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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0040%/8hnext payment $0.20 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.119%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$940.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$3 on $10k
Price spread, last 7 days+0.066%+$7 · spread now −0.119%, 7d avg −0.024%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.096% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZAMAUSDT0.091170.0100pay 0.0050% / 4h6m 33s$4.8M$14.8M20x
ShortBinance ZAMAUSDT0.091060.0060get 0.0030% / 4h6m 33s$17.9M$140.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
−$8.31
Price spread: −0.119% → −0.024%
−$9.57
Slippage, 4 orders
−$72.18
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$112.06
Costs to cover
0.942%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 11 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 Bitget live order book, 1 min ago7.13 bp25.4 bp −$2566.0 bp −$660doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.55 bp20.3 bp −$2064.2 bp −$642254.5 bp −$25.5Kdoesn'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−0.0574%4h0.09100−0.186%$215K$1.9M20xas long as short
Gate ZAMA_USDT−0.0250%4h0.09103−0.154%$903K$7.4M50xas long as short
BloFin ZAMA-USDT+0.0018%4h0.09094−0.252%$803K$542K50xas long as short
Binance ZAMAUSDTshort+0.0060%4h0.09106−0.119%$17.9M$140.4M50x
MEXC ZAMA_USDT+0.0062%4h0.09096−0.230%$2.5M$5.1M50xas long as short
edgeX ZAMAUSDC+0.0077%4h0.09172+0.606%$5K$442K10xas long as short
Bybit ZAMAUSDT+0.0100%4h0.09116−0.011%$7.9M$26.4M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09105−0.132%$5.3M$94.8M20xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09113−0.044%$814K$1.8M50xas long as short
Bitget ZAMAUSDTlong+0.0100%4h0.09117long leg$4.8M$14.8M20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZAMA-USDT+0.0100%4h0.09109−0.088%$2.6Mas long as short
Variational Omni ZAMA+0.0100%4h0.09226+1.201%$1.1M$289Kas long as short
SunX ZAMA-USDT+0.0100%4h0.09153+0.395%$675K20xas long as short