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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Binance+0.028%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.028%, 7d avg +0.060%
Together, before fees+0.075%+$8 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: KuCoin is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZAMAUSDT0.096190.0100pay 0.0050% / 4h2h 04m$18.9M$133.0M50x
ShortKuCoin ZAMAUSDTM0.096220.0100get 0.0050% / 4h2h 04m$841K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: +0.028% → +0.060%
−$3.15
Slippage, 4 orders
−$124.02
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$149.17
Costs to cover
1.460%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 6 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 Binance live order book, 8 min ago0.52 bp16.4 bp −$1664.1 bp −$641doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago7.37 bp56.4 bp −$56170.3 bp −$1,703doesn't fitdoesn't fit

ZAMA on 12 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−0.0312%4h0.09616−0.034%$958K$7.1M50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09617−0.024%$233K$1.8M20xas long as short
Binance ZAMAUSDTlong+0.0100%4h0.09619long leg$18.9M$133.0M50x
Bybit ZAMAUSDT+0.0100%4h0.09621+0.018%$8.0M$25.4M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09614−0.055%$5.6M$97.4M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09619−0.003%$2.8M$4.5M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09622+0.028%$841K$1.4M50x
Bitget ZAMAUSDT+0.0100%4h0.09625+0.059%$5.0M$14.4M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09617−0.024%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09489−1.356%$1.0M$479Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09595−0.253%$719K20xas long as short
edgeX ZAMAUSDC+0.0114%4h0.09492−1.319%$5K$449K10xas long as short