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: Bitget against Variational Omni+0.012%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZM90.9890get 0.0000% / 8h3h 59m$11K$51K
ShortBitget ZMUSDT91.0000get 0.0000% / 8h3h 59m$200K$73K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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: +0.012% → 0.000%
$1.2
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$10.8
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 50 min ago. 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 Variational Omni no order-book sample
Sell Bitget live order book, 50 min ago19.76 bp127.5 bp −$128154.4 bp −$1,544doesn't fitdoesn't fit
Variational Omni: 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%8h90.974−0.017%$7K$59820xas long as short
Binance ZMUSDT0.0000%8h91.173+0.202%$414K$542K20xas long as short
Bybit ZMUSDT0.0000%8h91.050+0.067%$95K$34K25xas long as short
OKX ZM-USDT-SWAP0.0000%8h90.940−0.054%$166K$113K20xas long as short
Gate ZM_USDT0.0000%8h90.930−0.065%$247K$137K20xas long as short
Bitget ZMUSDTshort0.0000%8h91.000+0.012%$200K$73K20x
Variational Omni ZMlong0.0000%8h90.989long leg$11K$51K
SunX ZM-USDT0.0000%8h90.990+0.001%$897$509K10xas long as short
HTX ZM-USDT0.0000%8h91.090+0.111%$6K$35K10xas long as short
KuCoin ZMUSDTM+0.0100%8h91.140+0.166%$84K$1.5M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ZM+0.0137%1h90.932−0.063%$523K$81K10xas long as short
QFEX ZM-USD+0.0160%1h91.050+0.067%$1.1M$5.9M10xas long as short
Polymarket Perps ZM-USD+0.0472%1h91.080+0.100%$99K$392K10xas long as short