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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.033%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$720.723% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 7 days−0.030%−$3 · spread now +0.033%, 7d avg −0.013%
Together, before fees+0.094%+$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: BingX is 0.047% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZAMA-USDT-SWAP0.090010.0100pay 0.0050% / 4h2h 25m$5.1M$94.2M20x
ShortBingX ZAMA-USDT0.090040.0100get 0.0050% / 4h2h 25m$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: +0.033% → −0.013%
$4.66
Slippage, 4 orders
−$52.26
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$67.6
Costs to cover
0.723%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 4 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 OKX live order book, 3 min ago1.11 bp29.2 bp −$29186.2 bp −$1,862doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago2.77 bp14.1 bp −$1449.7 bp −$497176.7 bp −$17.7Kdoesn'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
Gate ZAMA_USDT−0.0974%4h0.09000−0.011%$859K$7.4M50xas long as short
Aster ZAMAUSDT−0.0677%4h0.09013+0.132%$217K$1.9M20xas long as short
BloFin ZAMA-USDT−0.0053%4h0.09003+0.022%$774K$562K50xas long as short
MEXC ZAMA_USDT−0.0018%4h0.09004+0.033%$2.5M$4.7M50xas long as short
Binance ZAMAUSDT−0.0017%4h0.08998−0.033%$17.5M$139.5M50xas long as short
edgeX ZAMAUSDC−0.0016%4h0.09022+0.231%$5K$445K10xas long as short
KuCoin ZAMAUSDTM+0.0056%4h0.090010.000%$782K$1.7M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09011+0.111%$7.6M$26.5M25xas long as short
OKX ZAMA-USDT-SWAPlong+0.0100%4h0.09001long leg$5.1M$94.2M20x
Bitget ZAMAUSDT+0.0100%4h0.09008+0.078%$4.7M$14.7M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZAMA-USDTshort+0.0100%4h0.09004+0.033%$2.5M
Variational Omni ZAMA+0.0100%4h0.09033+0.357%$956K$424Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09014+0.144%$689K20xas long as short