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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.09 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against edgeX−0.240%53s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1491.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.240%, 7d avg −0.024%
Together, before fees+0.078%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.217% cheaper against edgeX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.024%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZAMAUSDC0.099590.0118pay 0.0059% / 4h36m 33s$5K$452K10x
ShortKuCoin ZAMAUSDTM0.099350.0100get 0.0050% / 4h36m 33s$914K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
−$3.82
Price spread: −0.240% → −0.024%
−$21.67
Slippage, 4 orders
−$128.39
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$174.87
Costs to cover
1.494%
Break-even
never at this rate
Slippage from edgeX: live order book, 22 min ago; KuCoin: live order book, 4 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 edgeX live order book, 22 min ago8.94 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago8.02 bp46.6 bp −$47145.1 bp −$1,451doesn'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+0.0028%4h0.09933−0.260%$1.0M$6.8M50xas long as short
Aster ZAMAUSDT+0.0050%4h0.09913−0.461%$426K$2.0M20xas long as short
BloFin ZAMA-USDT+0.0097%4h0.09939−0.200%$891K$597K50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09932−0.268%$19.9M$133.6M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09931−0.280%$8.6M$25.6M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09927−0.321%$5.8M$99.3M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09939−0.200%$2.8M$4.5M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09935−0.240%$914K$1.4M50x
Bitget ZAMAUSDT+0.0100%4h0.09937−0.220%$5.2M$14.6M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09933−0.260%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.1002+0.640%$1.2M$598Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09904−0.551%$740K20xas long as short
edgeX ZAMAUSDClong+0.0118%4h0.09959long leg$5K$452K10x