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+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against KuCoin−0.073%50s7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1391.387% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.221%+$22 on $10k
Price spread, last 4 days (all we have)−0.217%−$22 · spread now −0.073%, 7d avg −0.206%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.133% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.206%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZAMAUSDTM0.095290.0100pay 0.0050% / 4h2h 30m$869K$1.2M50x
ShortBloFin ZAMA-USDT0.095220.0128get 0.0064% / 4h2h 30m$822K$490K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$5.87
Price spread: −0.073% → −0.206%
$13.28
Slippage, 4 orders
−$114.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$119.58
Costs to cover
1.387%
Break-even
149.6 days
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 61 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 KuCoin live order book, 10 min ago8.53 bp47.7 bp −$48154.3 bp −$1,543doesn't fitdoesn't fit
Sell BloFin live order book, 61 min ago6.72 bp16.6 bp −$1730.1 bp −$301doesn'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+0.0063%4h0.09523−0.066%$352K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09521−0.082%$18.7M$121.6M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09517−0.126%$8.2M$23.7M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09514−0.157%$5.4M$87.7M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09526−0.031%$981K$5.9M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09530+0.010%$2.8M$4.2M50xas long as short
KuCoin ZAMAUSDTMlong+0.0100%4h0.09529long leg$869K$1.2M50x
Bitget ZAMAUSDT+0.0100%4h0.09538+0.094%$4.9M$12.8M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09531+0.021%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09505−0.252%$1.1M$599Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09530+0.010%$732K20xas long as short
edgeX ZAMAUSDC+0.0108%4h0.09533+0.040%$5K$456K10xas long as short
BloFin ZAMA-USDTshort+0.0128%4h0.09522−0.073%$822K$490K50x