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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bitget−0.032%45s7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$900.899% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.207%+$21 on $10k
Price spread, last 4 days (all we have)−0.666%−$67 · spread now −0.032%, 7d avg −0.161%
Together, before fees−0.459%−$46 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: BloFin is 0.129% dearer against Bitget than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.161%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZAMAUSDT0.093960.0100pay 0.0050% / 4h3h 22m$4.9M$10.8M20x
ShortBloFin ZAMA-USDT0.093930.0104get 0.0052% / 4h3h 22m$838K$489K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$0.78
Price spread: −0.032% → −0.161%
$12.9
Slippage, 4 orders
−$65.88
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$76.19
Costs to cover
0.899%
Break-even
690.4 days
Slippage from Bitget: live order book, 6 min ago; BloFin: live order book, 54 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 Bitget live order book, 6 min ago6.44 bp21.8 bp −$2263.1 bp −$631doesn't fitdoesn't fit
Sell BloFin live order book, 54 min ago2.14 bp24.5 bp −$2449.9 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
Gate ZAMA_USDT−0.0322%4h0.09389−0.074%$948K$5.6M50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09388−0.086%$311K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09391−0.053%$18.7M$110.6M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.093960.000%$8.3M$22.1M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09390−0.064%$5.2M$79.2M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09399+0.032%$2.9M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09395−0.011%$867K$1.1M50xas long as short
Bitget ZAMAUSDTlong+0.0100%4h0.09396long leg$4.9M$10.8M20x
BingX ZAMA-USDT+0.0100%4h0.093960.000%$2.3Mas long as short
Variational Omni ZAMA+0.0100%4h0.09260−1.451%$1.1M$588Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09477+0.862%$747K20xas long as short
BloFin ZAMA-USDTshort+0.0104%4h0.09393−0.032%$838K$489K50x
edgeX ZAMAUSDC+0.0114%4h0.09312−0.892%$6K$454K10xas long as short