Settings8H · net · $10k
Funding arb · Price arb /

ZAMA

all ZAMA markets
SwapBacktest
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 0.000%
Price spread now: KuCoin against BingX−0.114%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 7 days+0.093%+$9 · spread now −0.114%, 7d avg +0.046%
Together, before fees+0.029%+$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: KuCoin is 0.160% cheaper against BingX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZAMA-USDT0.096310.0100pay 0.0050% / 4h1h 26m$2.4M
ShortKuCoin ZAMAUSDTM0.096200.0100get 0.0050% / 4h1h 26m$871K$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.114% → +0.046%
−$16.02
Slippage, 4 orders
−$111.06
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$149.07
Costs to cover
1.331%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 9 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, 3 min ago2.09 bp13.2 bp −$1327.8 bp −$278199.6 bp −$20.0Kdoesn't fit
Sell KuCoin live order book, 9 min ago7.32 bp49.7 bp −$50165.6 bp −$1,656doesn'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+0.0100%4h0.09611−0.204%$319K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09621−0.104%$19.1M$115.4M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09615−0.166%$8.3M$22.6M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09616−0.156%$5.5M$84.3M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09628−0.031%$986K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.096310.000%$2.9M$4.2M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09620−0.114%$871K$1.2M50x
Bitget ZAMAUSDT+0.0100%4h0.09635+0.042%$5.0M$11.5M20xas long as short
BingX ZAMA-USDTlong+0.0100%4h0.09631long leg$2.4M
Variational Omni ZAMA+0.0100%4h0.09556−0.781%$1.1M$577Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09586−0.467%$728K20xas long as short
edgeX ZAMAUSDC+0.0102%4h0.09554−0.799%$5K$454K10xas long as short
BloFin ZAMA-USDT+0.0145%4h0.09569−0.644%$841K$508K50xas long as short