Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against SunX+0.044%56s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1941.940% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 2 days (all we have)−0.028%−$3 · spread now +0.044%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.008%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZM-USDT | 91.530 | 0 | get 0.0000% / 8h | 5h 29m | $1K | $515K | 10x |
| Short | Binance ZMUSDT | 91.570 | 0 | get 0.0000% / 8h | 5h 29m | $411K | $497K | 20x |
SunX ZM-USDT
Binance ZMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $0
- Price spread: +0.044% → +0.008%
- $3.58
- Slippage, 4 orders
- −$176.03
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$190.45
- Costs to cover
- 1.940%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; Binance: live order book, 70 min ago.
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 SunX live order book, 5 min ago | 46.42 bp | 67.8 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 70 min ago | 1.10 bp | 18.6 bp −$19 | 82.1 bp −$821 | doesn't fit | doesn't fit |
ZM on 13 exchanges
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 | 91.489 | −0.045% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDTshort | 0.0000% | 8h | 91.570 | +0.044% | $411K | $497K | 20x | |
| Bybit ZMUSDT | 0.0000% | 8h | 91.540 | +0.011% | $95K | $30K | 25x | as long as short |
| OKX ZM-USDT-SWAP | 0.0000% | 8h | 91.420 | −0.120% | $167K | $108K | 20x | as long as short |
| Gate ZM_USDT | 0.0000% | 8h | 91.450 | −0.087% | $248K | $128K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 91.580 | +0.055% | $203K | $64K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 91.528 | −0.002% | $12K | $20K | — | as long as short |
| SunX ZM-USDTlong | 0.0000% | 8h | 91.530 | long leg | $1K | $515K | 10x | |
| HTX ZM-USDT | 0.0000% | 8h | 91.580 | +0.055% | $6K | $36K | 10x | as long as short |
| QFEX ZM-USD | +0.0080% | 1h | 91.480 | −0.055% | $1.1M | $8.4M | 10x | as long as short |
Aster ZMUSDT
Bybit ZMUSDT
OKX ZM-USDT-SWAP
Gate ZM_USDT
Bitget ZMUSDT
Variational Omni ZM
HTX ZM-USDT
QFEX ZM-USDShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.460 | −0.076% | $61K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:ZM | +0.1394% | 1h | 91.437 | −0.102% | $613K | $123K | 10x | as long as short |
| Polymarket Perps ZM-USD | +0.1542% | 1h | 91.640 | +0.120% | $106K | $377K | 10x | as long as short |
KuCoin ZMUSDTM
tradeXYZ xyz:ZM
Polymarket Perps ZM-USD