Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: BingX against Binance−0.032%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$620.617% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 7 days+0.115%+$11 · spread now −0.032%, 7d avg +0.016%

Together, before fees+0.183%+$18 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 0.048% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZAMAUSDT	0.09296	0.0100	pay 0.0050% / 4h	1h 52m	$18.6M	$95.4M	50x
Short	BingX ZAMA-USDT	0.09293	0.0100	get 0.0050% / 4h	1h 52m	—	$2.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.032%Rate

Funding earned: $0
Price spread: −0.032% → +0.016%: −$4.81
Slippage, 4 orders: −$41.74
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$66.55
Costs to cover: 0.617%
Break-even: never at this rate

Slippage from Binance: live order book, 13 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 Binance live order book, 13 min ago	0.53 bp	16.4 bp −$16	57.7 bp −$577	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	1.61 bp	8.9 bp −$9	51.1 bp −$511	233.2 bp −$23.3K	doesn't fit

ZAMA on 14 exchanges

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
Gate ZAMA_USDT	+0.0006%	4h	0.09294	−0.022%	$1.0M	$4.7M	50x	as long as short
BloFin ZAMA-USDT	+0.0064%	4h	0.09289	−0.075%	$822K	$445K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09287	−0.097%	$307K	$1.6M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09296	long leg	$18.6M	$95.4M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09293	−0.032%	$8.3M	$18.9M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09290	−0.065%	$5.3M	$68.1M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09294	−0.022%	$3.1M	$3.3M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09295	−0.011%	$894K	$1.0M	50x	as long as short
Bitget ZAMAUSDT	+0.0100%	4h	0.09298	+0.022%	$4.8M	$9.3M	20x	as long as short
BingX ZAMA-USDTshort	+0.0100%	4h	0.09293	−0.032%	—	$2.1M	—

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09280	−0.171%	$1.1M	$637K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09565	+2.894%	—	$717K	20x	as long as short
Phemex ZAMAUSDT	+0.0100%	4h	0.09297	+0.011%	$59K	$162K	20x	as long as short
edgeX ZAMAUSDC	+0.0111%	4h	0.09291	−0.050%	$6K	$452K	10x	as long as short