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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against OKX+0.171%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 7 days−0.244%−$24 · spread now +0.171%, 7d avg −0.029%
Together, before fees−0.204%−$20 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: Binance is 0.200% dearer against OKX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZAMA-USDT-SWAP0.099400.0100pay 0.0050% / 4h39m 28s$5.9M$99.4M20x
ShortBinance ZAMAUSDT0.099570.0100get 0.0050% / 4h39m 28s$19.9M$133.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.171% → −0.029%
$20.01
Slippage, 4 orders
−$55.2
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$55.19
Costs to cover
0.752%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: 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, 4 min ago1.00 bp20.1 bp −$20103.7 bp −$1,037doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.50 bp19.9 bp −$2055.4 bp −$554doesn'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
Gate ZAMA_USDT+0.0042%4h0.09950+0.101%$1.0M$6.8M50xas long as short
Aster ZAMAUSDT+0.0083%4h0.09977+0.372%$338K$2.0M20xas long as short
Binance ZAMAUSDTshort+0.0100%4h0.09957+0.171%$19.9M$133.6M50x
Bybit ZAMAUSDT+0.0100%4h0.09950+0.101%$8.6M$25.6M25xas long as short
OKX ZAMA-USDT-SWAPlong+0.0100%4h0.09940long leg$5.9M$99.4M20x
MEXC ZAMA_USDT+0.0100%4h0.09956+0.161%$2.8M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09973+0.332%$916K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09961+0.211%$5.2M$14.6M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09957+0.171%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.1002+0.831%$1.2M$598Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.1003+0.855%$739K20xas long as short
edgeX ZAMAUSDC+0.0110%4h0.09990+0.504%$5K$451K10xas long as short
BloFin ZAMA-USDT+0.0123%4h0.1002+0.805%$895K$607K50xas long as short