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: Bitget against Binance+0.082%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1071.071% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 7 days−0.111%−$11 · spread now +0.082%, 7d avg +0.024%

Together, before fees−0.090%−$9 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: Bitget is 0.058% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZAMAUSDT	0.09373	0.0100	pay 0.0050% / 4h	3h 02m	$18.8M	$108.8M	50x
Short	Bitget ZAMAUSDT	0.09381	0.0100	get 0.0050% / 4h	3h 02m	$4.9M	$10.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → +0.024%: $5.84
Slippage, 4 orders: −$85.13
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$101.29
Costs to cover: 1.071%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 1 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, 11 min ago	1.07 bp	16.6 bp −$17	65.0 bp −$650	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	6.92 bp	36.8 bp −$37	doesn't fit	doesn't fit	doesn't fit

ZAMA on 14 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
Gate ZAMA_USDT	−0.0210%	4h	0.09371	−0.025%	$971K	$5.7M	50x	as long as short
BloFin ZAMA-USDT	+0.0075%	4h	0.09385	+0.125%	$815K	$477K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09382	+0.090%	$310K	$1.7M	20x	as long as short
Binance ZAMAUSDTlong	+0.0100%	4h	0.09373	long leg	$18.8M	$108.8M	50x
Bybit ZAMAUSDT	+0.0100%	4h	0.09382	+0.093%	$8.3M	$21.8M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09374	+0.007%	$5.2M	$77.9M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09380	+0.071%	$2.9M	$4.1M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09383	+0.103%	$878K	$1.1M	50x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09381	+0.082%	$4.9M	$10.7M	20x
BingX ZAMA-USDT	+0.0100%	4h	0.09376	+0.029%	—	$2.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09401	+0.295%	$1.1M	$583K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09611	+2.536%	—	$746K	20x	as long as short
Phemex ZAMAUSDT	+0.0100%	4h	0.09377	+0.039%	$2K	$16K	20x	as long as short
edgeX ZAMAUSDC	+0.0109%	4h	0.09394	+0.220%	$6K	$454K	10x	as long as short