Funding you earn now, next payment 07:00 UTC−0.0548%/8h= −60.0% APRpaid last 24h −0.155%
Price spread now: HTX against Polymarket Perps−0.088%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$16 a day on $10k at the current rate, and HTX is 0.088% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZM-USD | 91.080 | 0.0548 | pay 0.0068% / 1h | 18m 43s | $105K | $383K | 10x |
| Short | HTX ZM-USDT | 91.000 | 0 | get 0.0000% / 8h | 1h 18m | $6K | $36K | 10x |
Polymarket Perps ZM-USD
HTX ZM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$114.98
- Price spread: −0.088% → 0.000%
- −$8.78
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$143.76
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 54 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 54 min ago | 2.74 bp | 9.4 bp −$9 | 13.5 bp −$135 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZMUSDT | 0.0000% | 8h | 91.063 | −0.019% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 91.042 | −0.042% | $412K | $506K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 90.990 | −0.099% | $95K | $33K | 25x | as long as short |
| OKX ZM-USDT-SWAP | 0.0000% | 8h | 90.930 | −0.165% | $167K | $111K | 20x | as long as short |
| Gate ZM_USDT | 0.0000% | 8h | 90.960 | −0.132% | $248K | $134K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 91.000 | −0.088% | $200K | $64K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 91.044 | −0.039% | $12K | $22K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 91.050 | −0.033% | $1K | $491K | 10x | as long as short |
| HTX ZM-USDTshort | 0.0000% | 8h | 91.000 | −0.088% | $6K | $36K | 10x | |
| QFEX ZM-USD | +0.0067% | 1h | 91.050 | −0.033% | $1.1M | $7.1M | 10x | as long as short |
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
OKX ZM-USDT-SWAP
Gate ZM_USDT
Bitget ZMUSDT
Variational Omni ZM
SunX ZM-USDT
QFEX ZM-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.110 | +0.033% | $63K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:ZM | +0.0160% | 1h | 91.009 | −0.078% | $523K | $76K | 10x | as long as short |
| Polymarket Perps ZM-USDlong | +0.0548% | 1h | 91.080 | long leg | $105K | $383K | 10x |
KuCoin ZMUSDTM
tradeXYZ xyz:ZM