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
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZM-USD | 90.940 | 0.0050 | pay 0.0006% / 1h | 54m 51s | $105K | $383K | 10x |
| Short | Aster ZMUSDT | 91.099 | 0 | get 0.0000% / 8h | 7h 54m | $7K | $598 | 20x |
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 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: +0.174% → 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 8 min ago | 1.65 bp | 9.6 bp −$10 | 13.2 bp −$132 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ZM-USD | −0.0080% | 1h | 90.790 | −0.165% | $1.2M | $7.7M | 10x | as long as short |
| Aster ZMUSDTshort | 0.0000% | 8h | 91.099 | +0.174% | $7K | $598 | 20x | |
| Binance ZMUSDT | 0.0000% | 8h | 91.050 | +0.121% | $411K | $494K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 91.110 | +0.187% | $95K | $31K | 25x | as long as short |
| OKX ZM-USDT-SWAP | 0.0000% | 8h | 91.020 | +0.088% | $167K | $110K | 20x | as long as short |
| Gate ZM_USDT | 0.0000% | 8h | 90.940 | 0.000% | $248K | $126K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 91.090 | +0.165% | $200K | $64K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 91.026 | +0.094% | $12K | $20K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 91.040 | +0.110% | $929 | $492K | 10x | as long as short |
| HTX ZM-USDT | 0.0000% | 8h | 91.010 | +0.077% | $6K | $36K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ZM-USDlong | +0.0050% | 1h | 90.940 | long leg | $105K | $383K | 10x | |
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.050 | +0.121% | $64K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:ZM | +0.0587% | 1h | 90.991 | +0.056% | $522K | $68K | 10x | as long as short |
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
HTX ZM-USDT
KuCoin ZMUSDTM
tradeXYZ xyz:ZM