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 +0.003%
Price spread now: edgeX against Binance+0.026%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$600.599% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+1.436%+$144 · spread now +0.026%, 7d avg +0.077%
Together, before fees+1.448%+ Points / potential airdropedgeX: Active · farm board+$145 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.051% cheaper against Binance than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.077%). If the spread goes back, that is −$5 on $10k: about 10 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.012% in total) that is about 31 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZAMAUSDT0.093440.0100pay 0.0050% / 4h12m 49s$18.4M$111.8M50x
ShortedgeX ZAMAUSDC0.093470.0116get 0.0058% / 4h12m 49s$6K$457K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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: +0.026% → +0.077%
−$5.09
Slippage, 4 orders
−$40.95
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$61.58
Costs to cover
0.599%
Break-even
131.7 days
Slippage from Binance: live order book, 15 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 Binance live order book, 15 min ago1.06 bp15.0 bp −$1554.2 bp −$542doesn'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+0.017%$819K$483K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09340−0.047%$309K$1.8M20xas long as short
Binance ZAMAUSDTlong+0.0100%4h0.09344long leg$18.4M$111.8M50x
Bybit ZAMAUSDT+0.0100%4h0.09349+0.049%$8.2M$22.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09345+0.006%$5.4M$79.1M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09342−0.026%$961K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09345+0.006%$2.7M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09345+0.006%$868K$1.1M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09344−0.005%$4.8M$10.9M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09346+0.017%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09355+0.114%$1.1M$580Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09335−0.101%$733K20xas long as short
edgeX ZAMAUSDCshort+0.0116%4h0.09347+0.026%$6K$457K10x