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 0.000%
Price spread now: OKX against KuCoin+0.053%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1811.813% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.053%, 7d avg −0.056%
Together, before fees−0.135%−$13 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 0.109% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZAMAUSDTM0.094740.0100pay 0.0050% / 4h2h 35m$827K$1.5M50x
ShortOKX ZAMA-USDT-SWAP0.094790.0100get 0.0050% / 4h2h 35m$5.5M$97.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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: +0.053% → −0.056%
$10.9
Slippage, 4 orders
−$159.26
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$170.36
Costs to cover
1.813%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago8.00 bp58.4 bp −$58206.4 bp −$2,064doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.53 bp19.6 bp −$20148.9 bp −$1,489doesn'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−0.0640%4h0.09479+0.053%$933K$7.1M50xas long as short
Aster ZAMAUSDT+0.0084%4h0.09487+0.137%$230K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09479+0.053%$18.6M$134.8M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09484+0.106%$7.8M$25.9M25xas long as short
OKX ZAMA-USDT-SWAPshort+0.0100%4h0.09479+0.053%$5.5M$97.0M20x
MEXC ZAMA_USDT+0.0100%4h0.094740.000%$2.8M$4.5M50xas long as short
KuCoin ZAMAUSDTMlong+0.0100%4h0.09474long leg$827K$1.5M50x
Bitget ZAMAUSDT+0.0100%4h0.09489+0.158%$5.0M$14.5M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09482+0.084%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09495+0.222%$999K$475Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09484+0.106%$719K20xas long as short
edgeX ZAMAUSDC+0.0111%4h0.09446−0.293%$5K$447K10xas long as short
BloFin ZAMA-USDT+0.0116%4h0.09399−0.792%$827K$590K50xas long as short