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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: edgeX against MEXC+0.417%53s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.281%−$28 · spread now +0.417%, 7d avg +0.090%
Together, before fees−0.269%+ Points / potential airdropedgeX: Active · farm board−$27 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 0.326% dearer against MEXC than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.090%. 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
LongMEXC ZAMA_USDT0.092270.0100pay 0.0050% / 4h1h 46m$3.1M$3.3M50x
ShortedgeX ZAMAUSDC0.092650.0120get 0.0060% / 4h1h 46m$6K$453K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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
$4.15
Price spread: +0.417% → +0.090%
$32.63
Slippage, 4 orders
−$22.68
Fee MEXC: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$2.91
Costs to cover
0.397%
Break-even
11.9 days
Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 65 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 MEXC live order book, 4 min ago0.54 bp7.9 bp −$826.4 bp −$264423.4 bp −$42.3Kdoesn't fit
Sell edgeX live order book, 65 min ago6.47 bp12.6 bp −$13doesn't fitdoesn't fitdoesn't fit

ZAMA on 14 exchanges

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+0.0046%4h0.09223−0.043%$1.0M$4.8M50xas long as short
BloFin ZAMA-USDT+0.0058%4h0.09222−0.054%$821K$442K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09220−0.076%$305K$1.5M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09224−0.034%$18.5M$95.1M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09224−0.033%$8.3M$18.9M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09220−0.076%$5.2M$67.4M20xas long as short
MEXC ZAMA_USDTlong+0.0100%4h0.09227long leg$3.1M$3.3M50x
KuCoin ZAMAUSDTM+0.0100%4h0.09221−0.065%$886K$994K50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09223−0.043%$4.8M$9.2M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09223−0.043%$2.1Mas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09254+0.294%$1.1M$635Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09431+2.211%$717K20xas long as short
Phemex ZAMAUSDT+0.0100%4h0.09190−0.401%$68K$181K20xas long as short
edgeX ZAMAUSDCshort+0.0120%4h0.09265+0.417%$6K$453K10x