | −0.164% | $95K | $31K | 25x | as long as short |
| OKX ZM-USDT-SWAP | 0.0000% | 8h | 91.020 | −0.329% | $167K | $108K | 20x | as long as short |
| Gate ZM_USDT | 0.0000% | 8h | 91.110 | −0.230% | $248K | $127K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 91.090 | −0.252% | $200K | $64K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 91.190 | −0.142% | $12K | $20K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 91.230 | −0.099% | $1K | $497K | 10x | as long as short |
| HTX ZM-USDTlong | 0.0000% | 8h | 91.320 | long leg | $6K | $36K | 10x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ZM-USDshort | +0.0050% | 1h | 90.960 | −0.394% | $105K | $383K | 10x | |
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.110 | −0.230% | $61K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:ZM | +0.0768% | 1h | 91.071 | −0.273% | $555K | $88K | 10x | as long as short |
HTX ZM-USDT
Polymarket Perps ZM-USD
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
OKX ZM-USDT-SWAP
Gate ZM_USDT
Bitget ZMUSDT
Variational Omni ZM
SunX ZM-USDT
KuCoin ZMUSDTM
tradeXYZ xyz:ZM