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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0138%/8h= −15.1% APRnext payment $0.69 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BingX−0.033%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$680.683% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.089%−$9 on $10k
Price spread, last 7 days−0.028%−$3 · spread now −0.033%, 7d avg −0.018%
Together, before fees−0.116%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZAMA-USDT0.090350.0100pay 0.0050% / 4h2h 43m$2.5M
ShortBinance ZAMAUSDT0.09032−0.0038pay 0.0019% / 4h2h 43m$17.5M$139.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
−$29.01
Price spread: −0.033% → −0.018%
−$1.54
Slippage, 4 orders
−$48.29
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$98.83
Costs to cover
0.683%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 14 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 BingX live order book, 6 min ago3.32 bp18.5 bp −$1854.1 bp −$541231.1 bp −$23.1Kdoesn't fit
Sell Binance live order book, 14 min ago0.56 bp16.6 bp −$1763.0 bp −$630282.9 bp −$28.3Kdoesn'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
Gate ZAMA_USDT−0.1130%4h0.09032−0.033%$864K$7.4M50xas long as short
Aster ZAMAUSDT−0.0696%4h0.09042+0.077%$222K$1.9M20xas long as short
BloFin ZAMA-USDT−0.0059%4h0.09032−0.033%$775K$563K50xas long as short
Binance ZAMAUSDTshort−0.0038%4h0.09032−0.033%$17.5M$139.9M50x
MEXC ZAMA_USDT−0.0038%4h0.09034−0.011%$2.5M$4.7M50xas long as short
edgeX ZAMAUSDC−0.0021%4h0.09033−0.020%$5K$445K10xas long as short
KuCoin ZAMAUSDTM+0.0094%4h0.09034−0.011%$785K$1.7M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09039+0.044%$7.7M$26.5M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09033−0.022%$5.1M$94.5M20xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09043+0.089%$4.7M$14.8M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZAMA-USDTlong+0.0100%4h0.09035long leg$2.5M
Variational Omni ZAMA+0.0100%4h0.09043+0.089%$961K$426Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09036+0.011%$688K20xas long as short