Settings8H · net · $10k
Funding arb · Price arb /

ZM

RWAall ZM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.081%
Price spread now: HTX against KuCoin+0.186%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.186% dearer against KuCoin than usual: you sell high and buy low (spread +0.186% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZMUSDTM91.2900.0100pay 0.0100% / 8h5h 45m$61K$1.5M20x
ShortHTX ZM-USDT91.4600get 0.0000% / 8h5h 45m$6K$36K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: +0.186% → 0.000%
$18.62
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$26.38
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago2.19 bp292.5 bp −$293doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZMUSDT0.0000%8h91.372+0.089%$7K$59820xas long as short
Binance ZMUSDT0.0000%8h91.414+0.136%$409K$495K20xas long as short
Bybit ZMUSDT0.0000%8h91.390+0.110%$95K$30K25xas long as short
OKX ZM-USDT-SWAP0.0000%8h91.420+0.142%$167K$108K20xas long as short
Gate ZM_USDT0.0000%8h91.330+0.044%$248K$127K20xas long as short
Bitget ZMUSDT0.0000%8h91.400+0.120%$202K$64K20xas long as short
Variational Omni ZM0.0000%8h91.412+0.133%$12K$20Kas long as short
SunX ZM-USDT0.0000%8h91.390+0.110%$922$515K10xas long as short
HTX ZM-USDTshort0.0000%8h91.460+0.186%$6K$36K10x
QFEX ZM-USD+0.0080%1h91.330+0.044%$1.1M$8.3M10xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZMUSDTMlong+0.0100%8h91.290long leg$61K$1.5M20x
Polymarket Perps ZM-USD+0.1357%1h91.480+0.208%$105K$377K10xas long as short
tradeXYZ xyz:ZM+0.1409%1h91.378+0.096%$613K$123K10xas long as short