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

ZAMA

all ZAMA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against OKX−0.592%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$620.625% 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)+0.372%+$37 · spread now −0.592%, 7d avg −0.152%
Together, before fees+0.626%+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.440% cheaper against OKX than usual: you would sell low and buy high (spread −0.592% now, against its 7-day average of −0.152%). If the spread goes back, that is −$44 on $10k: about 33 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.254% in total) that is about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZAMA-USDT-SWAP0.096260.0100pay 0.0050% / 4h1h 26m$5.5M$84.4M20x
ShortBloFin ZAMA-USDT0.095690.0145get 0.0072% / 4h1h 26m$841K$508K50x

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
$9.37
Price spread: −0.592% → −0.152%
−$44.01
Slippage, 4 orders
−$40.48
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$97.12
Costs to cover
0.625%
Break-even
79.5 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 60 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, 2 min ago0.52 bp14.2 bp −$14106.2 bp −$1,062doesn't fitdoesn't fit
Sell BloFin live order book, 60 min ago3.66 bp16.9 bp −$1749.9 bp −$499doesn'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%4h0.09568−0.602%$318K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09575−0.525%$19.0M$115.3M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09621−0.052%$8.3M$22.6M25xas long as short
OKX ZAMA-USDT-SWAPlong+0.0100%4h0.09626long leg$5.5M$84.4M20x
Gate ZAMA_USDT+0.0100%4h0.09597−0.301%$982K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09613−0.135%$2.9M$4.2M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09569−0.592%$867K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09635+0.093%$5.0M$11.5M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09628+0.021%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09556−0.729%$1.1M$577Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09564−0.644%$728K20xas long as short
edgeX ZAMAUSDC+0.0102%4h0.09554−0.748%$5K$454K10xas long as short
BloFin ZAMA-USDTshort+0.0145%4h0.09569−0.592%$841K$508K50x