Funding arb · Price arb /

ZAMA

all ZAMA markets

Swap Backtest

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: Bitget against SunX−0.055%7-day average −0.010% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 3 days (all we have)+0.072%+$7 · spread now −0.055%, 7d avg −0.010%

Together, before fees+0.047%+$5 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: Bitget is 0.046% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZAMA-USDT	0.09023	0.0100	pay 0.0050% / 4h	2h 10m	—	$693K	20x
Short	Bitget ZAMAUSDT	0.09018	0.0100	get 0.0050% / 4h	2h 10m	$4.7M	$14.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.010%: −$4.58
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$24.58
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 1 min ago; Bitget: live order book, 8 min ago. Net counts fees only.

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 SunX live order book, 1 min ago	500.75 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 8 min ago	4.98 bp	29.2 bp −$29	69.2 bp −$692	doesn't fit	doesn't fit

ZAMA on 13 venues

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	−0.0758%	4h	0.09012	−0.122%	$862K	$7.4M	50x	as long as short
Aster ZAMAUSDT	−0.0602%	4h	0.09023	+0.003%	$217K	$1.9M	20x	as long as short
edgeX ZAMAUSDC	+0.0015%	4h	0.09002	−0.237%	$5K	$445K	10x	as long as short
MEXC ZAMA_USDT	+0.0024%	4h	0.09014	−0.100%	$2.5M	$4.7M	50x	as long as short
Binance ZAMAUSDT	+0.0031%	4h	0.09014	−0.100%	$17.5M	$139.4M	50x	as long as short
BloFin ZAMA-USDT	+0.0040%	4h	0.09020	−0.033%	$772K	$564K	50x	as long as short
KuCoin ZAMAUSDTM	+0.0082%	4h	0.09025	+0.022%	$784K	$1.7M	50x	as long as short
Bybit ZAMAUSDT	+0.0100%	4h	0.09023	0.000%	$7.6M	$26.5M	25x	as long as short
OKX ZAMA-USDT-SWAP	+0.0100%	4h	0.09017	−0.066%	$5.1M	$94.5M	20x	as long as short
Bitget ZAMAUSDTshort	+0.0100%	4h	0.09018	−0.055%	$4.7M	$14.8M	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZAMA-USDT	+0.0100%	4h	0.09015	−0.089%	—	$2.5M	—	as long as short
Variational Omni ZAMA	+0.0100%	4h	0.09038	+0.164%	$956K	$424K	—	as long as short
SunX ZAMA-USDTlong	+0.0100%	4h	0.09023	long leg	—	$693K	20x