Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against OKX+0.086%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$880.876% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 7 days−0.194%−$19 · spread now +0.086%, 7d avg −0.002%

Together, before fees−0.143%−$14 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: Bitget is 0.088% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZAMA-USDT-SWAP	0.09290	0.0100	pay 0.0050% / 4h	1h 52m	$5.3M	$68.1M	20x
Short	Bitget ZAMAUSDT	0.09298	0.0100	get 0.0050% / 4h	1h 52m	$4.8M	$9.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → −0.002%: $8.79
Slippage, 4 orders: −$65.58
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$78.79
Costs to cover: 0.876%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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 OKX live order book, 4 min ago	0.54 bp	19.5 bp −$19	121.3 bp −$1,213	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	5.38 bp	26.1 bp −$26	66.9 bp −$669	doesn't fit	doesn't fit

ZAMA on 14 exchanges

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
Gate ZAMA_USDT	+0.0006%	4h	0.09294	+0.043%	$1.0M	$4.7M	50x	as long as short
BloFin ZAMA-USDT	+0.0064%	4h	0.09289	−0.011%	$822K	$445K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09287	−0.032%	$307K	$1.6M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09296	+0.065%	$18.6M	$95.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09293	+0.032%	$8.3M	$18.9M	25x	as long as short
OKX ZAMA-USDT-SWAPlong	+0.0100%	4h	0.09290	long leg	$5.3M	$68.1M	20x
MEXC ZAMA_USDT	+0.0100%	4h	0.09294	+0.043%	$3.1M	$3.3M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09295	+0.054%	$894K	$1.0M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09298	+0.086%	$4.8M	$9.3M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09293	+0.032%	—	$2.1M	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09280	−0.106%	$1.1M	$637K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09565	+2.960%	—	$717K	20x	as long as short
Phemex ZAMAUSDT	+0.0100%	4h	0.09297	+0.075%	$59K	$162K	20x	as long as short
edgeX ZAMAUSDC	+0.0111%	4h	0.09291	+0.014%	$6K	$452K	10x	as long as short