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+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against Bitget+0.182%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$950.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+1.228%+$123 · spread now +0.182%, 7d avg +0.064%
Together, before fees+1.224%+ Points / potential airdropedgeX: Active · farm board+$122 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 0.119% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZAMAUSDT0.093430.0100pay 0.0050% / 4h15m 22s$4.8M$10.9M20x
ShortedgeX ZAMAUSDC0.093600.0112get 0.0056% / 4h15m 22s$6K$456K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$2.54
Price spread: +0.182% → +0.064%
$11.86
Slippage, 4 orders
−$74.2
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$80.8
Costs to cover
0.952%
Break-even
229.6 days
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 23 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, 3 min ago3.73 bp30.4 bp −$30120.0 bp −$1,200doesn't fitdoesn't fit
Sell edgeX live order book, 23 min ago6.38 bp12.4 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
Aster ZAMAUSDT+0.0100%4h0.09340−0.032%$309K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09347+0.041%$18.4M$111.9M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09351+0.086%$8.1M$22.3M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09351+0.086%$5.4M$79.3M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09346+0.032%$961K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09347+0.043%$2.7M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09347+0.043%$868K$1.1M50xas long as short
Bitget ZAMAUSDTlong+0.0100%4h0.09343long leg$4.8M$10.9M20x
BingX ZAMA-USDT+0.0100%4h0.09351+0.086%$2.3Mas long as short
Variational Omni ZAMA+0.0100%4h0.09355+0.129%$1.1M$580Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09354+0.118%$733K20xas long as short
edgeX ZAMAUSDCshort+0.0112%4h0.09360+0.182%$6K$456K10x
BloFin ZAMA-USDT+0.0135%4h0.09382+0.417%$819K$485K50xas long as short