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

ZM

RWAall ZM markets
SwapBacktest
Alert: funding
Alert: spread
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: HTX against OKX−0.011%7-day average · you buy dearer than you sell
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZM-USDT-SWAP90.9600get 0.0000% / 8h2h 46m$167K$118K20x
ShortHTX ZM-USDT90.9500get 0.0000% / 8h2h 46m$6K$35K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
$0
Price spread: −0.011% → 0.000%
−$1.1
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$23.1
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 64 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 OKX live order book, 64 min ago10.43 bp55.3 bp −$55doesn'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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZM−0.0090%1h90.906−0.059%$522K$82K10xas long as short
Aster ZMUSDT0.0000%8h90.990+0.033%$7K$59820xas long as short
Binance ZMUSDT0.0000%8h90.990+0.033%$412K$515K20xas long as short
Bybit ZMUSDT0.0000%8h90.900−0.066%$95K$33K25xas long as short
OKX ZM-USDT-SWAPlong0.0000%8h90.960long leg$167K$118K20x
Gate ZM_USDT0.0000%8h90.890−0.077%$247K$133K20xas long as short
Bitget ZMUSDT0.0000%8h91.000+0.044%$200K$64K20xas long as short
Variational Omni ZM0.0000%8h90.984+0.026%$11K$36Kas long as short
SunX ZM-USDT0.0000%8h90.970+0.011%$1K$494K10xas long as short
HTX ZM-USDTshort0.0000%8h90.950−0.011%$6K$35K10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ZM-USD+0.0023%1h91.000+0.044%$1.1M$6.4M10xas long as short
KuCoin ZMUSDTM+0.0100%8h91.080+0.132%$71K$1.5M20xas long as short
Polymarket Perps ZM-USD+0.0107%1h91.030+0.077%$105K$391K10xas long as short