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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h −0.001%
Price spread now: edgeX against BloFin−0.342%7-day average +0.235% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$630.633% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 3 days (all we have)+0.267%+$27 · spread now −0.342%, 7d avg +0.235%
Together, before fees+0.057%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.577% cheaper against BloFin than usual: you would sell low and buy high (spread −0.342% now, against its 7-day average of +0.235%). If the spread goes back, that is −$58 on $10k: about 40 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.210%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZAMA-USDT0.091590.0055pay 0.0027% / 4h1h 26m$793K$565K50x
ShortedgeX ZAMAUSDC0.091280.0103get 0.0052% / 4h1h 26m$5K$441K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$10.15
Price spread: −0.342% → +0.235%
−$57.7
Slippage, 4 orders
−$42.28
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$110.84
Costs to cover
0.633%
Break-even
83.4 days
Slippage from BloFin: live order book, 55 min ago; edgeX: live order book, 57 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, 55 min ago1.67 bp17.4 bp −$1739.9 bp −$399doesn't fitdoesn't fit
Sell edgeX live order book, 57 min ago6.67 bp12.7 bp −$13doesn'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−0.0512%4h0.091590.000%$902K$7.4M50xas long as short
Aster ZAMAUSDT−0.0438%4h0.09157−0.025%$222K$1.9M20xas long as short
BloFin ZAMA-USDTlong+0.0055%4h0.09159long leg$793K$565K50x
Binance ZAMAUSDT+0.0100%4h0.09164+0.055%$18.0M$138.7M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09171+0.131%$7.6M$26.5M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09168+0.098%$5.3M$96.0M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09166+0.076%$2.6M$4.6M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09163+0.044%$841K$1.6M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09169+0.109%$4.8M$14.8M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09168+0.098%$2.5Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09130−0.313%$947K$445Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09167+0.087%$699K20xas long as short
edgeX ZAMAUSDCshort+0.0103%4h0.09128−0.342%$5K$441K10x