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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: edgeX against Bitget−0.283%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$710.706% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 3 days (all we have)+0.378%+$38 · spread now −0.283%, 7d avg +0.057%
Together, before fees+0.365%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.340% cheaper against Bitget than usual: you would sell low and buy high (spread −0.283% now, against its 7-day average of +0.057%). If the spread goes back, that is −$34 on $10k: about 4 months of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZAMAUSDT0.096260.0100pay 0.0050% / 4h3h 15m$5.0M$14.6M20x
ShortedgeX ZAMAUSDC0.095990.0110get 0.0055% / 4h3h 15m$5K$447K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$2.03
Price spread: −0.283% → +0.057%
−$33.98
Slippage, 4 orders
−$49.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$102.51
Costs to cover
0.706%
Break-even
360.0 days
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 58 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, 3 min ago2.61 bp21.3 bp −$2164.3 bp −$643doesn't fitdoesn't fit
Sell edgeX live order book, 58 min ago5.83 bp11.7 bp −$12doesn't fitdoesn'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−0.0440%4h0.09616−0.104%$945K$7.3M50xas long as short
BloFin ZAMA-USDT+0.0061%4h0.09597−0.301%$835K$586K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09619−0.070%$233K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09620−0.062%$19.2M$135.3M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09624−0.021%$8.0M$26.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09621−0.052%$5.6M$99.3M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09617−0.093%$2.9M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09624−0.021%$873K$1.5M50xas long as short
Bitget ZAMAUSDTlong+0.0100%4h0.09626long leg$5.0M$14.6M20x
BingX ZAMA-USDT+0.0100%4h0.09618−0.083%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09607−0.197%$1.0M$459Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09623−0.031%$712K20xas long as short
edgeX ZAMAUSDCshort+0.0110%4h0.09599−0.283%$5K$447K10x