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: Bybit against Bitget+0.010%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1221.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 7 days+0.044%+$4 · spread now +0.010%, 7d avg +0.089%
Together, before fees+0.036%+$4 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 0.079% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZAMAUSDT0.096310.0100pay 0.0050% / 4h2h 02m$5.0M$14.4M20x
ShortBybit ZAMAUSDT0.096320.0100get 0.0050% / 4h2h 02m$8.0M$25.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.010% → +0.089%
−$7.9
Slippage, 4 orders
−$99.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$130.12
Costs to cover
1.222%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 1 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 Bitget live order book, 1 min ago2.60 bp16.0 bp −$1662.9 bp −$629doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.52 bp41.4 bp −$41108.4 bp −$1,084doesn't fitdoesn't fit

ZAMA on 12 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
Gate ZAMA_USDT−0.0274%4h0.09609−0.228%$961K$7.1M50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09603−0.291%$233K$1.8M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09622−0.095%$18.9M$132.9M50xas long as short
Bybit ZAMAUSDTshort+0.0100%4h0.09632+0.010%$8.0M$25.4M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09625−0.062%$5.6M$97.4M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09616−0.156%$2.8M$4.5M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09591−0.415%$841K$1.4M50xas long as short
Bitget ZAMAUSDTlong+0.0100%4h0.09631long leg$5.0M$14.4M20x
BingX ZAMA-USDT+0.0100%4h0.09616−0.156%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09489−1.476%$1.0M$479Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09615−0.166%$719K20xas long as short
edgeX ZAMAUSDC+0.0114%4h0.09492−1.439%$5K$449K10xas long as short