Settings8H · net · $10k
Funding arb · Price arb /

ZAMA

all ZAMA 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 +0.002%
Price spread now: OKX against Binance−0.043%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$810.808% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 days+0.115%+$12 · spread now −0.043%, 7d avg +0.028%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.071% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZAMAUSDT0.093890.0100pay 0.0050% / 4h1h 06m$18.5M$114.0M50x
ShortOKX ZAMA-USDT-SWAP0.093850.0100get 0.0050% / 4h1h 06m$5.4M$81.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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: −0.043% → +0.028%
−$7.06
Slippage, 4 orders
−$60.82
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$87.88
Costs to cover
0.808%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.06 bp17.6 bp −$1860.7 bp −$607doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.53 bp24.5 bp −$24105.7 bp −$1,057doesn't fitdoesn't fit

ZAMA 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
BloFin ZAMA-USDT+0.0041%4h0.09381−0.085%$821K$497K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09388−0.011%$313K$1.8M20xas long as short
Binance ZAMAUSDTlong+0.0100%4h0.09389long leg$18.5M$114.0M50x
Bybit ZAMAUSDT+0.0100%4h0.09387−0.021%$8.2M$22.4M25xas long as short
OKX ZAMA-USDT-SWAPshort+0.0100%4h0.09385−0.043%$5.4M$81.4M20x
Gate ZAMA_USDT+0.0100%4h0.09388−0.011%$948K$5.7M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09388−0.011%$2.7M$4.2M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09386−0.032%$861K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09388−0.011%$4.8M$11.3M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.093890.000%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09386−0.034%$1.1M$578Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09399+0.107%$728K20xas long as short
edgeX ZAMAUSDC+0.0107%4h0.09339−0.535%$5K$455K10xas long as short