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 −0.002%
Price spread now: Binance against Bybit−0.052%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 7 days−0.057%−$6 · spread now −0.052%, 7d avg −0.112%
Together, before fees−0.077%−$8 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: Binance is 0.060% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZAMAUSDT0.095290.0100pay 0.0050% / 4h3h 19m$8.2M$24.4M25x
ShortBinance ZAMAUSDT0.095240.0100get 0.0050% / 4h3h 19m$18.8M$125.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: −0.052% → −0.112%
$5.99
Slippage, 4 orders
−$87.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$102.83
Costs to cover
1.088%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 8 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 Bybit live order book, 4 min ago0.52 bp33.6 bp −$34113.3 bp −$1,133doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.52 bp16.0 bp −$1654.5 bp −$545235.2 bp −$23.5Kdoesn'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−0.0096%4h0.09528−0.014%$413K$1.9M20xas long as short
BloFin ZAMA-USDT+0.0099%4h0.09553+0.252%$833K$515K50xas long as short
Binance ZAMAUSDTshort+0.0100%4h0.09524−0.052%$18.8M$125.2M50x
Bybit ZAMAUSDTlong+0.0100%4h0.09529long leg$8.2M$24.4M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09516−0.136%$5.5M$90.0M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09524−0.052%$963K$6.2M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09520−0.094%$2.7M$4.4M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09530+0.010%$862K$1.3M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09519−0.105%$4.9M$13.7M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09523−0.063%$2.4Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09561+0.334%$1.1M$595Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09527−0.021%$731K20xas long as short
edgeX ZAMAUSDC+0.0106%4h0.09608+0.829%$5K$454K10xas long as short