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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h
Price spread now: Phemex against BingX+0.171%7-day average +0.171% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1371.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 6 hours (all we have)0.000%$0 · spread now +0.171%, 7d avg +0.171%
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZAMA-USDT0.093680.0100pay 0.0050% / 4h52m 25s$2.2M
ShortPhemex ZAMAUSDT0.093840.0100get 0.0050% / 4h52m 25s$165K$362K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.171% → +0.171%
−$0.04
Slippage, 4 orders
−$114.57
Fee BingX: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$136.61
Costs to cover
1.366%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; Phemex: live order book, 23 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, 4 min ago2.14 bp16.1 bp −$1644.2 bp −$442246.8 bp −$24.7Kdoesn't fit
Sell Phemex live order book, 23 min ago15.54 bp46.5 bp −$47doesn't fitdoesn't fitdoesn't fit

ZAMA on 14 exchanges

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+0.0080%4h0.09370+0.021%$1.1M$4.7M50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09372+0.038%$312K$1.5M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09370+0.021%$18.8M$91.3M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09369+0.011%$8.6M$18.1M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09363−0.053%$5.4M$65.3M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09369+0.011%$3.1M$3.1M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09371+0.032%$905K$974K50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09371+0.032%$4.9M$8.2M20xas long as short
BingX ZAMA-USDTlong+0.0100%4h0.09368long leg$2.2M
Variational Omni ZAMA+0.0100%4h0.09342−0.277%$1.2M$629Kas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09669+3.213%$716K20xas long as short
Phemex ZAMAUSDTshort+0.0100%4h0.09384+0.171%$165K$362K20x
edgeX ZAMAUSDC+0.0100%4h0.09342−0.277%$6K$451K10xas long as short
BloFin ZAMA-USDT+0.0150%4h0.09347−0.224%$832K$443K50xas long as short