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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0025%/8h= −2.8% APRnext payment $0.13 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against OKX+0.139%7-day average −0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$760.765% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.257%+$26 on $10k
Price spread, last 4 days (all we have)−0.738%−$74 · spread now +0.139%, 7d avg −0.148%
Together, before fees−0.480%−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.286% dearer against OKX than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of −0.148%): +$29 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 days. Mind the row above: over the last 7 days funding on this pair paid +0.257%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZAMA-USDT-SWAP0.093720.0100pay 0.0050% / 4h3h 02m$5.2M$77.9M20x
ShortBloFin ZAMA-USDT0.093850.0075get 0.0037% / 4h3h 02m$815K$477K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$5.32
Price spread: +0.139% → −0.148%
$28.62
Slippage, 4 orders
−$54.47
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$53.17
Costs to cover
0.765%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 9 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, 1 min ago0.53 bp17.0 bp −$17119.9 bp −$1,199doesn't fitdoesn't fit
Sell BloFin live order book, 9 min ago0.54 bp22.1 bp −$2242.3 bp −$423doesn't fitdoesn't fit

ZAMA on 14 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−0.0210%4h0.09393+0.224%$974K$5.7M50xas long as short
BloFin ZAMA-USDTshort+0.0075%4h0.09385+0.139%$815K$477K50x
Aster ZAMAUSDT+0.0100%4h0.09386+0.146%$310K$1.7M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09385+0.143%$18.8M$108.8M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09384+0.128%$8.3M$21.8M25xas long as short
OKX ZAMA-USDT-SWAPlong+0.0100%4h0.09372long leg$5.2M$77.9M20x
MEXC ZAMA_USDT+0.0100%4h0.09403+0.331%$2.9M$4.1M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09401+0.309%$881K$1.1M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09385+0.139%$4.9M$10.7M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09380+0.085%$2.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09401+0.309%$1.1M$583Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09602+2.454%$746K20xas long as short
Phemex ZAMAUSDT+0.0100%4h0.09389+0.181%$1K$14K20xas long as short
edgeX ZAMAUSDC+0.0109%4h0.09394+0.234%$6K$454K10xas long as short