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 −0.002%
Price spread now: Binance against Bitget−0.052%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 7 days+0.030%+$3 · spread now −0.052%, 7d avg −0.023%
Together, before fees+0.007%+$1 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: Binance is 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZAMAUSDT0.095390.0100pay 0.0050% / 4h3h 41m$5.0M$14.6M20x
ShortBinance ZAMAUSDT0.095340.0100get 0.0050% / 4h3h 41m$19.0M$135.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.052% → −0.023%
−$2.94
Slippage, 4 orders
−$61.98
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$86.92
Costs to cover
0.840%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 1 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 Bitget live order book, 2 min ago5.76 bp25.6 bp −$2657.9 bp −$579doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago0.52 bp15.9 bp −$1662.8 bp −$628doesn'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
Gate ZAMA_USDT−0.0696%4h0.09520−0.199%$937K$7.2M50xas long as short
Aster ZAMAUSDT+0.0064%4h0.09538−0.008%$230K$1.9M20xas long as short
Binance ZAMAUSDTshort+0.0100%4h0.09534−0.052%$19.0M$135.6M50x
Bybit ZAMAUSDT+0.0100%4h0.09542+0.031%$7.9M$26.2M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09537−0.021%$5.5M$98.7M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09532−0.073%$3.0M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09530−0.094%$866K$1.5M50xas long as short
Bitget ZAMAUSDTlong+0.0100%4h0.09539long leg$5.0M$14.6M20x
BingX ZAMA-USDT+0.0100%4h0.09533−0.063%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09458−0.849%$990K$454Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09536−0.031%$711K20xas long as short
edgeX ZAMAUSDC+0.0106%4h0.09453−0.900%$5K$447K10xas long as short
BloFin ZAMA-USDT+0.0118%4h0.09541+0.021%$829K$589K50xas long as short