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: KuCoin against Binance−0.109%7-day average +0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1451.450% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 7 days+0.166%+$17 · spread now −0.109%, 7d avg +0.062%

Together, before fees+0.171%+$17 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: KuCoin is 0.171% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZAMAUSDT	0.09401	0.0100	pay 0.0050% / 4h	10m 12s	$18.5M	$111.6M	50x
Short	KuCoin ZAMAUSDTM	0.09391	0.0100	get 0.0050% / 4h	10m 12s	$873K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → +0.062%: −$17.08
Slippage, 4 orders: −$123.04
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$162.13
Costs to cover: 1.450%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 5 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, 3 min ago	0.53 bp	15.1 bp −$15	57.5 bp −$575	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	5.35 bp	62.6 bp −$63	181.1 bp −$1,811	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
Aster ZAMAUSDT	+0.0100%	4h	0.09386	−0.161%	$312K	$1.8M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09401	long leg	$18.5M	$111.6M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09403	+0.019%	$8.2M	$22.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09396	−0.055%	$5.4M	$79.4M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09393	−0.087%	$969K	$5.6M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09400	−0.013%	$2.8M	$4.0M	50x	as long as short
KuCoin ZAMAUSDTMshort	+0.0100%	4h	0.09391	−0.109%	$873K	$1.1M	50x
Bitget ZAMAUSDT	+0.0100%	4h	0.09399	−0.023%	$4.8M	$10.9M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09395	−0.066%	—	$2.3M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09370	−0.334%	$1.1M	$580K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX ZAMA-USDT	+0.0100%	4h	0.09396	−0.055%	—	$733K	20x	as long as short
BloFin ZAMA-USDT	+0.0103%	4h	0.09346	−0.587%	$819K	$483K	50x	as long as short
edgeX ZAMAUSDC	+0.0116%	4h	0.09347	−0.579%	$6K	$457K	10x	as long as short