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 +0.001%
Price spread now: edgeX against KuCoin+0.714%83s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1261.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.685%−$68 · spread now +0.714%, 7d avg +0.024%
Together, before fees−0.679%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.689% dearer against KuCoin than usual: you sell high and buy low: +$69 more if the spread goes back to its 7-day average of +0.024%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZAMAUSDTM0.095110.0100pay 0.0050% / 4h3h 14m$859K$1.2M50x
ShortedgeX ZAMAUSDC0.095790.0119get 0.0059% / 4h3h 14m$5K$456K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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: +0.714% → +0.024%
$68.94
Slippage, 4 orders
−$105.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$53.38
Costs to cover
1.262%
Break-even
102.6 days
Slippage from KuCoin: live order book, 1 min ago; edgeX: live order book, 39 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 KuCoin live order book, 1 min ago6.82 bp57.4 bp −$57180.8 bp −$1,808doesn't fitdoesn't fit
Sell edgeX live order book, 39 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−0.0086%4h0.09511+0.004%$411K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09515+0.040%$18.8M$124.0M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09515+0.042%$8.2M$24.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09519+0.084%$5.5M$89.3M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09510−0.011%$963K$6.2M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09514+0.032%$2.6M$4.4M50xas long as short
KuCoin ZAMAUSDTMlong+0.0100%4h0.09511long leg$859K$1.2M50x
Bitget ZAMAUSDT+0.0100%4h0.09513+0.021%$4.9M$13.6M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09520+0.095%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09530+0.198%$1.1M$595Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09534+0.242%$729K20xas long as short
edgeX ZAMAUSDCshort+0.0119%4h0.09579+0.714%$5K$456K10x
BloFin ZAMA-USDT+0.0151%4h0.09543+0.336%$839K$497K50xas long as short