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 0.000%
Price spread now: Bitget against BingX+0.061%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$850.852% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 7 days−0.040%−$4 · spread now +0.061%, 7d avg +0.007%
Together, before fees−0.092%−$9 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 0.054% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZAMA-USDT0.097770.0100pay 0.0050% / 4h23m 22s$2.4M
ShortBitget ZAMAUSDT0.097830.0100get 0.0050% / 4h23m 22s$5.1M$14.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.061% → +0.007%
$5.39
Slippage, 4 orders
−$63.17
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$79.79
Costs to cover
0.852%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: 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 BingX live order book, 10 min ago3.02 bp17.6 bp −$1851.5 bp −$515237.7 bp −$23.8Kdoesn't fit
Sell Bitget live order book, 5 min ago2.54 bp22.4 bp −$2260.9 bp −$609doesn'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−0.0056%4h0.09760−0.169%$419K$2.0M20xas long as short
Gate ZAMA_USDT+0.0072%4h0.09775−0.020%$987K$6.8M50xas long as short
Binance ZAMAUSDT+0.0100%4h0.09775−0.020%$19.5M$133.2M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09785+0.082%$8.4M$25.6M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09782+0.051%$5.6M$97.5M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09775−0.020%$2.7M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09753−0.245%$865K$1.4M50xas long as short
Bitget ZAMAUSDTshort+0.0100%4h0.09783+0.061%$5.1M$14.5M20x
BingX ZAMA-USDTlong+0.0100%4h0.09777long leg$2.4M
Variational Omni ZAMA+0.0100%4h0.09752−0.259%$1.1M$600Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09775−0.020%$745K20xas long as short
edgeX ZAMAUSDC+0.0110%4h0.09706−0.726%$5K$452K10xas long as short
BloFin ZAMA-USDT+0.0137%4h0.09697−0.818%$863K$566K50xas long as short