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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: edgeX against Bitget+0.229%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$730.726% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 3 days (all we have)−0.103%−$10 · spread now +0.229%, 7d avg +0.058%
Together, before fees−0.128%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.171% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZAMAUSDT0.094450.0100pay 0.0050% / 4h22m 47s$4.9M$14.7M20x
ShortedgeX ZAMAUSDC0.094670.0109get 0.0054% / 4h22m 47s$5K$443K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$1.83
Price spread: +0.229% → +0.058%
$17.12
Slippage, 4 orders
−$51.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$53.66
Costs to cover
0.726%
Break-even
212.6 days
Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 56 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 Bitget live order book, 1 min ago3.70 bp26.0 bp −$2663.1 bp −$631doesn't fitdoesn't fit
Sell edgeX live order book, 56 min ago5.95 bp12.1 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
Gate ZAMA_USDT−0.0196%4h0.09438−0.074%$950K$7.3M50xas long as short
Aster ZAMAUSDT+0.0002%4h0.09439−0.069%$221K$1.9M20xas long as short
BloFin ZAMA-USDT+0.0069%4h0.09456+0.116%$824K$588K50xas long as short
Binance ZAMAUSDT+0.0100%4h0.094450.000%$18.8M$137.5M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09447+0.021%$7.8M$26.4M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.094450.000%$5.5M$98.8M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09442−0.032%$2.8M$4.6M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09446+0.011%$814K$1.6M50xas long as short
Bitget ZAMAUSDTlong+0.0100%4h0.09445long leg$4.9M$14.7M20x
BingX ZAMA-USDT+0.0100%4h0.09436−0.095%$2.5Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09487+0.444%$983K$445Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09460+0.159%$706K20xas long as short
edgeX ZAMAUSDCshort+0.0109%4h0.09467+0.229%$5K$443K10x