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 SunX−0.011%57s7-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
LongSunX ZM-USDT90.9500get 0.0000% / 8h1h 54m$1K$493K10x
ShortHTX ZM-USDT90.9400get 0.0000% / 8h1h 54m$5K$36K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$21.1
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 7 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 SunX live order book, 7 min ago46.13 bp64.3 bp −$64doesn'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
Aster ZMUSDT0.0000%8h91.099+0.164%$7K$59820xas long as short
Binance ZMUSDT0.0000%8h91.060+0.121%$413K$518K20xas long as short
Bybit ZMUSDT0.0000%8h90.970+0.022%$95K$33K25xas long as short
OKX ZM-USDT-SWAP0.0000%8h91.030+0.088%$167K$118K20xas long as short
Gate ZM_USDT0.0000%8h90.9500.000%$248K$132K20xas long as short
Bitget ZMUSDT0.0000%8h91.050+0.110%$200K$65K20xas long as short
Variational Omni ZM0.0000%8h90.949−0.001%$11K$36Kas long as short
SunX ZM-USDTlong0.0000%8h90.950long leg$1K$493K10x
HTX ZM-USDTshort0.0000%8h90.940−0.011%$5K$36K10x
tradeXYZ xyz:ZM+0.0050%1h90.960+0.011%$523K$80K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ZM-USD+0.0067%1h91.070+0.132%$1.1M$6.9M10xas long as short
KuCoin ZMUSDTM+0.0100%8h91.170+0.242%$70K$1.5M20xas long as short
Polymarket Perps ZM-USD+0.0394%1h91.060+0.121%$105K$390K10xas long as short