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+0.0013%/8h= +1.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against BloFin−0.417%7-day average +0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$770.767% 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)+0.655%+$66 · spread now −0.417%, 7d avg +0.153%
Together, before fees+0.401%+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.570% cheaper against BloFin than usual: you would sell low and buy high (spread −0.417% now, against its 7-day average of +0.153%). If the spread goes back, that is −$57 on $10k: about 5 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.254%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZAMA-USDT0.095870.0087pay 0.0043% / 4h3h 16m$842K$499K50x
ShortOKX ZAMA-USDT-SWAP0.095470.0100get 0.0050% / 4h3h 16m$5.5M$89.7M20x

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
$2.77
Price spread: −0.417% → +0.153%
−$57.02
Slippage, 4 orders
−$54.67
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$130.93
Costs to cover
0.767%
Break-even
337.9 days
Slippage from BloFin: live order book, 15 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 15 min ago6.72 bp17.2 bp −$1737.0 bp −$370doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.52 bp22.7 bp −$2386.2 bp −$862doesn'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−0.0090%4h0.09562−0.261%$413K$1.9M20xas long as short
BloFin ZAMA-USDTlong+0.0087%4h0.09587long leg$842K$499K50x
Binance ZAMAUSDT+0.0100%4h0.09546−0.427%$18.9M$124.1M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09550−0.386%$8.2M$24.2M25xas long as short
OKX ZAMA-USDT-SWAPshort+0.0100%4h0.09547−0.417%$5.5M$89.7M20x
Gate ZAMA_USDT+0.0100%4h0.09581−0.063%$970K$6.2M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09570−0.177%$2.7M$4.4M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09582−0.052%$866K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09546−0.428%$4.9M$13.7M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09573−0.146%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09561−0.273%$1.1M$595Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09593+0.063%$728K20xas long as short
edgeX ZAMAUSDC+0.0101%4h0.09557−0.316%$5K$454K10xas long as short