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 0.000%
Price spread now: OKX against KuCoin+0.032%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1511.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.032%, 7d avg −0.035%
Together, before fees−0.046%−$5 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 0.067% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZAMAUSDTM0.094100.0100pay 0.0050% / 4h8m 11s$875K$1.1M50x
ShortOKX ZAMA-USDT-SWAP0.094130.0100get 0.0050% / 4h8m 11s$5.4M$79.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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: +0.032% → −0.035%
$6.66
Slippage, 4 orders
−$129.13
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$144.47
Costs to cover
1.511%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; OKX: live order book, 6 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 KuCoin live order book, 7 min ago5.35 bp50.4 bp −$50167.5 bp −$1,675doesn't fitdoesn't fit
Sell OKX live order book, 6 min ago1.07 bp19.0 bp −$1975.5 bp −$755doesn'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+0.0071%4h0.09415+0.053%$819K$486K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09410−0.002%$313K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09406−0.038%$18.5M$111.5M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09416+0.064%$8.2M$22.2M25xas long as short
OKX ZAMA-USDT-SWAPshort+0.0100%4h0.09413+0.032%$5.4M$79.6M20x
Gate ZAMA_USDT+0.0100%4h0.09414+0.043%$971K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09407−0.032%$2.8M$4.0M50xas long as short
KuCoin ZAMAUSDTMlong+0.0100%4h0.09410long leg$875K$1.1M50x
Bitget ZAMAUSDT+0.0100%4h0.09413+0.032%$4.9M$10.9M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09414+0.043%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09370−0.427%$1.1M$580Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09409−0.011%$733K20xas long as short
edgeX ZAMAUSDC+0.0112%4h0.09364−0.491%$6K$453K10xas long as short