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: Bybit against Binance+0.073%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1091.091% 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+0.036%+$4 · spread now +0.073%, 7d avg +0.112%
Together, before fees+0.056%+$6 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 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZAMAUSDT0.095490.0100pay 0.0050% / 4h3h 27m$18.9M$126.3M50x
ShortBybit ZAMAUSDT0.095560.0100get 0.0050% / 4h3h 27m$8.2M$24.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.073% → +0.112%
−$3.91
Slippage, 4 orders
−$88.14
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$113.05
Costs to cover
1.091%
Break-even
never at this rate
Slippage from Binance: live order book, 16 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 Binance live order book, 16 min ago1.04 bp16.4 bp −$1657.8 bp −$578doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.04 bp40.8 bp −$4196.2 bp −$962doesn't fitdoesn'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−0.0098%4h0.09557+0.086%$412K$1.9M20xas long as short
Binance ZAMAUSDTlong+0.0100%4h0.09549long leg$18.9M$126.3M50x
Bybit ZAMAUSDTshort+0.0100%4h0.09556+0.073%$8.2M$24.8M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09552+0.031%$5.5M$91.5M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09545−0.042%$958K$6.1M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09550+0.010%$2.7M$4.4M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09535−0.147%$860K$1.3M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09551+0.021%$4.9M$13.8M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09551+0.021%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09670+1.265%$1.1M$598Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09626+0.806%$732K20xas long as short
edgeX ZAMAUSDC+0.0110%4h0.09630+0.852%$5K$452K10xas long as short
BloFin ZAMA-USDT+0.0134%4h0.09628+0.827%$839K$515K50xas long as short