Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

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: OKX against Bitget−0.055%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$850.855% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days+0.076%+$8 · spread now −0.055%, 7d avg +0.008%

Together, before fees+0.006%+$1 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 0.063% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.09108	0.0100	pay 0.0050% / 4h	1h 49m	$4.8M	$14.8M	20x
Short	OKX ZAMA-USDT-SWAP	0.09103	0.0100	get 0.0050% / 4h	1h 49m	$5.2M	$95.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → +0.008%: −$6.27
Slippage, 4 orders: −$63.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$91.72
Costs to cover: 0.855%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 5 min ago.

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 Bitget live order book, 4 min ago	4.99 bp	16.3 bp −$16	56.4 bp −$564	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.55 bp	21.9 bp −$22	120.6 bp −$1,206	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
Gate ZAMA_USDT	−0.0662%	4h	0.09108	0.000%	$876K	$7.3M	50x	as long as short
Aster ZAMAUSDT	−0.0546%	4h	0.09111	+0.030%	$215K	$1.9M	20x	as long as short
MEXC ZAMA_USDT	+0.0060%	4h	0.09113	+0.055%	$2.6M	$4.6M	50x	as long as short
Binance ZAMAUSDT	+0.0065%	4h	0.09114	+0.066%	$17.7M	$138.6M	50x	as long as short
BloFin ZAMA-USDT	+0.0067%	4h	0.09113	+0.055%	$776K	$565K	50x	as long as short
edgeX ZAMAUSDC	+0.0071%	4h	0.09050	−0.633%	$5K	$443K	10x	as long as short
KuCoin ZAMAUSDTM	+0.0090%	4h	0.09098	−0.110%	$815K	$1.7M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09120	+0.132%	$7.6M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAPshort	+0.0100%	4h	0.09103	−0.055%	$5.2M	$95.3M	20x
Bitget ZAMAUSDTlong	+0.0100%	4h	0.09108	long leg	$4.8M	$14.8M	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZAMA-USDT	+0.0100%	4h	0.09104	−0.044%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09056	−0.574%	$937K	$445K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09087	−0.231%	—	$695K	20x	as long as short