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+0.0019%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against OKX+0.481%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$690.686% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)−0.366%−$37 · spread now +0.481%, 7d avg +0.078%
Together, before fees−0.327%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.403% dearer against OKX than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZAMA-USDT-SWAP0.095330.0100pay 0.0050% / 4h3h 15m$5.5M$89.5M20x
ShortedgeX ZAMAUSDC0.095790.0119get 0.0059% / 4h3h 15m$5K$456K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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
$3.91
Price spread: +0.481% → +0.078%
$40.29
Slippage, 4 orders
−$49.61
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$24.41
Costs to cover
0.686%
Break-even
50.7 days
Slippage from OKX: live order book, 4 min ago; edgeX: live order book, 38 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 OKX live order book, 4 min ago0.52 bp20.1 bp −$20126.6 bp −$1,266doesn't fitdoesn't fit
Sell edgeX live order book, 38 min ago6.79 bp13.1 bp −$13doesn'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−0.0089%4h0.09532−0.013%$412K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09535+0.017%$18.8M$124.1M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09535+0.021%$8.2M$24.2M25xas long as short
OKX ZAMA-USDT-SWAPlong+0.0100%4h0.09533long leg$5.5M$89.5M20x
Gate ZAMA_USDT+0.0100%4h0.09539+0.063%$966K$6.2M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09537+0.042%$2.7M$4.4M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09532−0.010%$861K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09537+0.042%$4.9M$13.7M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09538+0.052%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09530−0.033%$1.1M$595Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09541+0.084%$729K20xas long as short
edgeX ZAMAUSDCshort+0.0119%4h0.09579+0.481%$5K$456K10x
BloFin ZAMA-USDT+0.0151%4h0.09543+0.105%$839K$497K50xas long as short