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: BingX against SunX+0.257%55s7-day average −0.036% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.257%, 7d avg −0.036%

Together, before fees−0.299%−$30 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 0.293% dearer against SunX than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.036%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZAMA-USDT	0.09354	0.0100	pay 0.0050% / 4h	1h 07m	—	$728K	20x
Short	BingX ZAMA-USDT	0.09378	0.0100	get 0.0050% / 4h	1h 07m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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 SunXbpFee BingXbpOrdersPrice spread, now +0.257%Rate

Funding earned: $0
Price spread: +0.257% → −0.036%: $29.28
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $11.28
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 54 min ago; BingX: live order book, 12 min ago. Net counts fees only.

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 SunX live order book, 54 min ago	500.66 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 12 min ago	2.62 bp	19.7 bp −$20	57.3 bp −$573	209.4 bp −$20.9K	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	+0.0100%	4h	0.09370	+0.170%	$312K	$1.8M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09375	+0.225%	$18.4M	$114.0M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09379	+0.267%	$8.2M	$22.4M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09378	+0.257%	$5.4M	$81.3M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09384	+0.321%	$947K	$5.7M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09379	+0.267%	$2.7M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09377	+0.246%	$859K	$1.2M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09390	+0.385%	$4.8M	$11.3M	20x	as long as short
BingX ZAMA-USDTshort	+0.0100%	4h	0.09378	+0.257%	—	$2.3M	—
Variational Omni ZAMA	+0.0100%	4h	0.09386	+0.340%	$1.1M	$578K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDTlong	+0.0100%	4h	0.09354	long leg	—	$728K	20x
edgeX ZAMAUSDC	+0.0107%	4h	0.09339	−0.163%	$5K	$455K	10x	as long as short
BloFin ZAMA-USDT	+0.0143%	4h	0.09362	+0.086%	$819K	$496K	50x	as long as short