Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Variational Omni against Binance+0.200%7-day average +0.303% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.021%+$2 on $10k

Price spread, last 4 days (all we have)+0.075%+$8 · spread now +0.200%, 7d avg +0.303%

Together, before fees+0.096%+ Points / potential airdropVariational Omni: Active · farm board+$10 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: Variational Omni is 0.102% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.303%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZAMAUSDT	0.09827	0.0100	pay 0.0050% / 4h	1h 59m	$19.6M	$119.5M	50x
Short	Variational Omni ZAMA	0.09847	0.0100	get 0.0050% / 4h	1h 59m	$1.1M	$579K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.200%Rate

Funding earned: $0
Price spread: +0.200% → +0.303%: −$10.23
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$20.23
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

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	1.02 bp	14.4 bp −$14	51.5 bp −$515	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	5.59 bp	doesn't fit	199.6 bp −$1,996	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
BloFin ZAMA-USDT	+0.0089%	4h	0.09847	+0.204%	$857K	$513K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09818	−0.088%	$329K	$1.9M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09827	long leg	$19.6M	$119.5M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09822	−0.051%	$8.6M	$23.3M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09821	−0.061%	$5.7M	$88.8M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09828	+0.010%	$1.0M	$5.6M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09831	+0.041%	$2.9M	$4.1M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09830	+0.031%	$903K	$1.2M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09830	+0.031%	$5.1M	$12.3M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09826	−0.010%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMAshort	+0.0100%	4h	0.09847	+0.200%	$1.1M	$579K	—
SunX ZAMA-USDT	+0.0100%	4h	0.09835	+0.081%	—	$732K	20x	as long as short
edgeX ZAMAUSDC	+0.0102%	4h	0.09866	+0.401%	$6K	$457K	10x	as long as short