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: Bybit against Binance+0.089%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1181.184% of the position
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+0.009%+$1 · spread now +0.089%, 7d avg +0.113%
Together, before fees+0.025%+$3 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: Bybit is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZAMAUSDT0.097240.0100pay 0.0050% / 4h18m 46s$19.4M$132.7M50x
ShortBybit ZAMAUSDT0.097330.0100get 0.0050% / 4h18m 46s$8.4M$25.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.089% → +0.113%
−$2.35
Slippage, 4 orders
−$97.39
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$120.74
Costs to cover
1.184%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 5 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 Binance live order book, 9 min ago1.02 bp16.4 bp −$1655.3 bp −$553doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.02 bp40.4 bp −$40123.0 bp −$1,230doesn'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
Aster ZAMAUSDT−0.0060%4h0.09737+0.130%$419K$2.0M20xas long as short
BloFin ZAMA-USDT+0.0059%4h0.09739+0.151%$867K$568K50xas long as short
Gate ZAMA_USDT+0.0084%4h0.09732+0.079%$981K$6.9M50xas long as short
Binance ZAMAUSDTlong+0.0100%4h0.09724long leg$19.4M$132.7M50x
Bybit ZAMAUSDTshort+0.0100%4h0.09733+0.089%$8.4M$25.5M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09727+0.027%$5.6M$96.8M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09727+0.027%$2.7M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09736+0.120%$863K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09729+0.048%$5.0M$14.4M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09727+0.027%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09752+0.281%$1.1M$600Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09745+0.213%$744K20xas long as short
edgeX ZAMAUSDC+0.0105%4h0.09769+0.456%$5K$453K10xas long as short