Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

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 SunX−0.063%7-day average −0.016% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.063%, 7d avg −0.016%

Together, before fees−0.119%−$12 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 0.047% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZAMA-USDT	0.09566	0.0100	pay 0.0050% / 4h	1h 33m	—	$728K	20x
Short	OKX ZAMA-USDT-SWAP	0.09560	0.0100	get 0.0050% / 4h	1h 33m	$5.5M	$84.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee OKXbpOrdersPrice spread, now −0.063%Rate

Funding earned: $0
Price spread: −0.063% → −0.016%: −$4.66
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$22.66
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 28 min ago; OKX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 28 min ago	500.66 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.52 bp	24.0 bp −$24	125.3 bp −$1,253	doesn't fit	doesn't fit

ZAMA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZAMAUSDT	+0.0100%	4h	0.09556	−0.106%	$318K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09556	−0.101%	$19.0M	$116.2M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09560	−0.063%	$8.3M	$22.8M	25x	as long as short
OKX ZAMA-USDT-SWAPshort	+0.0100%	4h	0.09560	−0.063%	$5.5M	$84.4M	20x
Gate ZAMA_USDT	+0.0100%	4h	0.09557	−0.094%	$973K	$5.6M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09556	−0.105%	$2.9M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09558	−0.084%	$868K	$1.2M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09567	+0.010%	$4.9M	$11.7M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09558	−0.084%	—	$2.4M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09570	+0.040%	$1.1M	$576K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDTlong	+0.0100%	4h	0.09566	long leg	—	$728K	20x
BloFin ZAMA-USDT	+0.0111%	4h	0.09558	−0.084%	$844K	$511K	50x	as long as short
edgeX ZAMAUSDC	+0.0112%	4h	0.09618	+0.546%	$6K	$456K	10x	as long as short