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

ZM

RWAall ZM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.162%
Price spread now: Aster against Polymarket Perps+0.174%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.174% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.174% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZM-USD90.9400.0050pay 0.0006% / 1h54m 51s$105K$383K10x
ShortAster ZMUSDT91.0990get 0.0000% / 8h7h 54m$7K$59820x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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
−$10.5
Price spread: +0.174% → 0.000%
$17.43
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$9.07
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Polymarket Perps: live order book, 8 min ago; Aster: 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 Polymarket Perps live order book, 8 min ago1.65 bp9.6 bp −$1013.2 bp −$132doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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
QFEX ZM-USD−0.0080%1h90.790−0.165%$1.2M$7.7M10xas long as short
Aster ZMUSDTshort0.0000%8h91.099+0.174%$7K$59820x
Binance ZMUSDT0.0000%8h91.050+0.121%$411K$494K20xas long as short
Bybit ZMUSDT0.0000%8h91.110+0.187%$95K$31K25xas long as short
OKX ZM-USDT-SWAP0.0000%8h91.020+0.088%$167K$110K20xas long as short
Gate ZM_USDT0.0000%8h90.9400.000%$248K$126K20xas long as short
Bitget ZMUSDT0.0000%8h91.090+0.165%$200K$64K20xas long as short
Variational Omni ZM0.0000%8h91.026+0.094%$12K$20Kas long as short
SunX ZM-USDT0.0000%8h91.040+0.110%$929$492K10xas long as short
HTX ZM-USDT0.0000%8h91.010+0.077%$6K$36K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ZM-USDlong+0.0050%1h90.940long leg$105K$383K10x
KuCoin ZMUSDTM+0.0100%8h91.050+0.121%$64K$1.5M20xas long as short
tradeXYZ xyz:ZM+0.0587%1h90.991+0.056%$522K$68K10xas long as short