Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: QFEX against SunX0.000%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1651.650% of the position
Funding, last 4 days (all we have)+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now 0.000%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZM-USDT | 91.240 | 0 | get 0.0000% / 8h | 6h 57m | $1K | $504K | 10x |
| Short | QFEX ZM-USD | 91.240 | 0.0067 | get 0.0008% / 1h | 57m 45s | $1.1M | $7.9M | 10x |
SunX ZM-USDT
QFEX ZM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $14.01
- Price spread: 0.000% → −0.004%
- $0.38
- Slippage, 4 orders
- −$146.98
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$150.59
- Costs to cover
- 1.650%
- Break-even
- 82.2 days
Slippage from SunX: live order book, 44 min ago; QFEX: live order book, 6 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, 44 min ago | 48.82 bp | 73.2 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.74 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
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 | 91.190 | −0.055% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 91.237 | −0.004% | $410K | $484K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 91.180 | −0.066% | $95K | $30K | 25x | as long as short |
| OKX ZM-USDT-SWAP | 0.0000% | 8h | 90.940 | −0.329% | $166K | $108K | 20x | as long as short |
| Gate ZM_USDT | 0.0000% | 8h | 91.120 | −0.132% | $248K | $126K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 91.180 | −0.066% | $201K | $63K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 91.193 | −0.051% | $12K | $20K | — | as long as short |
| SunX ZM-USDTlong | 0.0000% | 8h | 91.240 | long leg | $1K | $504K | 10x | |
| HTX ZM-USDT | 0.0000% | 8h | 91.070 | −0.186% | $6K | $36K | 10x | as long as short |
| Polymarket Perps ZM-USD | +0.0050% | 1h | 91.110 | −0.142% | $105K | $381K | 10x | as long as short |
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
OKX ZM-USDT-SWAP
Gate ZM_USDT
Bitget ZMUSDT
Variational Omni ZM
HTX ZM-USDT
Polymarket Perps ZM-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ZM-USDshort | +0.0067% | 1h | 91.240 | 0.000% | $1.1M | $7.9M | 10x | |
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.110 | −0.142% | $59K | $1.5M | 20x | as long as short |
| tradeXYZ xyz:ZM | +0.0928% | 1h | 91.093 | −0.161% | $556K | $85K | 10x | as long as short |
KuCoin ZMUSDTM
tradeXYZ xyz:ZM