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

ZAMA

all ZAMA markets
SwapBacktest
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 −0.002%
Price spread now: Binance against KuCoin−0.114%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1411.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 7 days+0.096%+$10 · spread now −0.114%, 7d avg −0.062%
Together, before fees+0.081%+$8 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 0.052% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZAMAUSDTM0.093950.0100pay 0.0050% / 4h3h 20m$885K$1.1M50x
ShortBinance ZAMAUSDT0.093840.0100get 0.0050% / 4h3h 20m$18.7M$110.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: −0.114% → −0.062%
−$5.19
Slippage, 4 orders
−$119.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$146.6
Costs to cover
1.414%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 7 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 KuCoin live order book, 4 min ago6.43 bp48.5 bp −$49159.5 bp −$1,595doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.07 bp16.2 bp −$1658.8 bp −$588279.7 bp −$28.0Kdoesn'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−0.0280%4h0.09392−0.032%$1.0M$5.6M50xas long as short
Aster ZAMAUSDT+0.0100%4h0.09393−0.024%$311K$1.8M20xas long as short
Binance ZAMAUSDTshort+0.0100%4h0.09384−0.114%$18.7M$110.6M50x
Bybit ZAMAUSDT+0.0100%4h0.09375−0.213%$8.3M$22.1M25xas long as short
OKX ZAMA-USDT-SWAP+0.0100%4h0.09369−0.277%$5.2M$79.0M20xas long as short
MEXC ZAMA_USDT+0.0100%4h0.09391−0.043%$2.9M$4.0M50xas long as short
KuCoin ZAMAUSDTMlong+0.0100%4h0.09395long leg$885K$1.1M50x
Bitget ZAMAUSDT+0.0100%4h0.09378−0.181%$4.9M$10.8M20xas long as short
BingX ZAMA-USDT+0.0100%4h0.09377−0.192%$2.3Mas long as short
Variational Omni ZAMA+0.0100%4h0.09394−0.009%$1.1M$586Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX ZAMA-USDT+0.0100%4h0.09501+1.128%$746K20xas long as short
BloFin ZAMA-USDT+0.0102%4h0.09393−0.021%$823K$489K50xas long as short
edgeX ZAMAUSDC+0.0120%4h0.09383−0.126%$6K$454K10xas long as short