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 +0.002%

Price spread now: Bitget against Binance−0.016%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$810.811% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.016%, 7d avg +0.024%

Together, before fees+0.017%+$2 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 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZAMAUSDT	0.09386	0.0100	pay 0.0050% / 4h	1h 02m	$18.5M	$113.9M	50x
Short	Bitget ZAMAUSDT	0.09385	0.0100	get 0.0050% / 4h	1h 02m	$4.8M	$11.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → +0.024%: −$3.92
Slippage, 4 orders: −$59.11
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$85.03
Costs to cover: 0.811%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 1 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 Binance live order book, 10 min ago	1.06 bp	17.6 bp −$18	60.7 bp −$607	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	6.40 bp	22.5 bp −$23	59.8 bp −$598	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
BloFin ZAMA-USDT	+0.0082%	4h	0.09381	−0.058%	$822K	$497K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09383	−0.039%	$311K	$1.8M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09386	long leg	$18.5M	$113.9M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09389	+0.027%	$8.2M	$22.4M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09387	+0.006%	$5.4M	$81.3M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09385	−0.016%	$950K	$5.7M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09383	−0.037%	$2.7M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09381	−0.058%	$863K	$1.2M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09385	−0.016%	$4.8M	$11.3M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09391	+0.048%	—	$2.3M	—	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	0.09391	+0.047%	$1.1M	$583K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09379	−0.079%	—	$729K	20x	as long as short
edgeX ZAMAUSDC	+0.0118%	4h	0.09380	−0.072%	$6K	$456K	10x	as long as short