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 −0.080%
Price spread now: Gate against BloFin+0.064%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3633.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.402%−$40 on $10k
Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.064%, 7d avg +0.149%
Together, before fees−0.279%−$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.085% cheaper against BloFin than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.149%). If the spread goes back, that is −$8 on $10k: about 15 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.402%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZAMA-USDT0.093410.0081pay 0.0041% / 4h15m 01s$815K$483K50x
ShortGate ZAMA_USDT0.093470.0100get 0.0050% / 4h15m 01s$961K$5.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$3.91
Price spread: +0.064% → +0.149%
−$8.45
Slippage, 4 orders
−$335.94
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$367.48
Costs to cover
3.629%
Break-even
664.5 days
Slippage from BloFin: live order book, 2 min ago; Gate: live order book, 3 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, 2 min ago2.14 bp16.9 bp −$1750.4 bp −$504doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago2.66 bp139.0 bp −$139doesn'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-USDTlong+0.0081%4h0.09341long leg$815K$483K50x
Aster ZAMAUSDT+0.0100%4h0.09346+0.051%$309K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09354+0.139%$18.4M$111.9M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09359+0.193%$8.2M$22.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09355+0.150%$5.4M$79.3M20xas long as short
Gate ZAMA_USDTshort+0.0100%4h0.09347+0.064%$961K$5.6M50x
MEXC ZAMA_USDT+0.0100%4h0.09350+0.096%$2.8M$4.0M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09345+0.043%$868K$1.1M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09356+0.161%$4.8M$10.9M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09356+0.161%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09355+0.150%$1.1M$580Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09338−0.032%$733K20xas long as short
edgeX ZAMAUSDC+0.0112%4h0.09360+0.204%$6K$456K10xas long as short