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 +0.002%

Price spread now: OKX against Binance−0.030%7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$710.714% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 7 days+0.111%+$11 · spread now −0.030%, 7d avg +0.028%

Together, before fees+0.083%+$8 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 0.059% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZAMAUSDT	0.09841	0.0100	pay 0.0050% / 4h	2h 07m	$19.6M	$120.3M	50x
Short	OKX ZAMA-USDT-SWAP	0.09838	0.0100	get 0.0050% / 4h	2h 07m	$5.7M	$89.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → +0.028%: −$5.89
Slippage, 4 orders: −$51.36
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$77.25
Costs to cover: 0.714%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; OKX: live order book, 2 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 Binance live order book, 6 min ago	1.02 bp	14.4 bp −$14	51.5 bp −$515	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.51 bp	21.9 bp −$22	119.7 bp −$1,197	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
BloFin ZAMA-USDT	+0.0051%	4h	0.09875	+0.345%	$838K	$515K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09841	0.000%	$331K	$1.9M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09841	long leg	$19.6M	$120.3M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09842	+0.010%	$8.5M	$23.4M	25x	as long as short
OKX ZAMA-USDT-SWAPshort	+0.0100%	4h	0.09838	−0.030%	$5.7M	$89.6M	20x
Gate ZAMA_USDT	+0.0100%	4h	0.09864	+0.234%	$1.0M	$6.0M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09854	+0.132%	$2.9M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09874	+0.335%	$907K	$1.2M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09848	+0.071%	$5.1M	$12.4M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09848	+0.071%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09864	+0.231%	$1.1M	$580K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09876	+0.356%	—	$731K	20x	as long as short
edgeX ZAMAUSDC	+0.0109%	4h	0.09869	+0.282%	$6K	$454K	10x	as long as short