Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Bitget against Binance+0.053%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$770.772% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.053%, 7d avg +0.023%

Together, before fees+0.004%$0 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: Bitget is 0.030% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZAMAUSDT	0.09450	0.0100	pay 0.0050% / 4h	29m 51s	$18.8M	$137.9M	50x
Short	Bitget ZAMAUSDT	0.09455	0.0100	get 0.0050% / 4h	29m 51s	$4.9M	$14.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → +0.023%: $2.98
Slippage, 4 orders: −$55.18
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$74.2
Costs to cover: 0.772%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 13 min ago	2.11 bp	18.3 bp −$18	69.4 bp −$694	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	5.29 bp	22.4 bp −$22	61.6 bp −$616	doesn't fit	doesn't fit

ZAMA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZAMA_USDT	−0.0214%	4h	0.09445	−0.053%	$937K	$7.3M	50x	as long as short
Aster ZAMAUSDT	−0.0033%	4h	0.09448	−0.021%	$223K	$1.9M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09450	long leg	$18.8M	$137.9M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09451	+0.011%	$7.8M	$26.4M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09451	+0.011%	$5.5M	$99.1M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09450	0.000%	$2.8M	$4.6M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09454	+0.042%	$813K	$1.6M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09455	+0.053%	$4.9M	$14.7M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09450	0.000%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09464	+0.147%	$981K	$445K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09454	+0.042%	—	$705K	20x	as long as short
edgeX ZAMAUSDC	+0.0112%	4h	0.09442	−0.086%	$5K	$445K	10x	as long as short
BloFin ZAMA-USDT	+0.0144%	4h	0.09460	+0.106%	$826K	$590K	50x	as long as short