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+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: edgeX against KuCoin+0.666%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$1301.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 3 days (all we have)−0.532%−$53 · spread now +0.666%, 7d avg +0.011%
Together, before fees−0.519%+ Points / potential airdropedgeX: Active · farm board−$52 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.655% dearer against KuCoin than usual: you sell high and buy low, +$65 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZAMAUSDTM0.094690.0100pay 0.0050% / 4h3h 53m$860K$1.5M50x
ShortedgeX ZAMAUSDC0.095320.0105get 0.0052% / 4h3h 53m$5K$443K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0.96
Price spread: +0.666% → +0.011%
$65.48
Slippage, 4 orders
−$109.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$63.84
Costs to cover
1.303%
Break-even
473.6 days
Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 20 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, 3 min ago7.91 bp54.0 bp −$54192.0 bp −$1,920doesn't fitdoesn't fit
Sell edgeX live order book, 20 min ago5.83 bp11.7 bp −$12doesn'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
Gate ZAMA_USDT−0.0890%4h0.09468−0.011%$930K$7.2M50xas long as short
Aster ZAMAUSDT+0.0042%4h0.09472+0.027%$228K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09470+0.011%$18.9M$136.6M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09472+0.032%$7.9M$26.3M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09468−0.011%$5.5M$98.4M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09473+0.042%$3.0M$4.5M50xas long as short
KuCoin ZAMAUSDTMlong+0.0100%4h0.09469long leg$860K$1.5M50x
Bitget ZAMAUSDT+0.0100%4h0.09476+0.074%$5.0M$14.6M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.094690.000%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09572+1.090%$993K$447Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09502+0.349%$710K20xas long as short
edgeX ZAMAUSDCshort+0.0105%4h0.09532+0.666%$5K$443K10x
BloFin ZAMA-USDT+0.0111%4h0.09484+0.158%$823K$588K50xas long as short