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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.06 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against edgeX−0.256%83s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$843as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$8428.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−1.086%−$109 · spread now −0.256%, 7d avg −0.024%
Together, before fees−1.092%+ Points / potential airdropedgeX: Active · farm board−$109 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.233% cheaper against edgeX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.024%). Swap the legs. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZAMAUSDC0.094220.0112pay 0.0056% / 4h20m 05s$6K$455K10x
ShortKuCoin ZAMAUSDTM0.093980.0100get 0.0050% / 4h20m 05s$870K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$2.55
Price spread: −0.256% → −0.024%
−$23.29
Slippage, 4 orders
−$820.9
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$867.74
Costs to cover
8.419%
Break-even
never at this rate
Slippage from edgeX: live order book, 18 min ago; KuCoin: 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 edgeX live order book, 18 min ago6.38 bp14.3 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago9.02 bp389.4 bp −$389doesn'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
Aster ZAMAUSDT+0.0100%4h0.09386−0.383%$310K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09381−0.437%$18.5M$112.1M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09385−0.394%$8.2M$22.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09384−0.405%$5.4M$79.6M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09382−0.426%$965K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09383−0.416%$2.8M$4.0M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09398−0.256%$870K$1.1M50x
Bitget ZAMAUSDT+0.0100%4h0.09378−0.469%$4.8M$11.0M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09386−0.384%$2.3Mas long as short
Variational Omni ZAMA+0.0100%4h0.09418−0.040%$1.1M$580Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09409−0.140%$731K20xas long as short
BloFin ZAMA-USDT+0.0101%4h0.09415−0.076%$819K$487K50xas long as short
edgeX ZAMAUSDClong+0.0112%4h0.09422long leg$6K$455K10x