Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h −0.067%
Price spread now: OKX against tradeXYZ+0.059%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2342.341% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.059%, 7d avg +0.057%
=Together, before fees−0.090%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ZM | 90.906 | −0.0088 | get 0.0011% / 1h | 45m 42s | $522K | $82K | 10x |
| Short | OKX ZM-USDT-SWAP | 90.960 | 0 | get 0.0000% / 8h | 2h 45m | $167K | $118K | 20x |
tradeXYZ xyz:ZM
OKX ZM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against tradeXYZ. 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
- $18.54
- Price spread: +0.059% → +0.057%
- $0.25
- Slippage, 4 orders
- −$206.07
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$215.29
- Costs to cover
- 2.341%
- Break-even
- 88.3 days
Slippage from tradeXYZ: live order book, 31 min ago; OKX: live order book, 64 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 tradeXYZ live order book, 31 min ago | 13.43 bp | 39.4 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 64 min ago | 10.43 bp | 92.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ZMlong | −0.0088% | 1h | 90.906 | long leg | $522K | $82K | 10x | |
| Aster ZMUSDT | 0.0000% | 8h | 90.984 | +0.086% | $7K | $598 | 20x | as long as short |
| Binance ZMUSDT | 0.0000% | 8h | 90.990 | +0.092% | $412K | $515K | 20x | as long as short |
| Bybit ZMUSDT | 0.0000% | 8h | 90.900 | −0.007% | $95K | $33K | 25x | as long as short |
| OKX ZM-USDT-SWAPshort | 0.0000% | 8h | 90.960 | +0.059% | $167K | $118K | 20x | |
| Gate ZM_USDT | 0.0000% | 8h | 90.890 | −0.018% | $247K | $133K | 20x | as long as short |
| Bitget ZMUSDT | 0.0000% | 8h | 90.970 | +0.070% | $200K | $64K | 20x | as long as short |
| Variational Omni ZM | 0.0000% | 8h | 90.984 | +0.086% | $11K | $36K | — | as long as short |
| SunX ZM-USDT | 0.0000% | 8h | 90.970 | +0.070% | $1K | $494K | 10x | as long as short |
| HTX ZM-USDT | 0.0000% | 8h | 90.950 | +0.048% | $6K | $35K | 10x | as long as short |
Aster ZMUSDT
Binance ZMUSDT
Bybit ZMUSDT
Gate ZM_USDT
Bitget ZMUSDT
Variational Omni ZM
SunX ZM-USDT
HTX ZM-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ZM-USD | +0.0023% | 1h | 91.000 | +0.103% | $1.1M | $6.4M | 10x | as long as short |
| KuCoin ZMUSDTM | +0.0100% | 8h | 91.080 | +0.191% | $71K | $1.5M | 20x | as long as short |
| Polymarket Perps ZM-USD | +0.0107% | 1h | 91.030 | +0.136% | $105K | $391K | 10x | as long as short |
QFEX ZM-USD
KuCoin ZMUSDTM
Polymarket Perps ZM-USD