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+0.0035%/8h= +3.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Bitget+0.364%7-day average −0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$1161.156% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.655%−$65 · spread now +0.364%, 7d avg −0.161%
Together, before fees−0.445%−$44 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 0.525% dearer against Bitget than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of −0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZAMAUSDT0.093480.0100pay 0.0050% / 4h17m 08s$4.8M$11.0M20x
ShortBloFin ZAMA-USDT0.093820.0135get 0.0068% / 4h17m 08s$819K$485K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$7.37
Price spread: +0.364% → −0.161%
$52.48
Slippage, 4 orders
−$91.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$55.76
Costs to cover
1.156%
Break-even
60.0 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 65 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 Bitget live order book, 1 min ago3.73 bp30.4 bp −$30120.0 bp −$1,200doesn't fitdoesn't fit
Sell BloFin live order book, 65 min ago9.44 bp25.7 bp −$2654.6 bp −$546doesn'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%4h0.09342−0.069%$309K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09345−0.037%$18.4M$112.0M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09342−0.064%$8.1M$22.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09343−0.053%$5.4M$79.3M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09347−0.011%$961K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09346−0.021%$2.7M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09353+0.053%$869K$1.1M50xas long as short
Bitget ZAMAUSDTlong+0.0100%4h0.09348long leg$4.8M$11.0M20x
BingX ZAMA-USDT+0.0100%4h0.09345−0.032%$2.3Mas long as short
Variational Omni ZAMA+0.0100%4h0.09418+0.753%$1.1M$580Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09362+0.150%$732K20xas long as short
edgeX ZAMAUSDC+0.0116%4h0.09378+0.324%$6K$456K10xas long as short
BloFin ZAMA-USDTshort+0.0135%4h0.09382+0.364%$819K$485K50x