Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bitget−0.122%7-day average −0.004% · 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−$94as in the Price arb table

costs, in and out, $10k−$820.818% of the position

Long on Bitget Short on BingX

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+0.198%+$20 · spread now −0.122%, 7d avg −0.004%

Together, before fees+0.250%+$25 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: BingX is 0.118% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.09020	0.0100	pay 0.0050% / 4h	2h 52m	$4.7M	$14.8M	20x
Short	BingX ZAMA-USDT	0.09009	0.0100	get 0.0050% / 4h	2h 52m	—	$2.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee BitgetbpFee BingXbpOrdersPrice spread, now −0.122%Rate

Funding earned: $0
Price spread: −0.122% → −0.004%: −$11.76
Slippage, 4 orders: −$59.82
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$93.59
Costs to cover: 0.818%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 12 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 Bitget live order book, 1 min ago	7.20 bp	22.2 bp −$22	56.3 bp −$563	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	2.22 bp	14.7 bp −$15	60.4 bp −$604	214.7 bp −$21.5K	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
Gate ZAMA_USDT	−0.1252%	4h	0.09007	−0.144%	$865K	$7.4M	50x	as long as short
Aster ZAMAUSDT	−0.0707%	4h	0.09021	+0.015%	$222K	$1.9M	20x	as long as short
BloFin ZAMA-USDT	−0.0067%	4h	0.09022	+0.022%	$773K	$564K	50x	as long as short
Binance ZAMAUSDT	−0.0040%	4h	0.09011	−0.104%	$17.5M	$140.0M	50x	as long as short
MEXC ZAMA_USDT	−0.0034%	4h	0.09012	−0.089%	$2.5M	$4.7M	50x	as long as short
edgeX ZAMAUSDC	−0.0018%	4h	0.08998	−0.246%	$5K	$442K	10x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09026	+0.067%	$7.7M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09019	−0.011%	$5.1M	$94.4M	20x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09026	+0.067%	$784K	$1.7M	50x	as long as short
Bitget ZAMAUSDTlong	+0.0100%	4h	0.09020	long leg	$4.7M	$14.8M	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZAMA-USDTshort	+0.0100%	4h	0.09009	−0.122%	—	$2.5M	—
Variational Omni ZAMA	+0.0100%	4h	0.09008	−0.128%	$954K	$426K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09027	+0.078%	—	$687K	20x	as long as short