Spreads and funding on every venue.Side by side, live.
Z Market Lab compares both legs of every pair across the exchanges and on-chain venues it is connected to. ZML Trade executes the pairs you choose on a server only you control.
| Pair | Venue | Price | Entry spread | Net funding · 8h | 24h volume |
|---|---|---|---|---|---|
| BTC/USDTBTC/USDT | BitgetPerpBybitPerp | 64,231.343764,218.5 | −0.0200% | +0.0065% | $100M |
| ETH/USDTETH/USDT | BinancePerpBitgetPerp | 3,412.458723,413.48256 | +0.0300% | +0.0040% | $50M |
| SOL/USDTSOL/USDT | BybitPerpBitgetPerp | 146.32146.349264 | +0.0200% | +0.0320% | $33.3M |
| LINK/USDTLINK/USDT | BinancePerpBybitPerp | 14.84851514.85 | +0.0100% | +0.0140% | $25M |
| AVAX/USDTAVAX/USDT | BitgetPerpOKXPerp | 28.74574828.742874 | −0.0100% | +0.0140% | $20M |
| SUI/USDTSUI/USDT | OKXPerpBitgetPerp | 1.4601461.460292 | +0.0100% | +0.0190% | $16.7M |
Simulated walkthrough. No orders are placed.
Built for the spread, not the story. ZML watches every connected venue at once and shows the two legs, the spread and the funding side by side. The decision stays with you, and so do your keys.
- Monitor
Streamed, not refreshed
Rows update as venues publish. Each one carries its own data time, so you can tell a live quote from a quiet market.
- Trade
Your server, your keys
Trade runs on a machine you control. Exchange API keys are stored there and are never sent to ZML.
- Together
One language, screen to order
The pair you compare in Z Market Lab is the pair you review in ZML Trade, with the same names, units and venue order.
Monitor
Every pair on every connected venue, compared the same way and updated as the venues publish.
Learn moreSimulated data
- BTC
Bitget64,231.3437
Bybit64,218.5−0.0200%ETH
Binance3,412.45872Bitget3,413.48256+0.0300%SOLBybit146.32Bitget146.349264+0.0200%Market comparisons
Compare the long and short legs, entry and exit spreads, and funding context. Keep your own filters and saved views.
Spot × perp · Perp × perp · Cross-venue · Same-venue
Funding rates
Compare rates across venues with their native periods and equivalent measures. Read trading volume and open interest alongside the rate.
Native periods · 8h equivalent · Funding caps · History
Market announcements
Read exchange announcements with source links, delisting times and affected instruments. Follow the context behind a market change.
ZML Trade
Execution software for the pairs you choose, installed on a server only you control.
Learn more| Pair | Venue | Account | Price | Quantity | Notional | Unrealized |
|---|---|---|---|---|---|---|
| BTC/USDTBTC/USDT | SpotPerp | MainPerp-1 | 76,612.476,619.0 | 0.65200.6520 | 49,95149,955 | +0.42%−0.41% |
| ETH/USDTETH/USDC | PerpPerp | MainPerp-2 | 2,466.012,466.84 | 18.4018.40 | 45,37445,389 | +0.18%−0.17% |
| SOL/USDTSOL/USD | SpotPerp | MainPerp-1 | 100.97101.03 | 310.0310.0 | 31,30031,319 | +0.31%−0.30% |
| SOL/USDTSOL/USDT | PerpPerp | Perp-2Main | 100.92100.99 | 200.0200.0 | 20,18420,198 | +0.22%−0.21% |
| BTC/USDTBTC/USDT | PerpPerp | MainPerp-2 | 76,639.576,610.6 | 00 | 00 | —— |
| ETH/USDTETH/USD | SpotPerp | MainPerp-1 | 2,465.932,466.40 | 00 | 00 | —— |
| SOL/USDCSOL/USD | PerpPerp | MainPerp-1 | 100.95101.01 | 00 | 00 | —— |
| BTC/USDCBTC/USD | PerpPerp | MainPerp-2 | 76,602.976,639.0 | 00 | 00 | —— |
- Long
- $146.8K
- Short
- $146.9K
- Net today
- +38.20
- Volume
- $1.92M
- Fees
- $412.6
- Rebates
- $96.4
Simulated walkthrough. No orders are placed.
Why not the exchange's own bot?
Exchange arbitrage bots are free and a sound place to start. They work inside one exchange. ZML Trade is for the part they leave out.
| Capability | Exchange built-in bot | ZML Trade |
|---|---|---|
| Spot × perp on one exchange | Yes | Yes |
| Long on one venue, short on another | No | Yes |
| Perp × perp funding differences | No | Yes |
| On-chain perpetual venues alongside exchanges | No | Yes |
| Maker execution instead of taking the spread | No | From Standard |
| Several accounts under one risk view | No | From Standard |
| Leg-level reconciliation and recovery | No | Yes |
| Where the keys live | With the exchange | On your server |
Availability of maker execution and multiple accounts depends on your Trade plan.
From observation to execution.
Z Market Lab and ZML Trade work together with separate responsibilities. A market candidate becomes an input to Trade, where reception settings, account permissions and risk controls determine what happens next.
- 01
Observe
Z Market Lab lines up both legs of every pair — spread, funding and volume — so a candidate is something you can read, not a hunch.
- 02
Review
In Trade you check the accounts involved, the size and the parameters before anything is allowed to run.
- 03
Execute
Trade opens and closes both legs on your own server, under your own keys, inside the limits you set.
Use each product on its own, or connect them when your workflow needs both.
See it with real data.
Open the live demo without an account. Install Trade when you are ready to execute on your own server.