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+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.074%
Price spread now: edgeX against Gate−0.120%52s7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1091.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.188%+$19 on $10k
Price spread, last 4 days (all we have)+1.564%+$156 · spread now −0.120%, 7d avg +0.076%
Together, before fees+1.752%+ Points / potential airdropedgeX: Active · farm board+$175 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.196% cheaper against Gate than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of +0.076%). If the spread goes back, that is −$20 on $10k: about 40 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.188% in total) that is about 7.3 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZAMA_USDT0.093580.0100pay 0.0050% / 4h12m 42s$962K$5.6M50x
ShortedgeX ZAMAUSDC0.093470.0116get 0.0058% / 4h12m 42s$6K$457K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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
$3.46
Price spread: −0.120% → +0.076%
−$19.59
Slippage, 4 orders
−$85.2
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$125.33
Costs to cover
1.092%
Break-even
260.8 days
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 26 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 Gate live order book, 1 min ago3.21 bp42.5 bp −$42169.6 bp −$1,696doesn't fitdoesn't fit
Sell edgeX live order book, 26 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
BloFin ZAMA-USDT+0.0074%4h0.09346−0.128%$819K$483K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09340−0.192%$309K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09349−0.097%$18.4M$111.8M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09363+0.053%$8.2M$22.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.093580.000%$5.4M$79.2M20xas long as short
Gate ZAMA_USDTlong+0.0100%4h0.09358long leg$962K$5.6M50x
MEXC ZAMA_USDT+0.0100%4h0.09357−0.011%$2.8M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09343−0.160%$868K$1.1M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09354−0.043%$4.8M$10.9M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09355−0.032%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09355−0.032%$1.1M$580Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09335−0.246%$733K20xas long as short
edgeX ZAMAUSDCshort+0.0116%4h0.09347−0.120%$6K$457K10x