Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.019%
Price spread now: QFEX against HTX+0.240%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.240% dearer against HTX than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ZM-USDT | 91.510 | 0 | get 0.0000% / 8h | 4h 47m | $5K | $37K | 10x |
| Short | QFEX ZM-USD | 91.730 | 0.0040 | get 0.0005% / 1h | 47m 47s | $1.2M | $8.6M | 10x |
HTX ZM-USDT
QFEX ZM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $8.4
- Price spread: +0.240% → 0.000%
- $24.04
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $10.44
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago | 3.81 bp | 10.4 bp −$10 | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZMUSDT | 0.0000% | 8h | 91.645 | +0.147% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 91.762 | +0.275% | $412K | $500K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 91.720 | +0.229% | $94K | $31K | 25x | as long as short |
| OKX ZM-USDT-SWAP | 0.0000% | 8h | 91.780 | +0.295% | $168K | $107K | 20x | as long as short |
| Gate ZM_USDT | 0.0000% | 8h | 91.680 | +0.186% | $249K | $125K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 91.790 | +0.306% | $203K | $64K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 91.776 | +0.290% | $12K | $20K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 91.780 | +0.295% | $1K | $518K | 10x | as long as short |
| HTX ZM-USDTlong | 0.0000% | 8h | 91.510 | long leg | $5K | $37K | 10x | |
| QFEX ZM-USDshort | +0.0040% | 1h | 91.730 | +0.240% | $1.2M | $8.6M | 10x |
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
OKX ZM-USDT-SWAP
Gate ZM_USDT
Bitget ZMUSDT
Variational Omni ZM
SunX ZM-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.660 | +0.164% | $62K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:ZM | +0.1361% | 1h | 91.766 | +0.280% | $616K | $120K | 10x | as long as short |
| Polymarket Perps ZM-USD | +0.1800% | 1h | 91.830 | +0.350% | $106K | $377K | 10x | as long as short |
KuCoin ZMUSDTM
tradeXYZ xyz:ZM
Polymarket Perps ZM-USD