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+0.0053%/8h= +5.8% APRnext payment +$0.27 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin+0.105%7-day average +0.198% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$940.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.199%−$20 on $10k
Price spread, last 3 days (all we have)+0.175%+$17 · spread now +0.105%, 7d avg +0.198%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.093% cheaper against BloFin than usual: you would sell low and buy high (spread +0.105% now, against its 7-day average of +0.198%). If the spread goes back, that is −$9 on $10k: about 5.8 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.199%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZAMA-USDT0.095200.0047pay 0.0023% / 4h3h 39m$823K$587K50x
ShortBitget ZAMAUSDT0.095300.0100get 0.0050% / 4h3h 39m$5.0M$14.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$11.18
Price spread: +0.105% → +0.198%
−$9.32
Slippage, 4 orders
−$70.48
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$92.62
Costs to cover
0.945%
Break-even
65.0 days
Slippage from BloFin: live order book, 33 min ago; Bitget: live order book, 5 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 BloFin live order book, 33 min ago6.80 bp25.0 bp −$2554.0 bp −$540doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago5.76 bp25.9 bp −$2674.6 bp −$746doesn'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−0.0740%4h0.09516−0.042%$936K$7.2M50xas long as short
BloFin ZAMA-USDTlong+0.0047%4h0.09520long leg$823K$587K50x
Aster ZAMAUSDT+0.0070%4h0.09529+0.099%$231K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.095200.000%$19.0M$135.5M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09527+0.074%$7.9M$26.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09518−0.021%$5.5M$98.5M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09523+0.032%$2.9M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09527+0.074%$866K$1.5M50xas long as short
Bitget ZAMAUSDTshort+0.0100%4h0.09530+0.105%$5.0M$14.6M20x
BingX ZAMA-USDT+0.0100%4h0.09522+0.021%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09540+0.210%$994K$457Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09535+0.158%$711K20xas long as short
edgeX ZAMAUSDC+0.0103%4h0.09535+0.153%$5K$444K10xas long as short