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+0.0046%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against BloFin−0.064%7-day average +0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$920.924% 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)+0.343%+$34 · spread now −0.064%, 7d avg +0.165%
Together, before fees+0.133%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.229% cheaper against BloFin than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.165%). If the spread goes back, that is −$23 on $10k: about 17 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.210%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZAMA-USDT0.094110.0054pay 0.0027% / 4h59m 14s$814K$498K50x
ShortBitget ZAMAUSDT0.094050.0100get 0.0050% / 4h59m 14s$4.8M$11.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$9.69
Price spread: −0.064% → +0.165%
−$22.88
Slippage, 4 orders
−$68.44
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$105.63
Costs to cover
0.924%
Break-even
83.3 days
Slippage from BloFin: live order book, 23 min ago; Bitget: live order book, 4 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 BloFin live order book, 23 min ago9.44 bp21.4 bp −$2151.5 bp −$515doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago6.40 bp22.5 bp −$2359.8 bp −$598doesn'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
BloFin ZAMA-USDTlong+0.0054%4h0.09411long leg$814K$498K50x
Aster ZAMAUSDT+0.0100%4h0.09406−0.055%$311K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09409−0.020%$18.5M$113.7M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09408−0.032%$8.2M$22.3M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09409−0.021%$5.4M$81.3M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09404−0.074%$953K$5.5M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09399−0.128%$2.7M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09402−0.096%$865K$1.2M50xas long as short
Bitget ZAMAUSDTshort+0.0100%4h0.09405−0.064%$4.8M$11.3M20x
BingX ZAMA-USDT+0.0100%4h0.09404−0.074%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09398−0.140%$1.1M$583Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09419+0.085%$729K20xas long as short
edgeX ZAMAUSDC+0.0119%4h0.09406−0.051%$6K$458K10xas long as short