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−0.0002%/8h= −0.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin+0.022%7-day average +0.191% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$720.723% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.220%−$22 on $10k
Price spread, last 3 days (all we have)+0.208%+$21 · spread now +0.022%, 7d avg +0.191%
Together, before fees−0.012%−$1 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: Binance is 0.169% cheaper against BloFin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.191%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZAMA-USDT0.091130.0067pay 0.0033% / 4h1h 48m$776K$565K50x
ShortBinance ZAMAUSDT0.091150.0065get 0.0032% / 4h1h 48m$17.7M$138.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$0.5
Price spread: +0.022% → +0.191%
−$16.87
Slippage, 4 orders
−$50.28
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$89.65
Costs to cover
0.723%
Break-even
never at this rate
Slippage from BloFin: live order book, 33 min ago; Binance: live order book, 9 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 BloFin live order book, 33 min ago1.67 bp17.4 bp −$1739.9 bp −$399doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.12 bp18.7 bp −$1958.9 bp −$589278.7 bp −$27.9Kdoesn'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−0.0662%4h0.09109−0.044%$876K$7.3M50xas long as short
Aster ZAMAUSDT−0.0546%4h0.09112−0.011%$215K$1.9M20xas long as short
MEXC ZAMA_USDT+0.0060%4h0.09114+0.011%$2.6M$4.6M50xas long as short
Binance ZAMAUSDTshort+0.0065%4h0.09115+0.022%$17.7M$138.6M50x
BloFin ZAMA-USDTlong+0.0067%4h0.09113long leg$776K$565K50x
edgeX ZAMAUSDC+0.0071%4h0.09050−0.687%$5K$443K10xas long as short
KuCoin ZAMAUSDTM+0.0090%4h0.09109−0.044%$816K$1.7M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09120+0.077%$7.6M$26.5M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09109−0.044%$5.2M$95.3M20xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09119+0.066%$4.8M$14.8M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZAMA-USDT+0.0100%4h0.09116+0.033%$2.5Mas long as short
Variational Omni ZAMA+0.0100%4h0.09056−0.628%$937K$445Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09087−0.285%$695K20xas long as short