Settings8H · net · $10k
Funding arb · Price arb /

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against BloFin−0.214%80s7-day average +0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1461.456% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 4 days (all we have)+0.604%+$60 · spread now −0.214%, 7d avg +0.197%
Together, before fees+0.391%+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.411% cheaper against BloFin than usual: you would sell low and buy high (spread −0.214% now, against its 7-day average of +0.197%). If the spread goes back, that is −$41 on $10k: about 4 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZAMA-USDT0.093410.0090pay 0.0045% / 4h2h 03m$822K$453K50x
ShortKuCoin ZAMAUSDTM0.093210.0100get 0.0050% / 4h2h 03m$897K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$2.2
Price spread: −0.214% → +0.197%
−$41.08
Slippage, 4 orders
−$121.55
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$184.44
Costs to cover
1.456%
Break-even
594.2 days
Slippage from BloFin: live order book, 46 min ago; KuCoin: 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, 46 min ago0.54 bp21.2 bp −$2156.3 bp −$563doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago5.89 bp51.4 bp −$51165.6 bp −$1,656doesn't fitdoesn't fit

ZAMA on 14 exchanges

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−0.0088%4h0.09312−0.310%$1.0M$5.3M50xas long as short
BloFin ZAMA-USDTlong+0.0090%4h0.09341long leg$822K$453K50x
Aster ZAMAUSDT+0.0100%4h0.09326−0.164%$308K$1.6M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09320−0.225%$18.6M$98.2M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09317−0.257%$8.3M$19.6M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09317−0.257%$5.3M$70.3M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09320−0.225%$3.0M$3.8M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09321−0.214%$897K$1.0M50x
Bitget ZAMAUSDT+0.0100%4h0.09325−0.171%$4.8M$9.7M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09317−0.257%$2.2Mas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09340−0.007%$1.2M$643Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09608+2.858%$724K20xas long as short
Phemex ZAMAUSDT+0.0100%4h0.09328−0.139%$45K$135K20xas long as short
edgeX ZAMAUSDC+0.0112%4h0.09347+0.069%$6K$453K10xas long as short