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 +0.088%
Price spread now: BloFin against Gate+0.249%93s7-day average −0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1221.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.394%+$39 on $10k
Price spread, last 4 days (all we have)−0.582%−$58 · spread now +0.249%, 7d avg −0.155%
Together, before fees−0.187%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.405% dearer against Gate than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.155%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZAMA_USDT0.10030.0056pay 0.0028% / 4h47m 35s$1.0M$6.7M50x
ShortBloFin ZAMA-USDT0.10060.0109get 0.0055% / 4h47m 35s$882K$610K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$11.19
Price spread: +0.249% → −0.155%
$40.46
Slippage, 4 orders
−$95.14
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$70.49
Costs to cover
1.221%
Break-even
51.1 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 54 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 Gate live order book, 1 min ago3.49 bp45.3 bp −$45184.8 bp −$1,848doesn't fitdoesn't fit
Sell BloFin live order book, 54 min ago7.48 bp21.9 bp −$2260.0 bp −$600doesn'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_USDTlong+0.0056%4h0.1003long leg$1.0M$6.7M50x
Aster ZAMAUSDT+0.0100%4h0.1000−0.319%$325K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.1002−0.079%$20.2M$133.5M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.1004+0.070%$8.7M$25.7M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.1002−0.140%$5.9M$100.5M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.1001−0.219%$2.9M$4.4M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.1001−0.189%$917K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.1004+0.080%$5.2M$14.6M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.1004+0.050%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.1012+0.840%$1.2M$598Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.1002−0.120%$736K20xas long as short
BloFin ZAMA-USDTshort+0.0109%4h0.1006+0.249%$882K$610K50x
edgeX ZAMAUSDC+0.0120%4h0.1005+0.154%$5K$453K10xas long as short