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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.077%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$710.710% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 7 days−0.077%−$8 · spread now +0.077%, 7d avg −0.013%
Together, before fees+0.046%+$5 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: BingX is 0.090% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZAMA-USDT-SWAP0.091090.0100pay 0.0050% / 4h1h 48m$5.2M$95.3M20x
ShortBingX ZAMA-USDT0.091160.0100get 0.0050% / 4h1h 48m$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.077% → −0.013%
$9.01
Slippage, 4 orders
−$50.99
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$61.98
Costs to cover
0.710%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 1 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, 5 min ago0.55 bp20.8 bp −$21121.6 bp −$1,216doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago1.65 bp9.8 bp −$1037.5 bp −$375210.1 bp −$21.0Kdoesn'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−0.0662%4h0.091090.000%$876K$7.3M50xas long as short
Aster ZAMAUSDT−0.0546%4h0.09112+0.033%$215K$1.9M20xas long as short
MEXC ZAMA_USDT+0.0060%4h0.09114+0.055%$2.6M$4.6M50xas long as short
Binance ZAMAUSDT+0.0065%4h0.09115+0.066%$17.7M$138.6M50xas long as short
BloFin ZAMA-USDT+0.0067%4h0.09113+0.044%$776K$565K50xas long as short
edgeX ZAMAUSDC+0.0071%4h0.09050−0.643%$5K$443K10xas long as short
KuCoin ZAMAUSDTM+0.0090%4h0.091090.000%$816K$1.7M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09120+0.121%$7.6M$26.5M25xas long as short
OKX ZAMA-USDT-SWAPlong+0.0100%4h0.09109long leg$5.2M$95.3M20x
Bitget ZAMAUSDT+0.0100%4h0.09119+0.110%$4.8M$14.8M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZAMA-USDTshort+0.0100%4h0.09116+0.077%$2.5M
Variational Omni ZAMA+0.0100%4h0.09056−0.585%$937K$445Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09087−0.242%$695K20xas long as short