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: KuCoin against Binance−0.241%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1311.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 7 days+0.288%+$29 · spread now −0.241%, 7d avg +0.062%
Together, before fees+0.293%+$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: KuCoin is 0.303% cheaper against Binance than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZAMAUSDT0.095490.0100pay 0.0050% / 4h55m 41s$18.8M$113.3M50x
ShortKuCoin ZAMAUSDTM0.095260.0100get 0.0050% / 4h55m 41s$877K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.241% → +0.062%
−$30.32
Slippage, 4 orders
−$109.27
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$161.59
Costs to cover
1.313%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; KuCoin: live order book, 9 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, 2 min ago0.53 bp13.3 bp −$1342.6 bp −$426doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago6.93 bp54.5 bp −$54168.5 bp −$1,685doesn'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
BloFin ZAMA-USDT+0.0099%4h0.09473−0.796%$820K$500K50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09535−0.150%$316K$1.8M20xas long as short
Binance ZAMAUSDTlong+0.0100%4h0.09549long leg$18.8M$113.3M50x
Bybit ZAMAUSDT+0.0100%4h0.09538−0.115%$8.3M$22.3M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09545−0.042%$5.4M$82.3M20xas long as short
Gate ZAMA_USDT+0.0100%4h0.09538−0.115%$974K$5.6M50xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09532−0.178%$2.8M$4.0M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09526−0.241%$877K$1.1M50x
Bitget ZAMAUSDT+0.0100%4h0.09540−0.094%$4.9M$11.1M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09544−0.052%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZAMA+0.0100%4h0.09502−0.490%$1.1M$583Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09538−0.115%$727K20xas long as short
edgeX ZAMAUSDC+0.0119%4h0.09461−0.917%$6K$454K10xas long as short