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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.1% APRnext payment $0.10 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against edgeX+0.317%7-day average −0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$620.622% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)−1.003%−$100 · spread now +0.317%, 7d avg −0.099%
Together, before fees−0.937%+ Points / potential airdropedgeX: Active · farm board−$94 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.416% dearer against edgeX than usual: you sell high and buy low (spread +0.317% now, against its 7-day average of −0.099%): +$42 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZAMAUSDC0.10150.0120pay 0.0060% / 4h1h 29m$5K$451K10x
ShortBingX ZAMA-USDT0.10180.0100get 0.0050% / 4h1h 29m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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
−$4.12
Price spread: +0.317% → −0.099%
$41.62
Slippage, 4 orders
−$43.23
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$24.73
Costs to cover
0.622%
Break-even
never at this rate
Slippage from edgeX: live order book, 34 min ago; BingX: live order book, 5 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 edgeX live order book, 34 min ago7.29 bp13.7 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago2.96 bp18.8 bp −$1961.9 bp −$619246.4 bp −$24.6Kdoesn'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
Gate ZAMA_USDT−0.0122%4h0.1017+0.268%$1.0M$7.0M50xas long as short
BloFin ZAMA-USDT+0.0047%4h0.1014−0.077%$882K$621K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.1018+0.358%$329K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.1015−0.009%$20.4M$132.5M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.1016+0.100%$8.7M$25.4M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.1015−0.008%$6.0M$101.9M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.1015+0.021%$3.1M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.1021+0.573%$901K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.1015+0.011%$5.4M$14.4M20xas long as short
BingX ZAMA-USDTshort+0.0100%4h0.1018+0.317%$2.4M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.1018+0.341%$1.2M$597Kas long as short
SunX ZAMA-USDT+0.0100%4h0.1018+0.317%$727K20xas long as short
edgeX ZAMAUSDClong+0.0120%4h0.1015long leg$5K$451K10x