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 −0.002%

Price spread now: Binance against SunX+0.127%56s7-day average −0.016% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)−0.251%−$25 · spread now +0.127%, 7d avg −0.016%

Together, before fees−0.291%−$29 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 0.143% dearer against SunX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZAMA-USDT	0.09391	0.0100	pay 0.0050% / 4h	1h 01m	—	$729K	20x
Short	Binance ZAMAUSDT	0.09403	0.0100	get 0.0050% / 4h	1h 01m	$18.5M	$113.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.127%Rate

Funding earned: $0
Price spread: +0.127% → −0.016%: $14.32
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$3.68
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 60 min ago; Binance: live order book, 12 min ago. Net counts fees only.

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 SunX live order book, 60 min ago	500.66 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.06 bp	18.2 bp −$18	63.4 bp −$634	doesn't fit	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
BloFin ZAMA-USDT	+0.0082%	4h	0.09381	−0.106%	$822K	$497K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09406	+0.162%	$312K	$1.8M	20x	as long as short
Binance ZAMAUSDTshort	+0.0100%	4h	0.09403	+0.127%	$18.5M	$113.9M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09398	+0.075%	$8.2M	$22.3M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09404	+0.138%	$5.4M	$81.4M	20x	as long as short
Gate ZAMA_USDT	+0.0100%	4h	0.09403	+0.128%	$953K	$5.7M	50x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09403	+0.128%	$2.7M	$4.2M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09407	+0.170%	$866K	$1.2M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09413	+0.234%	$4.8M	$11.3M	20x	as long as short
BingX ZAMA-USDT	+0.0100%	4h	0.09399	+0.085%	—	$2.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09391	−0.002%	$1.1M	$583K	—	as long as short
SunX ZAMA-USDTlong	+0.0100%	4h	0.09391	long leg	—	$729K	20x
edgeX ZAMAUSDC	+0.0118%	4h	0.09376	−0.158%	$6K	$457K	10x	as long as short