Settings8H · net · $10k
Funding arb · Price arb /

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.137%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1401.402% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.094%−$9 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.137%, 7d avg +0.073%
Together, before fees+0.065%+$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: KuCoin is 0.210% cheaper against BingX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZAMA-USDT0.094730.0100pay 0.0050% / 4h39m 58s$2.5M
ShortKuCoin ZAMAUSDTM0.094600.0100get 0.0050% / 4h39m 58s$809K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: −0.137% → +0.073%
−$21.05
Slippage, 4 orders
−$118.17
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$161.22
Costs to cover
1.402%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: 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 BingX live order book, 10 min ago2.65 bp19.5 bp −$1955.5 bp −$555207.3 bp −$20.7Kdoesn't fit
Sell KuCoin live order book, 1 min ago7.94 bp52.0 bp −$52167.6 bp −$1,676doesn'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
Gate ZAMA_USDT−0.0226%4h0.09452−0.222%$931K$7.3M50xas long as short
Aster ZAMAUSDT−0.0077%4h0.09458−0.154%$230K$1.9M20xas long as short
Binance ZAMAUSDT+0.0100%4h0.09472−0.011%$18.8M$138.4M50xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09481+0.084%$7.8M$26.5M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09457−0.169%$5.5M$99.4M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09469−0.042%$2.8M$4.6M50xas long as short
KuCoin ZAMAUSDTMshort+0.0100%4h0.09460−0.137%$809K$1.6M50x
Bitget ZAMAUSDT+0.0100%4h0.094730.000%$5.0M$14.8M20xas long as short
BingX ZAMA-USDTlong+0.0100%4h0.09473long leg$2.5M
Variational Omni ZAMA+0.0100%4h0.09446−0.282%$986K$444Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09457−0.169%$705K20xas long as short
edgeX ZAMAUSDC+0.0102%4h0.09431−0.446%$5K$446K10xas long as short
BloFin ZAMA-USDT+0.0119%4h0.09458−0.158%$802K$581K50xas long as short