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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against BloFin+0.535%63s7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.795% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.254%−$25 on $10k
Price spread, last 4 days (all we have)−0.314%−$31 · spread now +0.535%, 7d avg +0.148%
Together, before fees−0.568%−$57 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 0.387% dearer against BloFin than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of +0.148%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZAMA-USDT0.093460.0103pay 0.0052% / 4h10m 09s$819K$483K50x
ShortOKX ZAMA-USDT-SWAP0.093960.0100get 0.0050% / 4h10m 09s$5.4M$79.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
−$0.67
Price spread: +0.535% → +0.148%
$38.66
Slippage, 4 orders
−$57.48
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$41.49
Costs to cover
0.795%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; OKX: 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 BloFin live order book, 7 min ago2.14 bp16.9 bp −$1750.4 bp −$504doesn't fitdoesn't fit
Sell OKX live order book, 4 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
Aster ZAMAUSDT+0.0100%4h0.09386+0.429%$312K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09401+0.591%$18.5M$111.6M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09403+0.610%$8.2M$22.2M25xas long as short
OKX ZAMA-USDT-SWAPshort+0.0100%4h0.09396+0.535%$5.4M$79.4M20x
Gate ZAMA_USDT+0.0100%4h0.09393+0.503%$969K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09400+0.578%$2.8M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09391+0.481%$873K$1.1M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09399+0.567%$4.8M$10.9M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09395+0.524%$2.3Mas long as short
Variational Omni ZAMA+0.0100%4h0.09370+0.255%$1.1M$580Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09396+0.535%$733K20xas long as short
BloFin ZAMA-USDTlong+0.0103%4h0.09346long leg$819K$483K50x
edgeX ZAMAUSDC+0.0116%4h0.09347+0.009%$6K$457K10xas long as short