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 0.000%

Price spread now: BingX against Bitget+0.043%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$800.800% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 7 days+0.069%+$7 · spread now +0.043%, 7d avg −0.008%

Together, before fees+0.115%+$12 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: BingX is 0.051% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZAMAUSDT	0.09348	0.0100	pay 0.0050% / 4h	2h 18m	$4.9M	$10.4M	20x
Short	BingX ZAMA-USDT	0.09352	0.0100	get 0.0050% / 4h	2h 18m	—	$2.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BitgetbpFee BingXbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → −0.008%: $5.09
Slippage, 4 orders: −$58.04
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$74.95
Costs to cover: 0.800%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 7 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 Bitget live order book, 3 min ago	5.89 bp	20.7 bp −$21	71.4 bp −$714	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	2.14 bp	16.5 bp −$17	48.6 bp −$486	199.7 bp −$20.0K	doesn't fit

ZAMA on 14 exchanges

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	−0.0118%	4h	0.09348	0.000%	$1.0M	$5.2M	50x	as long as short
BloFin ZAMA-USDT	+0.0078%	4h	0.09364	+0.171%	$827K	$469K	50x	as long as short
Aster ZAMAUSDT	+0.0100%	4h	0.09351	+0.031%	$309K	$1.7M	20x	as long as short
Binance ZAMAUSDT	+0.0100%	4h	0.09350	+0.021%	$18.7M	$104.4M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09349	+0.011%	$8.4M	$20.7M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09349	+0.011%	$5.3M	$74.7M	20x	as long as short
MEXC ZAMA_USDT	+0.0100%	4h	0.09348	0.000%	$3.0M	$3.8M	50x	as long as short
KuCoin ZAMAUSDTM	+0.0100%	4h	0.09352	+0.043%	$898K	$1.1M	50x	as long as short
Bitget ZAMAUSDTlong	+0.0100%	4h	0.09348	long leg	$4.9M	$10.4M	20x
BingX ZAMA-USDTshort	+0.0100%	4h	0.09352	+0.043%	—	$2.2M	—

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZAMA	+0.0100%	4h	0.09334	−0.154%	$1.1M	$641K	—	as long as short
SunX ZAMA-USDT	+0.0100%	4h	0.09663	+3.370%	—	$739K	20x	as long as short
Phemex ZAMAUSDT	+0.0100%	4h	0.09348	0.000%	$35K	$114K	20x	as long as short
edgeX ZAMAUSDC	+0.0109%	4h	0.09342	−0.065%	$6K	$454K	10x	as long as short