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 0.000%
Price spread now: Bybit against BingX−0.091%7-day average +0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$980.982% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 7 days+0.175%+$17 · spread now −0.091%, 7d avg +0.096%
Together, before fees+0.115%+$11 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: Bybit is 0.188% cheaper against BingX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZAMA-USDT0.098660.0100pay 0.0050% / 4h28m 47s$2.4M
ShortBybit ZAMAUSDT0.098570.0100get 0.0050% / 4h28m 47s$8.5M$25.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.091% → +0.096%
−$18.76
Slippage, 4 orders
−$77.19
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$116.95
Costs to cover
0.982%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago3.02 bp17.6 bp −$1851.5 bp −$515237.7 bp −$23.8Kdoesn't fit
Sell Bybit live order book, 5 min ago0.50 bp33.9 bp −$34102.5 bp −$1,025doesn't fitdoesn'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
Aster ZAMAUSDT+0.0011%4h0.09867+0.008%$424K$2.0M20xas long as short
Gate ZAMA_USDT+0.0042%4h0.09860−0.061%$998K$6.8M50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09861−0.049%$19.7M$133.3M50xas long as short
Bybit ZAMAUSDTshort+0.0100%4h0.09857−0.091%$8.5M$25.6M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09849−0.172%$5.8M$98.1M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09854−0.122%$2.7M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09864−0.020%$889K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09864−0.020%$5.1M$14.6M20xas long as short
BingX ZAMA-USDTlong+0.0100%4h0.09866long leg$2.4M
Variational Omni ZAMA+0.0100%4h0.09890+0.241%$1.1M$600Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09863−0.030%$742K20xas long as short
BloFin ZAMA-USDT+0.0105%4h0.09847−0.193%$879K$579K50xas long as short
edgeX ZAMAUSDC+0.0113%4h0.09883+0.171%$5K$455K10xas long as short