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+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against Bybit+0.100%81s7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1091.088% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.155%−$15 · spread now +0.100%, 7d avg −0.041%
Together, before fees−0.163%+ Points / potential airdropedgeX: Active · farm board−$16 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 0.141% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.041%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZAMAUSDT0.094890.0100pay 0.0050% / 4h2h 50m$8.1M$23.7M25x
ShortedgeX ZAMAUSDC0.094980.0104get 0.0052% / 4h2h 50m$5K$454K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$0.82
Price spread: +0.100% → −0.041%
$14.08
Slippage, 4 orders
−$88.75
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$93.85
Costs to cover
1.088%
Break-even
809.1 days
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 63 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 Bybit live order book, 3 min ago2.63 bp34.2 bp −$3498.4 bp −$984doesn't fitdoesn't fit
Sell edgeX live order book, 63 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+0.0001%4h0.09497+0.080%$383K$1.9M20xas long as short
BloFin ZAMA-USDT+0.0096%4h0.09510+0.221%$830K$490K50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09496+0.070%$18.7M$121.6M50xas long as short
Bybit ZAMAUSDTlong+0.0100%4h0.09489long leg$8.1M$23.7M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09483−0.063%$5.5M$87.2M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09501+0.126%$975K$5.9M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09494+0.053%$2.6M$4.1M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09497+0.084%$859K$1.2M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09501+0.126%$4.9M$12.9M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09502+0.137%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09507+0.188%$1.1M$597Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09502+0.137%$727K20xas long as short
edgeX ZAMAUSDCshort+0.0104%4h0.09498+0.100%$5K$454K10x