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: OKX against SunX−0.077%47s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as 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−$2662.665% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.077%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.038% cheaper against SunX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.039%. The two prices were read 47 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 | 91.470 | 0 | get 0.0000% / 8h | 6h 17m | $944 | $514K | 10x |
| Short | OKX ZM-USDT-SWAP | 91.400 | 0 | get 0.0000% / 8h | 6h 17m | $167K | $108K | 20x |
SunX ZM-USDT
OKX ZM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.077% → −0.039%
- −$3.76
- Slippage, 4 orders
- −$248.48
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$270.24
- Costs to cover
- 2.665%
- Break-even
- never at this rate
Slippage from SunX: live order book, 26 min ago; OKX: live order book, 30 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, 26 min ago | 46.09 bp | 67.8 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 30 min ago | 6.58 bp | 82.2 bp −$82 | doesn't fit | 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 | 91.405 | −0.071% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 91.500 | +0.033% | $410K | $494K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 91.380 | −0.098% | $95K | $30K | 25x | as long as short |
| OKX ZM-USDT-SWAPshort | 0.0000% | 8h | 91.400 | −0.077% | $167K | $108K | 20x | |
| Gate ZM_USDT | 0.0000% | 8h | 91.370 | −0.109% | $248K | $129K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 91.480 | +0.011% | $202K | $64K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 91.461 | −0.010% | $12K | $20K | — | as long as short |
| SunX ZM-USDTlong | 0.0000% | 8h | 91.470 | long leg | $944 | $514K | 10x | |
| HTX ZM-USDT | 0.0000% | 8h | 91.470 | 0.000% | $6K | $36K | 10x | as long as short |
| QFEX ZM-USD | +0.0067% | 1h | 91.290 | −0.197% | $1.1M | $8.1M | 10x | as long as short |
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ZM-USD | +0.0082% | 1h | 91.110 | −0.394% | $105K | $381K | 10x | as long as short |
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.310 | −0.175% | $59K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:ZM | +0.1100% | 1h | 91.262 | −0.227% | $612K | $119K | 10x | as long as short |
Polymarket Perps ZM-USD
KuCoin ZMUSDTM
tradeXYZ xyz:ZM