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 +0.073%
Price spread now: OKX against Gate−0.010%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1441.445% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.149%+$15 on $10k
Price spread, last 7 days+0.149%+$15 · spread now −0.010%, 7d avg +0.039%
Together, before fees+0.298%+$30 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 0.049% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZAMA_USDT0.095790.0100pay 0.0050% / 4h1h 36m$975K$5.6M50x
ShortOKX ZAMA-USDT-SWAP0.095780.0100get 0.0050% / 4h1h 36m$5.5M$84.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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: −0.010% → +0.039%
−$4.93
Slippage, 4 orders
−$119.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$149.43
Costs to cover
1.445%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; OKX: live order book, 2 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 Gate live order book, 1 min ago6.76 bp53.8 bp −$54199.8 bp −$1,998doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.52 bp24.0 bp −$24125.3 bp −$1,253doesn'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
Aster ZAMAUSDT+0.0100%4h0.09586+0.072%$320K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09581+0.019%$19.0M$116.3M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09598+0.198%$8.3M$22.9M25xas long as short
OKX ZAMA-USDT-SWAPshort+0.0100%4h0.09578−0.010%$5.5M$84.6M20x
Gate ZAMA_USDTlong+0.0100%4h0.09579long leg$975K$5.6M50x
MEXC ZAMA_USDT+0.0100%4h0.09588+0.094%$2.9M$4.2M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09586+0.073%$870K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09584+0.052%$4.9M$11.8M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09601+0.230%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09552−0.284%$1.1M$576Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09616+0.386%$728K20xas long as short
edgeX ZAMAUSDC+0.0120%4h0.09625+0.477%$6K$455K10xas long as short
BloFin ZAMA-USDT+0.0135%4h0.09606+0.282%$849K$514K50xas long as short