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

ZAMA

all ZAMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against Bybit+0.053%7-day average −0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1091.094% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 7 days−0.148%−$15 · spread now +0.053%, 7d avg −0.113%
Together, before fees−0.164%−$16 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: Binance is 0.167% dearer against Bybit than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZAMAUSDT0.097740.0100pay 0.0050% / 4h1h 56m$8.1M$25.1M25x
ShortBinance ZAMAUSDT0.097790.0100get 0.0050% / 4h1h 56m$19.2M$131.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.053% → −0.113%
$16.67
Slippage, 4 orders
−$88.36
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$92.69
Costs to cover
1.094%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 2 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 Bybit live order book, 2 min ago1.54 bp34.9 bp −$35110.2 bp −$1,102doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago0.52 bp16.0 bp −$1666.8 bp −$668doesn't fitdoesn't fit

ZAMA on 12 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−0.0204%4h0.09756−0.184%$987K$6.8M50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09750−0.242%$236K$1.8M20xas long as short
Binance ZAMAUSDTshort+0.0100%4h0.09779+0.053%$19.2M$131.2M50x
Bybit ZAMAUSDTlong+0.0100%4h0.09774long leg$8.1M$25.1M25x
OKX ZAMA-USDT-SWAP+0.0100%4h0.09770−0.041%$5.7M$97.8M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09772−0.020%$2.9M$4.4M50xas long as short
KuCoin ZAMAUSDTM+0.0100%4h0.09771−0.031%$870K$1.4M50xas long as short
Bitget ZAMAUSDT+0.0100%4h0.09777+0.031%$5.1M$14.3M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09771−0.031%$2.4Mas long as short
Variational Omni ZAMA+0.0100%4h0.09637−1.404%$1.0M$479Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09713−0.624%$714K20xas long as short
edgeX ZAMAUSDC+0.0109%4h0.09633−1.439%$5K$451K10xas long as short