Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

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: Bitget against SunX+0.363%50s7-day average −0.008% · you sell dearer than you buy

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

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 3 days (all we have)−0.419%−$42 · spread now +0.363%, 7d avg −0.008%

Together, before fees−0.444%−$44 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: Bitget is 0.371% dearer against SunX than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 50 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	0.09361	0.0100	pay 0.0050% / 4h	2h 53m	—	$718K	20x
Short	Bitget ZAMAUSDT	0.09395	0.0100	get 0.0050% / 4h	2h 53m	$4.9M	$14.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.363%Rate

Funding earned: $0
Price spread: +0.363% → −0.008%: $37.14
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: $17.14
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: SunX: live order book, 58 min ago; Bitget: live order book, 5 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, 58 min ago	499.44 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	6.85 bp	22.3 bp −$22	58.8 bp −$588	doesn't fit	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	−0.0638%	4h	0.09397	+0.385%	$921K	$7.0M	50x	as long as short
Aster ZAMAUSDT	+0.0041%	4h	0.09393	+0.342%	$227K	$1.9M	20x	as long as short
BloFin ZAMA-USDT	+0.0085%	4h	0.09342	−0.203%	$829K	$586K	50x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09395	+0.364%	$18.6M	$135.7M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09407	+0.491%	$7.7M	$26.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09401	+0.427%	$5.5M	$97.0M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09395	+0.363%	$2.8M	$4.5M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09387	+0.278%	$838K	$1.5M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09395	+0.363%	$4.9M	$14.6M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09399	+0.406%	—	$2.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09372	+0.113%	$981K	$469K	—	as long as short
SunX ZAMA-USDTlong	+0.0100%	4h	0.09361	long leg	—	$718K	20x
edgeX ZAMAUSDC	+0.0112%	4h	0.09453	+0.984%	$5K	$445K	10x	as long as short