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 0.000%

Price spread now: Bitget against BingX−0.064%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$870.873% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.064%, 7d avg +0.008%

Together, before fees−0.033%−$3 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 0.072% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZAMA-USDT	0.09372	0.0100	pay 0.0050% / 4h	2h 41m	—	$2.4M	—
Short	Bitget ZAMAUSDT	0.09366	0.0100	get 0.0050% / 4h	2h 41m	$4.8M	$12.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BingXbpFee BitgetbpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → +0.008%: −$7.16
Slippage, 4 orders: −$65.34
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$94.49
Costs to cover: 0.873%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 2 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 BingX live order book, 3 min ago	2.65 bp	16.2 bp −$16	53.7 bp −$537	305.3 bp −$30.5K	doesn't fit
Sell Bitget live order book, 2 min ago	5.33 bp	21.2 bp −$21	64.6 bp −$646	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
Aster ZAMAUSDT	+0.0022%	4h	0.09368	−0.043%	$378K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09368	−0.043%	$18.4M	$121.5M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09375	+0.032%	$8.0M	$23.7M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09371	−0.011%	$5.3M	$86.3M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09362	−0.107%	$966K	$5.9M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09369	−0.032%	$2.6M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09356	−0.171%	$850K	$1.2M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09366	−0.064%	$4.8M	$12.8M	20x
BingX ZAMA-USDTlong	+0.0100%	4h	0.09372	long leg	—	$2.4M	—
Variational Omni ZAMA	+0.0100%	4h	0.09429	+0.607%	$1.1M	$597K	—	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	0.09382	+0.107%	—	$727K	20x	as long as short
edgeX ZAMAUSDC	+0.0117%	4h	0.09413	+0.442%	$5K	$456K	10x	as long as short
BloFin ZAMA-USDT	+0.0149%	4h	0.09374	+0.021%	$822K	$484K	50x	as long as short