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+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.003%
Price spread now: edgeX against Binance+0.499%100s7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.499%, 7d avg +0.077%
Together, before fees−0.327%+ Points / potential airdropedgeX: Active · farm board−$33 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 0.423% dearer against Binance than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.077%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZAMAUSDT0.095250.0100pay 0.0050% / 4h1h 19m$18.8M$115.2M50x
ShortedgeX ZAMAUSDC0.095730.0116get 0.0058% / 4h1h 19m$5K$455K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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
$3.31
Price spread: +0.499% → +0.077%
$42.25
Slippage, 4 orders
−$41.49
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$14.94
Costs to cover
0.605%
Break-even
38.6 days
Slippage from Binance: live order book, 8 min ago; edgeX: live order book, 24 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 Binance live order book, 8 min ago0.52 bp14.2 bp −$1434.0 bp −$340doesn't fitdoesn't fit
Sell edgeX live order book, 24 min ago6.27 bp15.2 bp −$15doesn'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%4h0.09519−0.068%$316K$1.9M20xas long as short
Binance ZAMAUSDTlong+0.0100%4h0.09525long leg$18.8M$115.2M50x
Bybit ZAMAUSDT+0.0100%4h0.09523−0.021%$8.3M$22.5M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.095250.000%$5.5M$83.3M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09522−0.031%$977K$5.7M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09522−0.031%$2.8M$4.2M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09522−0.031%$865K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.095250.000%$4.9M$11.5M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.095250.000%$2.3Mas long as short
Variational Omni ZAMA+0.0100%4h0.09533+0.082%$1.1M$582Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09518−0.073%$729K20xas long as short
BloFin ZAMA-USDT+0.0115%4h0.09535+0.105%$829K$506K50xas long as short
edgeX ZAMAUSDCshort+0.0116%4h0.09573+0.499%$5K$455K10x