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 0.000%

Price spread now: BingX against Bitget+0.114%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$870.872% of the position

Long on Bitget Short on BingX

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−0.070%−$7 · spread now +0.114%, 7d avg −0.008%

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: BingX is 0.121% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.09674	0.0100	pay 0.0050% / 4h	1h 54m	$5.0M	$12.1M	20x
Short	BingX ZAMA-USDT	0.09685	0.0100	get 0.0050% / 4h	1h 54m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now +0.114%Rate

Funding earned: $0
Price spread: +0.114% → −0.008%: $12.12
Slippage, 4 orders: −$65.15
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$75.03
Costs to cover: 0.872%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 9 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 Bitget live order book, 4 min ago	5.09 bp	22.2 bp −$22	61.2 bp −$612	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	3.04 bp	19.9 bp −$20	52.2 bp −$522	210.0 bp −$21.0K	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	0.09678	+0.041%	$324K	$1.9M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09682	+0.079%	$19.3M	$119.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09677	+0.031%	$8.4M	$23.2M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09659	−0.155%	$5.6M	$87.2M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09682	+0.083%	$989K	$5.6M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09664	−0.103%	$2.9M	$4.1M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09684	+0.103%	$857K	$1.2M	50x	as long as short
Bitget ZAMAUSDTlong	+0.0100%	4h	0.09674	long leg	$5.0M	$12.1M	20x
BingX ZAMA-USDTshort	+0.0100%	4h	0.09685	+0.114%	—	$2.4M	—
Variational Omni ZAMA	+0.0100%	4h	0.09694	+0.210%	$1.1M	$577K	—	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	0.09659	−0.155%	—	$731K	20x	as long as short
BloFin ZAMA-USDT	+0.0101%	4h	0.09671	−0.031%	$845K	$513K	50x	as long as short
edgeX ZAMAUSDC	+0.0118%	4h	0.09827	+1.578%	$6K	$453K	10x	as long as short