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−0.0224%/8h= −24.6% APRnext payment $1.12 per $10,000 · paid last 24h −0.065%
Price spread now: Gate against edgeX−0.500%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.191%−$19 on $10k
Price spread, last 4 days (all we have)−0.228%−$23 · spread now −0.500%, 7d avg −0.075%
Together, before fees−0.419%+ Points / potential airdropedgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.426% cheaper against edgeX than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZAMAUSDC0.095500.0106pay 0.0053% / 4h3h 39m$6K$453K10x
ShortGate ZAMA_USDT0.09502−0.0118pay 0.0059% / 4h3h 39m$1.0M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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
−$47.09
Price spread: −0.500% → −0.075%
−$42.58
Slippage, 4 orders
−$107.63
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$221.29
Costs to cover
1.316%
Break-even
never at this rate
Slippage from edgeX: live order book, 59 min ago; Gate: live order book, 4 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 edgeX live order book, 59 min ago6.38 bp14.3 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago3.66 bp53.9 bp −$54224.8 bp −$2,248doesn'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_USDTshort−0.0118%4h0.09502−0.500%$1.0M$5.5M50x
BloFin ZAMA-USDT+0.0085%4h0.09519−0.322%$795K$492K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09510−0.415%$315K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09504−0.475%$19.0M$112.8M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09497−0.553%$8.4M$22.6M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09493−0.595%$5.3M$81.2M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09504−0.480%$2.9M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09506−0.459%$874K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09496−0.563%$4.9M$11.1M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09502−0.500%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09545−0.051%$1.1M$587Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09501−0.511%$750K20xas long as short
edgeX ZAMAUSDClong+0.0106%4h0.09550long leg$6K$453K10x