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+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.081%
Price spread now: edgeX against Gate+0.236%97s7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1281.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.178%+$18 on $10k
Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.236%, 7d avg +0.080%
Together, before fees+0.163%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.156% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.080%. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZAMA_USDT0.097170.0100pay 0.0050% / 4h3h 59m$986K$6.9M50x
ShortedgeX ZAMAUSDC0.097400.0113get 0.0056% / 4h3h 59m$5K$455K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$2.64
Price spread: +0.236% → +0.080%
$15.62
Slippage, 4 orders
−$104.42
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$110.16
Costs to cover
1.284%
Break-even
298.9 days
Slippage from Gate: live order book, 4 min ago; edgeX: live order book, 59 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, 4 min ago5.14 bp51.7 bp −$52194.8 bp −$1,948doesn't fitdoesn't fit
Sell edgeX live order book, 59 min ago8.94 bp17.5 bp −$18doesn'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−0.0088%4h0.09725+0.078%$419K$2.0M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09724+0.072%$19.3M$130.3M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09727+0.103%$8.3M$25.3M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09726+0.093%$5.6M$95.8M20xas long as short
Gate ZAMA_USDTlong+0.0100%4h0.09717long leg$986K$6.9M50x
MEXC ZAMA_USDT+0.0100%4h0.09722+0.051%$2.7M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09723+0.062%$861K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09729+0.123%$5.0M$14.3M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09727+0.103%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09744+0.276%$1.1M$598Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09733+0.165%$740K20xas long as short
edgeX ZAMAUSDCshort+0.0113%4h0.09740+0.236%$5K$455K10x
BloFin ZAMA-USDT+0.0120%4h0.09741+0.247%$854K$547K50xas long as short