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+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against OKX−0.101%113s7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.725% 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)−0.174%−$17 · spread now −0.101%, 7d avg −0.154%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.053% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.154%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZAMA-USDT-SWAP0.098660.0100pay 0.0050% / 4h2h 03m$5.7M$89.7M20x
ShortBloFin ZAMA-USDT0.098560.0146get 0.0073% / 4h2h 03m$839K$514K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$9.64
Price spread: −0.101% → −0.154%
$5.3
Slippage, 4 orders
−$50.48
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$57.54
Costs to cover
0.725%
Break-even
48.8 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 23 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, 6 min ago0.51 bp18.7 bp −$1996.5 bp −$965doesn't fitdoesn't fit
Sell BloFin live order book, 23 min ago3.66 bp16.9 bp −$1749.9 bp −$499doesn'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+0.0100%4h0.09858−0.081%$331K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09867+0.014%$19.7M$120.1M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09872+0.061%$8.7M$23.4M25xas long as short
OKX ZAMA-USDT-SWAPlong+0.0100%4h0.09866long leg$5.7M$89.7M20x
Gate ZAMA_USDT+0.0100%4h0.09863−0.030%$1.0M$6.0M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09865−0.010%$2.9M$4.2M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09861−0.051%$906K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09883+0.172%$5.1M$12.3M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09870+0.041%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09871+0.048%$1.1M$579Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09862−0.041%$732K20xas long as short
edgeX ZAMAUSDC+0.0106%4h0.09863−0.035%$6K$456K10xas long as short
BloFin ZAMA-USDTshort+0.0146%4h0.09856−0.101%$839K$514K50x